Credit cards system and method having additional features
US8676707B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Jul 30, 2008 |
| Grant date | Mar 18, 2014 |
| Priority date | — |
| Expiry date | Jul 30, 2028 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG07F19/2055
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A credit card system is provided which has the added feature of providing additional limited use credit card numbers and/or cards. These numbers and/or cards can be used for a single or limited use transaction, thereby reducing the potential for fraudulent reuse of these numbers and/or cards. The credit card system finds application to “card remote” transactions such as by phone or Internet. Additionally, when a single use or limited use credit card is used for “card present” transactions, so called “skimming” fraud is eliminated. Various other features enhance the credit card system, which will allow secure trade without the use of elaborate encryption techniques. Methods for limiting, distributing and using a limited use card number, controlling the validity of a limited use credit card number, conducting a limited use credit card number transaction and providing remote access devices for accessing a limited use credit card number are also provided.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.