Abstract: The system and method of the present invention enables consumers to purchase goods and services from merchants, using credit cards, wherein the consumers can maintain the confidentiality of their credit card numbers and identity without disclosure to the merchants, so that an anonymous credit transaction can take place. The system and method takes blocks of consumer credit card numbers and creates dynamic mappings of the card numbers to account numbers or even other card numbers, such as pseudo-random credit card numbers. The system and method of the present invention generates pseudo-random credit cart attributes, which are presented to merchants at the time or purchase for Internet, telephone, or mail order purchases. Because pseudo-random attributes are transmitted to the merchant, the transaction between the consumer and merchant will be anonymous. Pseudo-random attributes include the card number, name, billing zip code, expiration date, and purchase amount, each of which can be used singularly or in combination to authenticate a transaction according to consumer preferences, which are captured when the consumer establishes the agent relationship with system of the present invention.

Abstract: A system for increasing transaction security across existing infrastructure is provided. A user bio-metric sensor device (218) is integrated into a credit or debit card (210). A display unit (220) provides a key, preferably encrypted, upon successful utilization of the sensor device. Included in the key generation mechanism is an indicator of the transaction number or other sequential count indicative of card use. An authorization service decrypts the key in a manner at least partially dependent upon a second sequential count maintained in sync with the first count to determine whether the use is autorized. A separate reader may be similarly configured to read existing smart cards utilizing the process of the present invention.

Abstract: An information management system for operation in a proprietary environment implementing a multi-purpose card held by a designated individual. The information management system includes a multi-purpose card, at least one data input device (26, 28, 30, 32), at least one database (38, 40, 42), a host (36), and a transaction processor (44). The card is coded to identify the rightful cardholder and to identify the services the card holder is entitled to receive. The at least one data input device (26, 28, 30, 32) receives transactional information from the merchant/service-provider and the card. The database (38, 40, 42) records transactional information and verifies transactional information. The host (36) includes the at least one database (38, 40, 42) for processing transactional information. The debit transaction processor (44) authorizes ACH or debit transactions occuring within the proprietary environment. The ACH or debit transaction processor (44) then communicates with the host (36) and at least one financial institution (52, 54, 56, 58) through a network (46, 48, 50).

Abstract: A novel “bridge” device and accompanying methodology which link the world of the smart cards to that of the magnetic finance cards is described This “bridge” device is called the “Magnetic Stripe Bridge” or MSB The main function of the MSB is to interface an ordinary or “naked” smart card with just the smart chip embedded in it to a magnetic card reader for credit transaction without altering the existing card processing infrastructure As such any smart card is effectively transformed via the use of the MSB into an ordinary magnetic finance card and admissible for use by any conventional magnetic card reader Through the MSB and the accompanying methodology, the secure smart cards can now be deployed everywhere, both on and off the Internet, thus significantly reducing the current rampant magnetic finance card frauds and identity thefts

Abstract: Dynamic payment cards and related dynamic payment card management systems and associated methods are disclosed that allow for the efficient management of corporate purchasing needs. The dynamic payment cards can be traditional payment cards with card control settings that are dynamically managed. In addition, a dynamic card management system can automatically interface with card processor systems to dynamically modify these card control settings, and a purchasing management system or other request and approval workflow engine can provide an interface between a company and the dynamic card management system. More generally, an advantageous solution for purchasing management is disclosed that utilizes dynamically or actively managed approval parameters to help control transaction authorization determinations associated with purchasing mechanisms. These dynamic approval parameters can be generated and/or managed through the application of configurable company purchasing policies and rules, and these dynamic approval parameters can be stored, for example, by a processing system that makes authorization determinations when transactions are initiated using the purchasing mechanisms.

Abstract: Methods and systems consistent with the present invention provide a simple and easy-to-use system to make electronic payments on the Web. Specifically, methods and systems consistent with the present invention provide anonymity, security and accountability. To do so, pre-paid stored value card ('cash card') including a card identification number for a predetermined amount of money may be purchased at a point of sale. The ensure security, Personal Security Codes are established for a user at a server. To use the cash cards, a user may visit a Web merchant, select an item to purchase, and enter the card identification number and the Personal Security Code to transmit for confirmation to the server. The server subtracts the cost of the item from the predetermined amount on the cash card.

Abstract: The present invention describes a docking module for a cellular telephone which allows the cellular telephone and docking module to function as a secure point-of-sale system to accept payment via credit card, debit card, ATM card, stored value (Gift) card, phone card, as either magnetic swipe cards or IC cards, for sales or service transactions, as well as activate or recharge phone cards, activate or recharge stored value (Gift) cards, and activate or recharge IC cards. The secure point-of-sale system will also perform check validation sequences that will allow checks to be safely accepted for sales and service transactions. The docking module includes a docking module control assembly with a microprocessor that controls a magnetic credit card reader, an IC card reader/writer, a thermal docket printer, a multifunction security access module (SAM) and battery. The docking module control assembly mates with an existing cellular telephone and battery, and allows the cellular telephone and docking module combination to become a fully functional mobile secure point-of-sale system. The docking module control assembly, when activated, will cause the cellular telephone to dial a registration computer for approval utilizing the local cellular network and countrywide public switching telecommunications network (PSTN). The registration computer will validate the transaction with the appropriate bank or card issuing body, and a response will be sent via the return path advising whether the transaction has been accepted or denied. The resultant mobile secure point-of-sale system will now meet the security requirements of banks and financial institutions worldwide. By disconnecting the cellular telephone from the docking module, the cellular telephone reverts to its normal functions.

Abstract: This invention relates to the method and apparatus for conducting secure credit card transaction and providing personal identification on the Internet. It is specifically characterized by a plastic body in regular credit card dimension implanted with a complete microcomputer system and an associated authentication server, implementing dynamic digital certificate authentication technology in order to prevent personal privacy from being breached in e-commerce transactions.

Abstract: A cash-equivalent card-based purchasing system and its method of operation, in which an information processing computer has a plurality of records stored in an associated storage device, each record including a unique cash-equivalent card number linked to a card value. A cash-equivalent card is provided to a user, the cash-equivalent card having encoded thereon one of the cash-equivalent card numbers stored in the storage device, the cash-equivalent card provided in exchange for consideration equivalent to at least the value linked to the cash-equivalent card number encoded thereon. Neither the cash-equivalent card nor the storage device has any information regarding the identity of the user.

Abstract: A system and methods of validating the identity of payment card users and authorizing payment card transactions is provided. The methods of validating the identity of payment card users and authorizing payment card transactions include receiving information from payment card users to identify and validate their status as authorized payment card users. Receiving information from payment card users includes receiving information via mobile telephone, wherein payment card users provide such identifying information as a mobile telephone number, a personal identification number, an account number and or a vocal password by a mobile telephone to validate their status as authorized payment cart users. Upon verification of the identifying information and an authorization status of payment card users, payment card transactions are approved. The system comprises a central manager including a database to record and store information identifying a plurality of payment cardholders and authorized payment card users. The central manager is coupled to a Short Message Service module to forward text messages to payment cardholders via mobile telephone, and further coupled to a Voice Recognition module and Interactive voice recognition to provide voice communication between the central manager and payment cardholders and payment card users via mobile telephone.

Abstract: A method is provided for conducting a transaction over a computer network (such as the Internet) where the remote wallet server conducts a transaction with a merchant computer in a format substantially compliant with a chip card electronic commerce protocol or specification, regardless of whether or not the payment card of the consumer involved in the transaction is a chip card.

Abstract: Method and system for issuing and using anonymous and pseudonymous prepaid payment cards through the existing credit card and debit card infrastructure.

Abstract: A system and method of dynamically issuing credit card numbers and processing transactions using those credit card numbers is disclosed. A method according to the invention includes digitally recognizing a transaction opportunity on the Internet in real-time, recognizing the terms of the transaction, linking a dynamic digital credit card issuing apparatus directly into a qualified credit card issuing host, generating a partially random digital credit card number, logging the transaction, checking the terms of the transaction for acceptance, passing the dynamically issued digital credit card number to the merchant, processing the digital credit card number through the merchant's card processing system, receiving the transaction approval request, participating in credit card validity checking systems, processing the approval request in real-time, sending the requesting party a legitimate authorization code, and retiring the digital credit card number immediately upon transaction approval or disapproval. A system according to the invention implements the method of the invention.

Abstract: The transaction card and method are used for securing a transaction conducted by mean of a credit card, a debit card, a security card or any other card including information to be read by a magnetic card reader. The card is provided with a counter which increments by 1 or any other number each time the card is activated. This counter value is used with a key string in a cryptographic algorithm to produce a signature. The resulting data stream is then transmitted to a computer. The computer may be one of the servers of a bank, a credit card provider, a security department, etc. Once the data stream is received, the computer finds the record of the card or cardholder using the identification number or any other number, then determines with the signature if the transaction is legitimate or not. The counter value is also verified. Accordingly, if the counter value of the current transaction is below or equal to that of the last transaction, this means that someone is trying to use the same data stream twice or an expired data stream. Any suspect transaction would be denied and the standard protocol in case of the detection of a fraud initiated.

Abstract: The present invention relates to a system that is scalable and configurable to include vending equipment audit capabilities, a card reader assembly having a card reader processor interface board for accepting card identification data as payment for items vended, an interactive interface and protocol for interconnecting the system to a computing platform, and support for a plurality of communication options that include wired, point-to-point wireless, and wireless WAN solutions. In addition, the present invention also relates to a system and method of effectuating a payment device for accepting card ID data, authorizing the validity of the card ID data, facilitating a vending transaction, settling the transaction to effect payment for the vended goods and services, gathering DEX and MDB audit data from the vending equipment, and data communicating with a plurality of remote locations.

Abstract: An optical payment transceiver and an optical settlement system using the same uses a personal portable terminal incorporated with an optical transceiver as a card substitute payment unit for settlement Here, card information is incorporated in a personal portable terminal incorporated with an optical transceiver such as a portable phone or a PDA and the optical transceiver is connected to a card inquiry machine to thereby optically transmit and receive card information The card inquiry machine recognizes the received card information in the same manner as that of the card reader reading a magnetic card, and transmits the card information to a VAN company server or a card company server, to then request for an approval and settle transactions The present invention is applied to most fields where financial transactions are performed as in a general commerce, a toll gate fee or tunnel passage fee collection system, a subway or bus fare levying system, a gas station, a department store, a drive-thru ordering system, a vending machine, and a fee payment system of kiosks Also, the present invention can be applied to an entrance/exit security system requiring personal identification Thus, the present invention can use a portable terminal as a payment unit without carrying a cash or cards, to thereby provide an effect of performing a safer and more reliable credit transaction

Abstract: A process for facilitating payment card transactions from an underlying virtual account that exists as a data entity within a trust account, wherein cardholders are able to purchase goods and services from a merchant. The cardholder may execute a transaction at any venue which presently accepts a debit card for payment. The funds of the trust account need not be linked to a checking account or credit account, wherein the liability of the cardholder, card issuer, and merchant can be reduced. Preferably, the virtual account is initially established when the card is issued and activated, and can be depleted through one or more transactions for which the card is used as the means of payment, or monetary transfer, and may be recharged from time-to-time by depositing additional funds into the virtual cardholder account or crediting the balance of the virtual account as the result of a merchant refund, adjustment, or transfer form another cardholder.

Abstract: A method and a system for enabling secure authentication of a user in a computerized card access transaction. A card, identified by an identification number is issued to the user, containing software for generating a surrogate number referred to as a Cybercoupon for use in place of the regular card number. Online intrusion is avoided and the system is rendered portable for use on any computer equipped with a compatible operating system, by avoiding storage of any part of the system on the user's computer, placing the entire system instead on the card itself. The card contains advertising which appears on the user's computer screen. The card is protected by a password. If an incorrect password is entered more than a preset number of times, an “alert” Cybercoupon is generated containing a code advising the card issuer that an irregular attempt has been made to access the card.

Abstract: A secure transaction method and system is disclosed to allow for goods or services to be paid for using a limited use credit card number. A limited use credit card number is generated by a customer using a number generating device. The number and user identification information is sent to a validation apparatus to validate the generated number against the user identification information. If the validation process is successful, the limited use credit card number is stored to be used for later transaction authorisation. The successfully validated limited use credit card number is then used in a transaction authorisation process to obtain authorisation for a transaction. The validation apparatus receives a limited use credit card number in a request to authorise the transaction, compares the received number with stored numbers, and authorises the transaction in dependence upon the outcome of the comparison.

Abstract: A system using magnetic stripe encoded swipe cards containing Internet address data and further data and whose address data strings are obfuscated. An account card data de-obfuscation sequence in accordance with embodiments of the present invention. The account card data is read from the magnetic stripe and decoded (601) to enable the swipe card reader to parse the data string. The first operation would identify the card as being account card data from the information contained in the data code identifier (602), then the next section would be the unique card specific instruction code (603) then the level of security required to send the data encoded on the swipe card over the Internet (604) followed by the account number (605) then the account holders name (606) followed by any additional data on the card holder (607) the next section would instruct the reader to hold back data until the server a connection to the server were established and the enter a PIN or other validation method when requested by the server (608) this section could be for any additional data relevant to the card (609) then an end sentinel to tell the card nor further data (610) then the data correction parity check to make sure all the data was read correctly from the swipe card by the swipe card reader (611). The card data would then be encrypted by the swipe card reader prior to transmitting it at the security level indicated on the card, the data may also be hidden by use of steganography techniques in a multimedia file.

Abstract: A method and apparatus for protecting against the unauthorized use of a credit card called CardSafe™ allows the credit card holder to finally approve any credit card transaction. When a credit card is used at a remote merchant's terminal, the credit card company is notified of the transaction amount and the credit card account number. The named card holder is concurrently notified of the transaction by a wireless device, such as a telephone call, pager notification, or the like. Upon notification, the card holder can approve or disapprove of the credit card transaction. Unless approved or denied by the credit card holder, the transaction remains uncompleted. The approval or disapproval by the credit card holder can be accomplished in real time or on a pre-selected basis. An unauthorized person would not be able to complete a transaction The credit card owner can also deactivate the CardSafe™ system.

Abstract: The present invention a proxy process and system for emulating card-present credit card transactions in credit card transactions occurring over a computer network. The process involves collecting credit card information and identification information from the cardholder (102) and presenting that information to an identifier (110). Once the cardholder has been identified by the identifier, an authentication server (104) generates a code and transmits the code to the cardholder to 'set up' the credit card. The cardholder possessing both the credit card information and the code then sends that information and code from the cardholder's PC to the authentication server (104), which compares the credit card information and code to the credit card information and code stored from the credit card set up and if they match, a secure pay digital certificate is issued to the cardholder's computer. The certificate identifies the cardholder's computer as belonging to the person authorised to enter into purchase transactions using the specified credit card.

Abstract: A credit card system and method for configuring a vehicle specific to a user and for transacting financial transactions, the system comprising a User Preference and Information Database containing information specific to said user for configuring a specific vehicle, a credit card capable of storing financial transaction information and information to access said User Preference Database, a credit card data receptacle located in said vehicle, a global communication network, a User Transaction History Database containing information about said user's prior transactions, a display monitor located in said vehicle, and a point of sale where said credit card is used for a financial transaction.

Abstract: A personal trusted device, such as a mobile phone, receives by default or conditionally an automatic notification when the user's credit card or its number is being used for a commercial transaction. The user can then instantly determine whether or not to instruct the credit card company to inactivate the card.

Abstract: A system and method for providing a multiple-service card is disclosed. As a result, a card member (108) is provided with a single card that serves as both a credit card and a club membership card for access to the service partner's exclusive club. This multiple-service card may have the traditional credit card data on one side of the card, including, for example, the account number, name of the account holder, and the expiration date. The other side of the card may include a magnetic stripe that contains the account information in machine readable form as well as membership information suitable to permit entry into a service partner's facility. In the system, the primary party and the service partner participants cooperate to complete the processes associated with the provision of the combined card services, including a new account process, card replacement and renewal processes, a service partner membership cancellation process, and a process for cancellation and/or transfer by a primary party.

Abstract: A card verification system in which a card identification code is registered. A read unit reads the card identification code from the card. A verification apparatus verifies the card only when an existing place of the read unit belongs to an area corresponding to the card identification code. The card is a card used for settlement, and is used when the card identification code is read by the read unit. The use place of the card is coincident with the existing place of the read unit. By adding the use place of the card to a verification condition of the card, unjust use of the card can be prevented.

Abstract: These and other objects of the invention are accomplished by providing a fingerprint identification credit/debit card system where a bitmap generated from a scan of the user's finger, in combination with a user selected and changeable PIN, is the only data associated with the card. The bitmap, or an electronic representation thereof, is stored on the credit/debit card, as well as in the card issuer computer system. The PIN is stored only on the card issuer computer system. When the user presents the card to a merchant or service provider, the bitmap stored on the card is input using an appropriate input device which may be a magnetic card reader, a scanner, or a device capable of receiving data from an electronic chip, and transmitted to the card issuer computer system for verification and authorization. The user manually inputs the PIN using an associated keypad. If the comparison of the bitmap and PIN presented by the user generates a match with that stored in the card issuer computer, then the user presenting the card is given authorization to use the card for a transaction.

Abstract: A financial transmission method utilizes smart cards with radiofrequency communication between the central station and the card so that the smart card is periodically or continuously updated as to account details which can be readily seen by a display on the card. The card, which otherwise has all of the size and dimensions and shape and embossability of a conventional credit card, debit card or ATM card also has the usual magnetic stripe-bearing information as to the card and the account to be debited or modified.

Abstract: A simple payment system and method for merchandise purchased by a mobile telephone terminal, in which an on-line shopping is executed without executing the complex operation of a PC and a payment for the purchased merchandise is simplified, is provided. When a mobile telephone terminal made access to a Web site for the on-line shopping, merchandise information is displayed on a displaying section of the mobile telephone terminal. When a user chose desiring merchandise based on the merchandise information displayed on the displaying section, a message, which instructs the user to insert a prepaid card or a debit card into a slot of the card reader and to input a password of the user to the mobile telephone terminal, is displayed on the displaying section. When the user inserted the prepaid card or the debit card and inputted the password, the information of the card and the password is transmitted to the server. The server confirms the information and authenticates the information. When the information was authenticated, the merchandise is delivered to the address registered beforehand from a delivery center by an instruction from the server. At the same time, the server subtracts the amount of the merchandise from the prepaid card or the bank account of the debit card.