GB2456000A - Subdividing the total amount in money cards - Google Patents

Subdividing the total amount in money cards Download PDF

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Publication number
GB2456000A
GB2456000A GB0725322A GB0725322A GB2456000A GB 2456000 A GB2456000 A GB 2456000A GB 0725322 A GB0725322 A GB 0725322A GB 0725322 A GB0725322 A GB 0725322A GB 2456000 A GB2456000 A GB 2456000A
Authority
GB
United Kingdom
Prior art keywords
subdivisions
money
cards
total amount
card
Prior art date
Legal status (The legal status 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 status listed.)
Withdrawn
Application number
GB0725322A
Other versions
GB0725322D0 (en
Inventor
Daniel Da Costa Alexandre
Current Assignee (The listed assignees may be inaccurate. Google has not performed a legal analysis and makes no representation or warranty as to the accuracy of the list.)
Individual
Original Assignee
Individual
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
Application filed by Individual filed Critical Individual
Priority to GB0725322A priority Critical patent/GB2456000A/en
Publication of GB0725322D0 publication Critical patent/GB0725322D0/en
Publication of GB2456000A publication Critical patent/GB2456000A/en
Withdrawn legal-status Critical Current

Links

Classifications

    • G—PHYSICS
    • G07—CHECKING-DEVICES
    • G07F—COIN-FREED OR LIKE APPARATUS
    • G07F7/00—Mechanisms actuated by objects other than coins to free or to actuate vending, hiring, coin or paper currency dispensing or refunding apparatus
    • G07F7/08—Mechanisms actuated by objects other than coins to free or to actuate vending, hiring, coin or paper currency dispensing or refunding apparatus by coded identity card or credit card or other personal identification means
    • G07F7/0866—Mechanisms actuated by objects other than coins to free or to actuate vending, hiring, coin or paper currency dispensing or refunding apparatus by coded identity card or credit card or other personal identification means by active credit-cards adapted therefor
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/30—Payment architectures, schemes or protocols characterised by the use of specific devices or networks
    • G06Q20/34—Payment architectures, schemes or protocols characterised by the use of specific devices or networks using cards, e.g. integrated circuit [IC] cards or magnetic cards
    • G06Q20/357—Cards having a plurality of specified features
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/30—Payment architectures, schemes or protocols characterised by the use of specific devices or networks
    • G06Q20/34—Payment architectures, schemes or protocols characterised by the use of specific devices or networks using cards, e.g. integrated circuit [IC] cards or magnetic cards
    • G06Q20/357—Cards having a plurality of specified features
    • G06Q20/3572—Multiple accounts on card
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/30—Payment architectures, schemes or protocols characterised by the use of specific devices or networks
    • G06Q20/36—Payment architectures, schemes or protocols characterised by the use of specific devices or networks using electronic wallets or electronic money safes
    • G06Q20/363—Payment architectures, schemes or protocols characterised by the use of specific devices or networks using electronic wallets or electronic money safes with the personal data of a user

Landscapes

  • Engineering & Computer Science (AREA)
  • Business, Economics & Management (AREA)
  • Physics & Mathematics (AREA)
  • Accounting & Taxation (AREA)
  • General Physics & Mathematics (AREA)
  • Computer Networks & Wireless Communication (AREA)
  • Strategic Management (AREA)
  • General Business, Economics & Management (AREA)
  • Theoretical Computer Science (AREA)
  • Microelectronics & Electronic Packaging (AREA)
  • Finance (AREA)
  • Credit Cards Or The Like (AREA)
  • Financial Or Insurance-Related Operations Such As Payment And Settlement (AREA)

Abstract

A monetary system for use with money cards, such as credit, debit and prepaid gift and shop cards, involves subdividing a total amount associated with a card into one or more sets of fixed amounts. These fixed amounts may have integer or fractional values and each transaction must use one or more of these fixed subdivisions. The owner of a card may set the amounts of the subdivisions to personalize the card.

Description

This paper concerns the intelectual propriety and patent ownership of specific improvements to a consumable product that as of nowadays we know very well from our daily experience dealing with money: namely, all cards that in one way or another are used as a way to pay or to exchange data for the purpose of drawing, requesting or sending money, that is credit cards (that usualy have gains over with the time of its uses in the payment processes), debit cards (that usualy build uppon the money you have at a certain point in time) and prepaid, shop and gift cards (that can be free from ID or bank account, are ready to use as long as you still have money on it to spend).
These cards can be both physical cards made up of a material like plastic and with a manufacture process that deals with the protection and interchange of its data and the data related to its owner, or on the other hand just virtual cards made urn of an Id number or any other kind of ID signature for that matter.
For the purpose of simplification of this paper, I will now call all of the above mention products: money cards.
My improvement to money cards and to the money system is to allow within the process of how the cards are made to work to be able to designate over to total amount usable for that card a large number of possible subdivisions of that total. So suppose you have a money card that would allow you to use 1000 USD under the conditions in cause.
Then it would be possible either for the owner or within some other more arbitrary schemma to define a set of subdivisions of that total amount. Say, a set of subdivisitions of 111,11111 USD plus a set of subdivisions of 322,2334444 USD and another set of subdivisions of 333,222333 USD. So the system could automatically decide how many tokens/subdivisions could possibly have ready to be used, with simple and efficient mathematical algorythms very easy to design. That suodivisions or tokens of the total amount disposable were the only way you could use that card till it was defined to have other set of subdivisions. So once defined that the card could only be used or to pay in certain discrete amounts of money it would be so till a new definition was set.
The digital subdivisions could be made such that there could be no viable way of making exchange to what you really wanted to pay, and in that way give specific advantages of protection of that kind of things you want to buy and that the way the change would have to be made in order to pay you back for the difference between the nearest amount of subdivisions and the price. Also as the subdivisions as could be both integers or fractional numbers with a sufficient large of decimals could then have certains patterns to allow to buy or use your card in some things and not in others. And so, despite making the money system likely to become more complex, in the sense that prices would be sensible to a large extent of decimals and that they would be sensible to the subdivisions of your choice or of any other schemma regarding that subdivisions, it could make the money cards more reliable and protected to all kinds of theft cause they would be much more personal, as much personal as the music you love despite all the musics that annoy you, for instance.
All money cards that start or continue using this subdivisions system as a way to deal with this products we have been using for a long time, should for that matter pay some designated amount to the ownership of this patent

Claims (1)

  1. C.ims: Despite making the money system likely to become more complex, in the sense that prices would be sensible to a large extent of decimals and that they would be sensible to the subdivisions of your choice or of any other schemma regarding that subdivisions, it could make the money cards more reliable and protected to all kinds of theft cause they would be much more personal, as much personal as the music you love despite all the musics that annoy you, for instance.
    As far as I know never a monetary system as been used or described in these terms.
GB0725322A 2007-12-31 2007-12-31 Subdividing the total amount in money cards Withdrawn GB2456000A (en)

Priority Applications (1)

Application Number Priority Date Filing Date Title
GB0725322A GB2456000A (en) 2007-12-31 2007-12-31 Subdividing the total amount in money cards

Applications Claiming Priority (1)

Application Number Priority Date Filing Date Title
GB0725322A GB2456000A (en) 2007-12-31 2007-12-31 Subdividing the total amount in money cards

Publications (2)

Publication Number Publication Date
GB0725322D0 GB0725322D0 (en) 2008-02-06
GB2456000A true GB2456000A (en) 2009-07-01

Family

ID=39092457

Family Applications (1)

Application Number Title Priority Date Filing Date
GB0725322A Withdrawn GB2456000A (en) 2007-12-31 2007-12-31 Subdividing the total amount in money cards

Country Status (1)

Country Link
GB (1) GB2456000A (en)

Citations (4)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US4256955A (en) * 1977-03-31 1981-03-17 Compagnie Internationale Pour L'informatique System for keeping account of predetermined homogeneous units
EP0829828A1 (en) * 1996-09-13 1998-03-18 Koninklijke KPN N.V. Multiple tickets in smart cards
WO1998059324A2 (en) * 1997-06-25 1998-12-30 Schlumberger Systemes Performing fixed-value transactions with a smart card
US7254548B1 (en) * 2002-07-10 2007-08-07 Union Beach, L.P. System and method for the administration of financial accounts using profiles

Patent Citations (4)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US4256955A (en) * 1977-03-31 1981-03-17 Compagnie Internationale Pour L'informatique System for keeping account of predetermined homogeneous units
EP0829828A1 (en) * 1996-09-13 1998-03-18 Koninklijke KPN N.V. Multiple tickets in smart cards
WO1998059324A2 (en) * 1997-06-25 1998-12-30 Schlumberger Systemes Performing fixed-value transactions with a smart card
US7254548B1 (en) * 2002-07-10 2007-08-07 Union Beach, L.P. System and method for the administration of financial accounts using profiles

Also Published As

Publication number Publication date
GB0725322D0 (en) 2008-02-06

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Legal Events

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WAP Application withdrawn, taken to be withdrawn or refused ** after publication under section 16(1)