Patent · US Active

Systems and methods of payment account activation

US7885878B2 · kind B2 · utility

3Cited by
109References
17Claims
0Family size

Assignee

Inventor

Key dates

Filing dateMay 28, 2008
Grant dateFeb 8, 2011
Priority date
Expiry dateAug 8, 2028

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG07F7/02
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

Systems and methods are provided for activating a payment account. The payment account is associated with two identifiers. A payment instrument is provided as having the two identifiers. A first identifier is read at a first point of sale device to activate the payment account. A second identifier is read by a radio frequency identification reader at a second point of sale device to access funds in the payment account. The first point of sale device may not be capable of reading the second identifier.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.