AP1367A - Multiple magnetic stripe card. - Google Patents

Multiple magnetic stripe card. Download PDF

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Publication number
AP1367A
AP1367A AP200102141A AP200102141A AP1367A AP 1367 A AP1367 A AP 1367A AP 200102141 A AP200102141 A AP 200102141A AP 200102141 A AP200102141 A AP 200102141A AP 1367 A AP1367 A AP 1367A
Authority
AP
ARIPO
Prior art keywords
card
magnetic stripe
stripes
stripe card
card according
Prior art date
Application number
AP200102141A
Inventor
Michael John Arnold
Original Assignee
Firstrand Bank Ltd
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Priority to ZA200002454 priority Critical
Application filed by Firstrand Bank Ltd filed Critical Firstrand Bank Ltd
Application granted granted Critical
Publication of AP1367A publication Critical patent/AP1367A/en

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Abstract

A magnetic stripe card has at least two magnetically readable stripes, either on the same face or on opposite faces of the card. Each stripe is marked to indicate its function. One stripe is typically used for credi/debit purchases, and the other for fuel

Description

AF ν Ο 13 6 7 BACKGROUND OF THE INVENTION: *»»»«

This invention relates to a magnetic stripe card which is generally similar toconventional credit or debit cards. θ

Conventional credit, debit or petrol cards comprise a generally rectangular,planar substrate, usually of plastics material, on which is printed and/orembossed certain information identifying the card holder, the card issuer andthe card holder’s account number, and a magnetically readable strip or stripe,commonly referred to as a magnetic stripe or “mag-stripe", on which at leastsome of the printed/embossed information is duplicated.

In South Africa, credit cards are not accepted as a means of payment forpetrol, so that many credit card holders also have a separate petrol or garagecard. Many users also have a separate ATM card. In addition, debit cardshave become popular so that it is possible that a user may have severalmagnetic stripe cards.

It is an object of the invention to provide a multi-purpose card. ΑΡ Ο 1 3 6 7

SUMMARY OP THE INVENTION

According to the invention there is provided a magnetic stripe card comprising: a pianar substrate or stiff material; indicia identifying one or more of a card holder, a card issues and anaccount number; ana at least first and second magnetically readable stripes, the magneticallyreadable stripes containing data relating to respective first sen secondpayment and/or purchase functions.

The stripes may be located on opposite faces of the card, or on the sane face,adjacent opposed edges of the card.

The card may comprise a single sheet of stiff material carrying both snipes, ormay comprise first and second sheets bonded together, each sheet carrying arespective stripe.

The magnetically readable stripes may contain data relating, for example, tocombinations of any of the following functions: credit purchases, debitpurchases and fuel purchases, .

Preferably the card is marked with respective indicia corresponding to thefunction of each stripe.

The indicia will typically comprise printed or embossed data or symboim 'Tne indicia for the respective stripes may be oriented different',. · ouranother, for example, reversed try 180 degrees with respect to one -- ' n ΑΡ Ο Ο 13 6 7 -3-

At least one of the stripes may be distinguished from one or more other stripesby colour coding.

BRIEF DESCRIPTION OF THE DRAWINGS

Figure 1 is a plan view of a first embodiment of a purchase/payment cardθ according to the invention; and

Figure 2 is a plan view of a second embodiment of a card according tothe invention.

DESCRIPTION OF EMBODIMENTS

Credit cards, debit cards, ATM cards, garage cards and the like generallycomprise a rectangular, planar sheet of stiff plastics material and have a singlemagnetically readable strip or stripe (referred to herein as a “magnetic stripe”)adjacent to one edge which contains encoded information relating to theidentity of the card holder, account information of the card holder, usagelimitations (if any) and other information. Apart from the above examples, cardsof this general kind may be issued as retailer specific credit or debit card, asaccess control cards, or as identification cards used in the accumulation ofloyalty points, for example.

For a number of reasons, including the existence of certain legislation and thecredit policies of financial institutions, different cards are issued for differentpurposes and with different processing instructions, often resulting in a cardholder being required to carry more than one card to purchase goods on credit AF/P/ 0 1/02141 ΑΡ Ο Ο 13 6 7 -4- st a retailer, to purchase petrol or other fuel, or to withdraw cash at an ATM(Automatic Teller Machine) for example.

In order to reduce the number of cards required by an average user, magneticstripe cards according to the invention are provided with two or more magneticstripes on one card. Each magnetic stripe contains data relating to differentpayment and/or purchase functions, allowing the card holder to select his orher means of payment according to circumstances, according to nm or her ; } financial situation, or as legislative requirements dictate.

As shown in Figure 1, showing the front and back of a card 10, a first magneticstripe 12 is located on the front surface 14 of the card, and a similar magneticstripe 16 is located on the rear surface 18 of the card. The respectivemagnetic stripes 12 and 16 are spaced the same distance from the edge of thecard, so that either stripe can be read by a magnetic card reader depending onthe orientation of the card when it is passed through the reader.

Figure 2 shows an alternative card 20 which has first and second magneticstripes 22 and 24 on the same face 26 of the card, at the same distance fromrespective upper and lower edges of the card so that rotation ci the card O through 180 degrees in the plane of the card will present one or the· other of the stripes to a card reader

In the case of the card of Figure 1, the magnetic stripes 12 and 16 can beformed on a single sheet of plastics material, or the card 10 may comprise twosheets of material bonded together back to back to create a corr> · ' - card,which may facilitate printing and/or embossing of the card. in either case, the cards will cany printing, embossing and branding indicia onthe front and/or the back of the card in accordance with the requirements of therelevant card issuer and any relevant standards or legislation, i > ntinn AP/P/ 0 1/02141 AP G Ο 13 6 7 -5- and/or embossing of the card will correspond to the functions assigned to therespective magnetic stripes, so that the card could be used, for example, for: credit card and petrol purchases;debit card and petrol purchases;credit card and debit card;debit card 1 and debit card 2.

Conventionally, magnetic stripe payment cards are used by “swiping” the cardthrough or past a magnetic stripe reader on a transaction terminal or otherdevice, or the device will transport the card to a reader head and move or holdthe card against the reader head for validation, verification and authorisation ofthe relevant transaction.

Devices of this kind can only read one magnetic stripe at a time. Thus, thecard holder will be able to choose which purchase/payment function should beused in a particular transaction, and then present the card orientedaccordingly. This process is assisted by markings or instructions on the cardto ensure that the correct magnetic stripe is presented to the reading deviceand thus the correct details are read from the card

Each magnetic stripe will contain data relevant to specific functions required,as indicated above. The printing or embossing of the plastics substrate willtypically contain a specific card number, expiry date information, a “Visa”symbol and the cardholder name, all according to the Visa rules of cardproduction.

For example, the first magnetic stripe could correspond to the credit card ordebit card primary details (relevant to the primary card account) tied in with theprinted or embossed details on the card. The second magnetic stripe couldreflect an alternative function or account (for example being used for petrol AP/P/ 0 1/02141 ΑΡ Ο Ο 13 67 - 6 - purchases), in the latter Instance the art work and card design could indicatethe relevant differences using a “petrol pump” symbol or other relevantmarkings. The second magnetic stripe could also be differentiated throughcoioir coding, and the various markings for the different stripes could beoriented differently (for example upside down or reversed by i.-gree>relative to one another) to avoid confusion.

Where legislation requires It, use of the Bank identification Number (BIN) will ) determine which function is permitted for various purposes. This will also assist the card holder and/or operator in the process of using the .;· OnlyBIN’s relevant to specific devices will be loaded. For example, in the case o’"fuel purchases, only the relevant local petrol card BIN will be loaded to theforecourt device, and not both functional BIN’s. Similarly, the credit card ordebit card BIN’s will be loaded to devices such as ATM’s etc. ; . , ,l m excluded on forecourt devices. In the case of an incorrect magnetic stripebeing used at any of the devices, the transaction will return unconfirmed andincomplete.

Lise of cards of the invention in a non-electronic device such as o wlp-zap’machine is made possible by the location of the embossing (rais- *« nr j I on the card, in much the same way as is presently the case. The embossing has to be located so that it can be “read” by the machine and therefore theembossing has to be placed in a particular way on the card, in terms of Visarules the “zip zap” devices are pre-configured to transfer the embossed carddetails onto appropriate standard stationery, adequate for validating andcompleting relevant transactions Thus, the embossing will prefer»’ , nplywith existing Visa and Mastercard requirements.

If can be noted that although two different embodiments have been i weed,each with two magnetic stripes, the embodiments could be c to toproduce a card with three or four stripes. AP/P/ 0 1/02141

Claims (10)

  1. APG Ο 13 6 7 -7- CLA1MS
    1. A magnetic stripe card comprising: a planar substrate of stiff material; indicia identifying one or more of a card holder, a card issuerand an account number; and at least first and second magnetically readable stripes, themagnetically readable stripes containing data relating torespective first and second payment and/or purchase functions.
  2. 2. A magnetic stripe card according to claim 1 wherein the stripes arelocated on opposite faces of the card.
  3. 3. A magnetic stripe card according to claim 1 wherein the stripes arelocated on the same face, adjacent opposed edges of the card.
  4. 4. A magnetic stripe card according to claim 2 wherein the card comprisesa single sheet of stiff material carrying both stripes.
  5. 5. A magnetic stripe card according to claim 2 wherein the card comprisesfirst and second sheets bonded together, each sheet carrying arespective stripe.
  6. 6. A magnetic stripe card according to any one of claims 1 to 5 whereinthe magnetically readable stripes contain data relating to combinationsof any of the following functions: credit purchases, debit purchases andfuel purchases. AF/P/ 0 1/02141 APC01367 -8-
  7. 7. A magnetic stripe card according to any one of claims 1 tc 6 whereinthe card is marked with respective indicia corresponding to the 'unctionof each stripe. 8 A magnetic stripe card according to claim 7 wherein the indiciacomprise printed or embossed data or symbols. & A magnetic stripe card according to claim 8 wherein the ir w ,·' r tne1 respective stripes are oriented differently from one another.
  8. 10. A magnetic stripe card according to claim 9 wherein the it,. or therespective stripes are reversed by 180 degrees with respect to one another.
  9. 11. A magnetic stripe card according to any one of claims 7 to r.eif.mat least one of the stripes is distinguished from one or , οηκstripes by colour coding.
  10. 12. A magneWstripe card substantially as herein described/with referenceto Figure 1 or Figure 2 of the accompanying drawings. 15 AP/P/ 0 1/02141
AP200102141A 2000-05-18 2001-05-15 Multiple magnetic stripe card. AP1367A (en)

Priority Applications (1)

Application Number Priority Date Filing Date Title
ZA200002454 2000-05-18

Publications (1)

Publication Number Publication Date
AP1367A true AP1367A (en) 2005-01-14

Family

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Family Applications (1)

Application Number Title Priority Date Filing Date
AP200102141A AP1367A (en) 2000-05-18 2001-05-15 Multiple magnetic stripe card.

Country Status (1)

Country Link
AP (1) AP1367A (en)

Citations (3)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US4701601A (en) * 1985-04-26 1987-10-20 Visa International Service Association Transaction card with magnetic stripe emulator
US6402029B1 (en) * 1998-05-29 2002-06-11 E-Micro Corporation Method and apparatus for combining data for multiple magnetic stripe cards or other sources
US20020139849A1 (en) * 2000-09-18 2002-10-03 Gangi Frank J. Method and apparatus for associating identification and personal data for multiple magnetic stripe cards or other sources

Patent Citations (3)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US4701601A (en) * 1985-04-26 1987-10-20 Visa International Service Association Transaction card with magnetic stripe emulator
US6402029B1 (en) * 1998-05-29 2002-06-11 E-Micro Corporation Method and apparatus for combining data for multiple magnetic stripe cards or other sources
US20020139849A1 (en) * 2000-09-18 2002-10-03 Gangi Frank J. Method and apparatus for associating identification and personal data for multiple magnetic stripe cards or other sources

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