US 7,140,550 B2Granted

Multi-account card with magnetic stripe data and electronic ink display being changeable to correspond to a selected account

AssigneeDiebold Self-Service Systems division of Diebold, Incorporated

InventorNatarajan Ramachandran

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Abstract

A multifunction card includes a programmable memory, a magnetic stripe, and an electronic ink display. The programmable memory is able to store corresponding account data and image data for a plurality of different accounts. The card holder is able to use a portable terminal to select one of the accounts stored in memory. The terminal is able to write account data corresponding to the selected account to the magnetic stripe of the card. The terminal is also able to electronically change the electronic ink display to the image corresponding to the selected account. Thus, a single multifunction card, with the ability to have both its magnetic stripe data and appearance changed in accordance with a selected account, can substitute for many different cards.

Claims20

Dependent claims

Apparatus comprising:

a financial transaction card,
wherein the card enables a user thereof to carry out a financial transaction therewith,
wherein the card includes memory,
wherein the memory includes account data respectively corresponding to each of a plurality of financial accounts that each have a respective account image corresponding thereto,
wherein the card includes a changeable magnetic stripe,
wherein the magnetic stripe is magnetically changeable to individually include any respective account data corresponding to any one of the plurality of financial accounts,
wherein magnetic stripe account data is magnetically readable by a magnetic stripe reader during a financial transaction,
wherein the card includes changeable electronic ink,
wherein the electronic ink is operative to individually display any respective account image corresponding to any one of the plurality of financial accounts,
wherein the card enables both an account image displayed with the electronic ink and account data included in the magnetic stripe to simultaneously correspond to a same financial account for each respective financial account.

7 more elements

Apparatus comprising:

a financial transaction card,
wherein the card enables a user thereof to carry out a financial transaction therewith,
wherein the card includes a programmable memory,
wherein the memory includes data corresponding to a plurality of financial accounts, each account having respective account data and a respective account image corresponding thereto,
wherein the memory includes the account data corresponding to each respective account,
wherein the memory includes data corresponding to each respective account image,
wherein the card includes changeable electronic ink,
wherein the electronic ink is operative to selectively display each of the account images,
wherein the electronic ink is operative to selectively display an account image by overwriting a previously displayed account image,
wherein the card includes a changeable magnetic stripe,
wherein the magnetic stripe is adapted to include respective account data corresponding to each of the plurality of financial accounts,
wherein the account data is magnetically readable from the magnetic stripe by a magnetic stripe reader during a financial transaction,
wherein the card includes a processor,
wherein the processor is in operative connection with the memory,
wherein the processor is operative to correlate an account image with account data for the same account to enable a correlated account image to be displayed via the electronic ink while correlated account data is in the magnetic stripe,
wherein an account image correlated with account data for the same account is displayed via the electronic ink,
wherein account data correlated with the account image is in the magnetic stripe.

14 more elements

Dependencies are inferred from the claim text.

Facts

Application: 11/186,113Filed 20 Jul 2005 · us provisional application
Priority: 30 Jul 2004
Published: US 2005/0247797 A110 Nov 2005
Granted: 28 Nov 2006
Term ends: Not estimatedThe source records don’t support an estimate.

Classification13 codes

G06Q 20/325
Using wireless devices: using wireless networks
G06K 19/08
Characterised by the kind of the digital marking, e.g. shape, nature, code: using markings of different kinds or more than one marking of the same…
G06Q 20/18
Payment architectures: involving self-service terminals [SST], vending machines, kiosks or multimedia terminals
G06Q 20/322
Using wireless devices: aspects of commerce using mobile devices [M-devices]