Method for conducting a transaction between a magnetic stripe reader and an electronic card
US8302871B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Apr 16, 2012 |
| Grant date | Nov 6, 2012 |
| Priority date | — |
| Expiry date | Apr 16, 2032 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06K19/07722
- WIPO fieldComputer technology
- WIPO sectorElectrical engineering
Abstract
A method for communicating with a magnetic stripe reader in which an electronic apparatus is activated from an off state to a reduced power mode, a magnetic stripe reader is detected, then the apparatus is activated from the reduced power mode to a full power mode and it broadcasts a signal that contains a transaction specific data packet that is read by the magnetic read head. The signal is a time varying and spatial varying magnetic field that is interpreted by the magnetic read head as originating from a standard magnetic stripe and it is generated by a magnetic stripe broadcaster comprised of a track 1 flex encoder that transmits data that is read by a track 1 read head of the magnetic read head and a track 2 magnetic flex encoder that transmits data that is read by a track 2 read head of the magnetic read head.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.