GB2472284A - Transaction cards for facilitating direct person to person payments - Google Patents

Transaction cards for facilitating direct person to person payments Download PDF

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Publication number
GB2472284A
GB2472284A GB1000022A GB201000022A GB2472284A GB 2472284 A GB2472284 A GB 2472284A GB 1000022 A GB1000022 A GB 1000022A GB 201000022 A GB201000022 A GB 201000022A GB 2472284 A GB2472284 A GB 2472284A
Authority
GB
United Kingdom
Prior art keywords
card
transaction
person
cards
payments
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Withdrawn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
GB1000022A
Other versions
GB201000022D0 (en
Inventor
Lorna June Hanmer
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
Publication of GB201000022D0 publication Critical patent/GB201000022D0/en
Publication of GB2472284A publication Critical patent/GB2472284A/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Withdrawn legal-status Critical Current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
    • G07F7/10—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 together with a coded signal, e.g. in the form of personal identification information, like personal identification number [PIN] or biometric data
    • G07F7/1008—Active credit-cards provided with means to personalise their use, e.g. with PIN-introduction/comparison system
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06K—GRAPHICAL DATA READING; PRESENTATION OF DATA; RECORD CARRIERS; HANDLING RECORD CARRIERS
    • G06K19/00—Record carriers for use with machines and with at least a part designed to carry digital markings
    • G06K19/06—Record carriers for use with machines and with at least a part designed to carry digital markings characterised by the kind of the digital marking, e.g. shape, nature, code
    • G06K19/067—Record carriers with conductive marks, printed circuits or semiconductor circuit elements, e.g. credit or identity cards also with resonating or responding marks without active components
    • G06K19/07—Record carriers with conductive marks, printed circuits or semiconductor circuit elements, e.g. credit or identity cards also with resonating or responding marks without active components with integrated circuit chips
    • 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
    • G06Q20/04—Payment circuits
    • 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
    • G06Q20/32—Payment architectures, schemes or protocols characterised by the use of specific devices or networks using wireless devices
    • G06Q20/327—Short range or proximity payments by means of M-devices
    • 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
    • G06Q20/341—Active cards, i.e. cards including their own processing means, e.g. including an IC or chip
    • G06Q20/3415—Cards acting autonomously as pay-media
    • 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
    • G07F7/0806—Details of the card

Landscapes

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

Abstract

The cards contain the necessary hardware (Fig. 1 [1]) for carrying out short distance communication to other similar cards, possibly using the wireless Bluetooth® protocol. In the first instance the cards do not communicate with bank central computers. The cards allow details of intended payments to be stored in an on-card memory (Fig. 1 [1]). The cards may contain a display 2 and a holographic keyboard 3 for entering the amount of money to be transferred, as well as account numbers and PINs. When the payer's card is next presented at an ATM or cash point machine, the transfer of funds is activated at the bank central computer(s). Power could be provided by a solar cell 1. Additional security may be provided by fingerprint or retinal scanning devices.

Description

INTELLECTUAL
. .... PROPERTY OFFICE Application No. GB 1000022.2 RTM Date:30 March 2010 The following terms are registered trademarks and should be read as such wherever they occur in this document: Bluetooth Intellectual Property Office is an operating name of the Patent Office www.ipo.gov.uk
DESCRIPTION
Transaction card This invention relates to a transaction card that would negate the need for cheques and cash on a person to person basis.
Quite often we need to pay someone e.g. tradesmen, friends etc, and a cheque or cash are the only option. However, they are not always a convenient method of payment; were people living in remote areas and cash machines are located some distance away, and the fact that the chequebook system appears to be fazing out, this invention provides an alternative.
The card comes in the fonn of a debit/credit card associated with the users bank'building society account, when the card is within a short distance (defined by Bluetooth technology) of another card of its type, it will establish a link via the Bluetooth connection chip incorporated within the card. The card is powered by an integrated solar panel. Each card will identify the connecting card by the user's account number which will appear in the holographic display panel, each user in turn, will authorise the link by keying in their account pin number via the holographic keypad (security method). The user of the card to be debited will key in the amount of payment and touch the enter button to confirm the amount. This amount will then be visible in the display panel of the connecting card and the user acknowledges receipt of payment by pressing enter on the card to be credited.
Alternative security methods may be used, such as fmgerprintlretinal scanning or facial recognition devices. In addition, alternative methods of power may be used e.g. fuel cell.
Once the transaction has taken place the information including the details of the connecting card (user name, sort code, account number and transaction amount) are stored on the memory chip and the information is updated to the user's account when next synchromsed at an ATM or in branch at Bank/Building Society. The responsibility for overspending therefore lies with the user. The cards would not hold any additional personal details! The invention will now be described by example and with reference to the accompanying drawings in which: Figure 1. Shows the front face view of the transaction card, Figure2. Shows the rear view of the transaction card, Figure3. Shows two transaction cards of this type establishing a connection, In figure 1, a memory chip with incorporated Bluetooth connection device I is located on the front side of the transaction card accompanied by the standard card number provided by the users banklbuilding society 2.
Figure 2 shows the rear side view of the transaction card, the solar panel which provides power to the card is located at the top edge of the card 1, with the holographic display panel located directly beneath 2, which allows visual recognition of the connecting card user's account details and transaction amounts. 3 identifies the holographic keypad which enables the user to provide a security pin number and transaction amounts to the card. Alternative security methods could be incorporated in the form of fingerprintlretinal scan or facial recognition technology. The keypad provides options for clearing errors incorrectly keyed in4 and the option to confirm correct keyed in information 5.
In figure 3 two transaction cards as described above are located within a given distance of each other, which is defmed by the Bluetooth technology, and a connection is established between the two Bluetooth connection devices land 2.

Claims (5)

  1. CLAIMS1. A transaction card providing connectivity to another card of its type when crediting amounts of money to individual card holders, providing person to person payments.
  2. 2. A transaction card which enables its user to key in monetary amounts for transfer to another card of its type according to claim 1
  3. 3. A transaction card which provides memory storage of card to card transactions according to claim 1.
  4. 4. A transaction card according to claims 1& 2, which synchronises updates to the users bank/building society account when next presented in an ATM or bank/building society counter card reader, for card to card transactions.
  5. 5. A transaction card which provides security for card to card payments according to all of the above claims.Amended claims have been filed as follows:-CLAIMS1. A transaction card providing direct connectivity to another card of its type when crediting amounts of money to individual card holders, providing person to person payments.2. A transaction card which enables its user to key in monetary amounts for direct transfer to another card of its type according to claim 1 3. A transaction card which provides memory storage of card to card transactions according to claim 1.4. A transaction card according to claims 1& 2, which synchronises regular mandatory updates to the users bank/building society account when next presented in an ATM or bank/building society counter card reader, for card to card transactions.5. A transaction card which provides security for card to card payments according to all of the above claims.
GB1000022A 2009-07-28 2010-01-04 Transaction cards for facilitating direct person to person payments Withdrawn GB2472284A (en)

Applications Claiming Priority (1)

Application Number Priority Date Filing Date Title
GBGB0913187.1A GB0913187D0 (en) 2009-07-28 2009-07-28 Kissing kard

Publications (2)

Publication Number Publication Date
GB201000022D0 GB201000022D0 (en) 2010-02-17
GB2472284A true GB2472284A (en) 2011-02-02

Family

ID=41067013

Family Applications (2)

Application Number Title Priority Date Filing Date
GBGB0913187.1A Ceased GB0913187D0 (en) 2009-07-28 2009-07-28 Kissing kard
GB1000022A Withdrawn GB2472284A (en) 2009-07-28 2010-01-04 Transaction cards for facilitating direct person to person payments

Family Applications Before (1)

Application Number Title Priority Date Filing Date
GBGB0913187.1A Ceased GB0913187D0 (en) 2009-07-28 2009-07-28 Kissing kard

Country Status (1)

Country Link
GB (2) GB0913187D0 (en)

Cited By (2)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
GB2494436A (en) * 2011-09-08 2013-03-13 Royal Bank Scotland Plc Wireless payment using blind identifier
EP3229191A4 (en) * 2014-12-04 2018-04-25 Hierstar (Suzhou)., LTD. Bank card transfer payment method

Citations (3)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US20080177668A1 (en) * 2007-01-24 2008-07-24 Bruno Delean Computerized person-to-person payment system and method without use of currency
US20080270300A1 (en) * 2007-04-27 2008-10-30 American Express Travel Related Services Company, Inc. System and method for performing person-to-person funds transfers via wireless communications
WO2009108444A1 (en) * 2008-02-26 2009-09-03 Battelle Energy Alliance, Llc Systems and methods for performing wireless financial transactions

Patent Citations (3)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US20080177668A1 (en) * 2007-01-24 2008-07-24 Bruno Delean Computerized person-to-person payment system and method without use of currency
US20080270300A1 (en) * 2007-04-27 2008-10-30 American Express Travel Related Services Company, Inc. System and method for performing person-to-person funds transfers via wireless communications
WO2009108444A1 (en) * 2008-02-26 2009-09-03 Battelle Energy Alliance, Llc Systems and methods for performing wireless financial transactions

Cited By (2)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
GB2494436A (en) * 2011-09-08 2013-03-13 Royal Bank Scotland Plc Wireless payment using blind identifier
EP3229191A4 (en) * 2014-12-04 2018-04-25 Hierstar (Suzhou)., LTD. Bank card transfer payment method

Also Published As

Publication number Publication date
GB0913187D0 (en) 2009-09-02
GB201000022D0 (en) 2010-02-17

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