Patent · US Active

Systems and methods for financial transaction through miniaturized card with ASIC

US9016572B2 · kind B2 · utility

39Cited by
90References
23Claims
0Family size

Assignee

Inventors

Key dates

Filing dateJan 21, 2011
Grant dateApr 28, 2015
Priority date
Expiry dateJan 21, 2031

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q40/02
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A card reader device is provided with a housing having a slot for swiping a magnetic stripe of a card to complete a financial transaction between a buyer and seller. A read head is in the housing reads data stored on the magnetic stripe and produces a signal indicative of data stored on the magnetic stripe. An output jack is adapted to be inserted into a microphone input associated with a mobile device for provides the signal indicative of data stored on the magnetic stripe to the mobile device. A sourcing power device couples to an audio jack of the mobile device and sources power from the mobile device through the audio jack.

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