Patent · US Active

Conducting a transaction with an electronic card

US8480002B2 · kind B2 · utility

25Cited by
147References
20Claims
0Family size

Inventors

Key dates

Filing dateApr 16, 2012
Grant dateJul 9, 2013
Priority date
Expiry dateApr 16, 2032

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06K19/07722
  • WIPO fieldComputer technology
  • WIPO sectorElectrical engineering

Abstract

An apparatus and process for conducting a transaction with an electronic card that dynamically generates transaction specific data determines whether the transaction is being conducted with a smart card reader or with a magnetic stripe reader. A smart card reader mode is activated if the transaction is being conducted with a smart card reader; a magnetic stripe reader mode is activated if the transaction is being conducted with a magnetic stripe reader. The electronic card is activated from a reduced power mode to a full power mode after either the smart card reader mode or the magnetic stripe reader mode is activated and the dynamic field of data is not generated until the full power mode is activated.

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