WO2014025738A1 - Instrument de paiement à propriété transférable et ses procédés d'utilisation - Google Patents

Instrument de paiement à propriété transférable et ses procédés d'utilisation Download PDF

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Publication number
WO2014025738A1
WO2014025738A1 PCT/US2013/053728 US2013053728W WO2014025738A1 WO 2014025738 A1 WO2014025738 A1 WO 2014025738A1 US 2013053728 W US2013053728 W US 2013053728W WO 2014025738 A1 WO2014025738 A1 WO 2014025738A1
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WO
WIPO (PCT)
Prior art keywords
token
cash value
security element
payment
amount
Prior art date
Application number
PCT/US2013/053728
Other languages
English (en)
Inventor
Todd L. Nuttall
Troy S. BOWMAN
Derek B. Cook
Original Assignee
Better Atm Services, Inc.
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 Better Atm Services, Inc. filed Critical Better Atm Services, Inc.
Publication of WO2014025738A1 publication Critical patent/WO2014025738A1/fr

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Classifications

    • 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
    • G06Q20/06—Private payment circuits, e.g. involving electronic currency used among participants of a common payment scheme
    • G06Q20/065—Private payment circuits, e.g. involving electronic currency used among participants of a common payment scheme using e-cash
    • 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
    • G06Q20/3276—Short range or proximity payments by means of M-devices using a pictured code, e.g. barcode or QR-code, being read by the M-device
    • 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
    • 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
    • G06Q20/38—Payment protocols; Details thereof
    • G06Q20/382—Payment protocols; Details thereof insuring higher security of transaction
    • G06Q20/3821—Electronic credentials
    • G06Q20/38215—Use of certificates or encrypted proofs of transaction rights
    • 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
    • G06Q20/38—Payment protocols; Details thereof
    • G06Q20/385—Payment protocols; Details thereof using an alias or single-use codes

Definitions

  • This invention relates to a device and methods for electronically paying for goods and services using a transferable token.
  • checks eliminate the problem of having to carry left-over change. Plus, checks are drawn for a stated amount from a check writer's account at a financial institution and the financial institution does not pay on the check unless the writer's account is verified and funds are present in the writer's account. Thus, a check is a more secure instrument than cash. And, because checks are processed through a bank, the funds are more easily tracked than cash. Checks have some disadvantages, too, however. For example, one person's check cannot be reused by another. Also, when a check is received in exchange for goods or services, it is impossible to know right then whether the check is drawn on a valid account or whether the account has enough money to pay the check. Travelers' checks solve that problem because they are guaranteed in the amount on the face of the check so long as the writer is validated, but otherwise suffer problems similar to cash.
  • Cards are also more easily tracked than cash, in part because to be re-loaded with cash value a card has to be registered with one or more of the entities involved in card processing, including merchants, point-of-sale servicers, aggregators, payment card issuers, payment networks, electronic access providers, payment program managers, payment data service providers banks, and other financial institutions, any of which is referred to herein as a payment processor.
  • a card is a secured bearer
  • card-reading equipment comprises a special-purpose device that can read non-human readable information for electronic payments, such as that encoded in a magnetic stripe, RFID chip or other integrated circuit, standard or matrix barcode or other symbology, contained on or in the card.
  • the card-reading equipment is in communication with a payment processor.
  • a payment processor It is difficult, if not physically impossible or prohibitively expensive, to implement known systems of card reading and processing for non-merchant, person-to-person transactions that occur hundreds of thousands of times every day across the country because to do so requires card-reading equipment. Examples of this type of transaction include garage sales, classified ad transactions, payment for labor such as home renovation or landscaping, and other purchases of goods or services between two private parties.
  • the payment instrument would not involve known card- reading equipment, would be easily transferred to and exchanged between subsequent users, and trackable.
  • the payment instrument would allow the cash value to be increased or decreased by the user on demand, protect against fraud, and be recoverable in case of being lost.
  • a payment instrument referred to herein as a token
  • the instrument is transferable between two parties.
  • the token may be a card, document, coin, or other physical instrument; an electronic instrument such as a barcode, series of codes, or link emailed to the buyer; or a virtual instrument which incorporates electronic codes into an electronic image that looks like a physical instrument.
  • the token is issued by a first payment processor and, at issuance, has a zero cash value.
  • the token has a primary identifier, a security element, and an authorization code associated with the token.
  • the token may be assigned a cash value upon dispensing, either automatically or manually by the first owner, or may later be assigned a cash value.
  • Transactions can be made by reducing the cash value of the token or by exchanging the token itself for goods or services.
  • a first owner gives the token to a second owner in exchange for goods or services.
  • the second owner uses the security element to verify that the instrument has the alleged value.
  • the second owner may further secure ownership of the instrument and prohibit the first owner from accessing the funds associated therewith by changing one or more of the security elements upon receipt of the token.
  • the verification of value and securing ownership is achieved by contacting a payment processor, preferably the instrument's payment processor, without card-reading equipment.
  • the communication is achieved instead by common electronic communication equipment, such as phone, smartphone, tablet or computer, via a call, text message, email, internet query, smart phone application, tweet, or other electronic means.
  • the second owner may reuse the instrument, augment its value, or redeem it for some or all of its value.
  • FIGs. 1 A - 1 D illustrate tokens of various embodiments.
  • FIG. 2 illustrates a virtual token displayed on a cell phone screen.
  • FIG. 3 is a flow diagram of a preferred embodiment of the process of the present invention.
  • FIG. 4 is a flow diagram of another embodiment of the process of the present invention in which buyer information is linked to the token.
  • FIG. 5 is a flow diagram of another embodiment of the process of the present invention in which a token is used in a combination of transactions.
  • the present invention includes a payment instrument that enables electronic payments without card-reading equipment.
  • the payment instrument referred to herein as a token 10
  • the present invention also includes methods for managing electronic payments between two parties using the token, without the use of card-reading equipment.
  • the invention is contemplated for use with any electronic payment, but has particular application for transactions between private parties. Therefore, the detailed description below describes the invention in the context of a private-party transaction, but it will be understood that the invention is not limited to such a transaction.
  • FIG. 1 illustrates several examples of the form tokens may take.
  • the token is a physical article including but not limited to: a coin (FIG. 1 A) made of metal, plastic, or other material; a card (FIG. 1 B), which may be plastic and substantially rigid like a credit card, or plastic and substantially flexible like a business card; or a paper document having properties similar to a dollar bill or a newspaper coupon.
  • the token may instead be an electronic token such as a barcode (FIG. 1 C), series of codes, or link (FIG. 1 D) emailed to the buyer.
  • the token may instead be a virtual token similar to a prepaid Virtual VISA® card or another type of display technology which shows the desired information in a readable format on a screen. See FIG. 2.
  • the token may have an information storage medium, such as a magnetic stripe; radio frequency identification (“RFID”) chip or other integrated circuit; or standard or matrix barcode or other symbology, contained thereon, or a combination of types of storage media.
  • RFID radio frequency identification
  • the storage medium is based on common standards such as EMV (Europay, MasterCard and Visa) and NFC (near field communication) standards.
  • EMV Europay, MasterCard and Visa
  • NFC near field communication
  • the token is associated with one or more identifiers.
  • One of the identifiers is the primary identifier 1 1 , which is used to identify the token and store token information in a database as described below.
  • Additional identifiers may include, for example, a bundle identifier where the token is dispensed as part of a "bundle" of tokens or other prepaid instruments.
  • the bundle identifier identifies the bundle to a payment processor, which may then activate all of the tokens or other prepaid instruments that are a part of the bundle.
  • Additional identifiers may further include a serial or batch number as is known in the art for marking currency.
  • the primary identifier is printed on the token in human-readable form so that the transaction parties can read it, or it may be stored in the information storage medium, or both.
  • the form of the identifier may be alphanumeric, biometric, symbology, or other form of communication.
  • the token is associated with one or more security elements 12.
  • the security elements are used to perform the verification and ownership transfer procedures described below.
  • the security elements may include one or more PINs (a personal identification number, typically a 4-digit numeric code) or other codes, which may be printed on the token and further may at first be hidden by a scratch-off panel or other means of obscuring the security element.
  • PINs personal identification number, typically a 4-digit numeric code
  • the form of the security element may be alphanumeric, biometric, symbology, or other form of communication.
  • the token preferably has instructions printed thereon for how to use the token to execute a transaction.
  • the token is associated with an authorization code.
  • an authorization code is set, as a result of the payment processor pre-assigning the authorization code or as a result of the buyer manually choosing it, and provided to the buyer.
  • the authorization code may be a word, a number, or an alphanumeric combination which the token issuer stores and the buyer must write down or remember.
  • authorization code is used as described below to purchase goods or services using the token. Unlike conventional credit, debit or gift cards that require communication with a payment processor during each transaction to obtain an authorization code, no authorization code other than the one set initially is necessary to use the token by any user.
  • a transaction is executed by the transfer of a token from a first owner, also referred to herein as a buyer, to a second owner, also referred to herein as a seller.
  • a first owner also referred to herein as a buyer
  • a second owner also referred to herein as a seller.
  • a person who wants to buy a pair of shoes at a garage sale is the buyer and the person selling the shoes is the seller.
  • the token is acquired 31 by the buyer.
  • the buyer may have received the token from a previous owner in a previous transaction performed according to the inventive method.
  • the buyer may receive the token from a dispenser, in which case there would have been no previous owners.
  • the dispenser may be a point of sale device ("POS") that is partially or fully controlled by the payment processor.
  • the POS may be an automated POS, such as an ATM, kiosk, vending machine, or website; or, the POS may be an over-the-counter POS, such as from a salesperson at a bank branch or retail store.
  • the buyer may purchase the token, or the token may be issued at no cost by the payment processor, which may be the buyer's bank or other financial institution.
  • the payment processor retains at least the primary identifier of the token, preferably recording it in a token database along with the information that that the token has been dispensed.
  • the token record in the token database may further include a flag indicating whether the token has been activated.
  • the token is activated when it is dispensed, thus being usable immediately by the buyer, or the buyer may activate the token later by contacting the payment processor as known in the art.
  • the token may be linked to the buyer. See FIG. 4. To make this linkage, the payment processor receives data identifying the buyer during or after the dispensing of the token to the buyer.
  • the data identifying the buyer may be an account identifier for an existing account the buyer has with the payment processor, a credit or ATM card number, the buyer's name or username, or one or more other pieces of identifying information.
  • the payment processor links the token to the buyer using the data identifying the buyer and the primary identifier 41 , preferably by storing the data identifying the buyer in an electronic record associated with that token, referred to herein as a token record. The linkage of the token to the buyer allows the payment processor to
  • the linked buyer may identify the account that is to be debited by the transaction amount when the token is used as described below.
  • the linkage may further be used to provide additional management services to the buyer, such as prepaid account portfolio management services described in co-pending U.S. Pat. App. Ser. No. 12/686,096, which is commonly owned with the present invention and incorporated herein by reference. In this manner, the buyer may manage several tokens that are active at the same time, using the prepaid account portfolio.
  • the linkage may further allow the buyer to use, as the authorization code, the account PIN that is associated with the identified account.
  • the token When it is dispensed, the token may already be assigned a preset value, similar to paper money or a gift card for a certain denomination.
  • the buyer contacts the payment processor and provides the authorization code to confirm that it is the buyer, and not a thief or fraudulent bearer, attempting to make the purchase.
  • the token has no initial value. This provides both security and versatility: the buyer is secure in knowing that if the token is lost or stolen, it has no value; and the token is versatile in that its value can be set to the exact amount of the transaction on demand.
  • the buyer may load the token by assigning the value that is desired for a specific transaction, or may load the token with an arbitrary amount.
  • Loading comprises transmitting load information to the payment processor, which may be done by telephone, smart phone application, text message, email, internet submission, or other means. The load
  • the payment processor receives the load information and verifies (1 ) that the request originated from the buyer, (2) that the token is active, or that the load request includes an activation
  • the process transfers the requested funds from the buyer's account to a token account associated with the token record.
  • the token account may be newly opened upon verifying the load request, or it may have been previously opened and presently waiting to receive funds.
  • the token account may be a prepaid account described in U.S. Pat. App. Ser. No. 12/686,096, further allowing for the provision of prepaid account portfolio management services.
  • the payment processor may send a confirmation to the buyer using the same or a different communication channel from the load request.
  • the buyer loads the token at the time and place of the transaction with the cash value of the transaction.
  • the buyer gives the loaded token to the seller in exchange for goods or services 34.
  • the seller then contacts the payment processor to verify that the token is active and contains the transaction value 35.
  • the seller calls or sends a text message to a phone number provided by the payment processor.
  • the phone number may be a standard number through which all tokens are verified, or it may be a number specific to the particular token or a subset of tokens.
  • the seller inputs information needed to identify the token and confirm it is in the seller's possession. If the phone number is specific to the token, the call or text message may be sufficient to identify the token.
  • the seller may need to provide the token's primary identifier or another identifier.
  • the seller uses a multi-purpose smart phone application to read a bar code, such as a matrix bar code like QR Code® to start an automated verification process.
  • the matrix bar code provides the necessary information automatically to the correct service provider replacing the need for entering the token's information, with the possible exception that the actual PIN code may need to be entered.
  • a bar code such as a matrix bar code like QR Code®
  • the token includes one or more PINs, most preferably each of which is hidden behind a separate tamper-resistant scratch-off pad.
  • the seller scratches off a pad and provides the PIN to the payment processor as confirmation that the seller possesses the token.
  • the combination of the PIN and buyer-supplied authentication code therefore prove to the payment processor that the token is present at the transaction and the authorized buyer is performing the transaction.
  • the payment processor then sends a confirmation message to the seller that the token is active and has been validly funded with the transaction value.
  • the seller contacts the payment processor by email, internet query, specific-purpose smart phone application, or other electronic means, or a combination of communication means.
  • Smart phones outfitted to read RFID tags may be used to initiate an automated verification sequence.
  • the seller may have ownership of the token
  • Ownership transfer is achieved by changing the first security element to a security element known to the second party that is different from the first security element and preferably unknown to the first party 36.
  • the payment processor may offer to change the PIN to a number of the seller's choice.
  • the seller may further provide information identifying the seller so that the token may be linked to the seller according to the linkage process described above. If the seller also has any funded accounts with the payment processor, one or more of those accounts may be associated with the token, allowing the seller to reuse the token in another transaction or have the funds transferred to the seller's account. If the seller does not have any accounts with the payment processor, the seller may be able to redeem the token at an ATM or other redemption terminal, collecting cash or a prepaid instrument in the amount of the stored funds. Alternatively, the token may be used by the seller as a prepaid instrument, such as an open-network prepaid or gift card.
  • the buyer views the "for sale” ads on Craigslist and AutoTrader.com for '67 Chevys and finds just the right one, offered by a seller in a town about 30 miles away.
  • the buyer arranges to see the car and, before he makes the trip, goes to an ATM and obtains a token having zero value.
  • the buyer travels to the seller's town and sees the car.
  • the buyer calls the phone number printed on the token and, using the keypad on his cell phone, transmits the primary identifier printed on the token, the authorization code, and $2700, the amount the cash value is to be increased, to the buyer's bank which houses a funded account belonging to the buyer, thereby instructing the bank to debit the first amount from his account and to assign $2700 to the token.
  • the buyer gives the loaded token to the seller who calls the phone number printed on the token and, using the keypad on the seller's cell phone transmits the PIN number the buyer gives him, the authorization code, and the alleged cash value to the seller's credit union.
  • the credit union replies to the seller's cell phone with a message that confirms the amount of the cash value on the token.
  • the seller then changes the PIN to a number he keeps secret from the buyer.
  • FIG. 5 is a flow diagram of another embodiment of the process of the present invention in which a portion of the cash value on the token is used in one or more first transactions and the token itself is exchanged for goods or services in a second transaction.
  • the token is acquired 31 by the buyer, as explained above.
  • the buyer may have received the token from a previous owner in a previous transaction performed according to the inventive method.
  • the buyer loads the token by assigning the value that is to be debited from the buyer's funded account 33.
  • Loading comprises transmitting load information to the payment processor using common communication equipment, such as telephone, smart phone application, text message, email, internet submission, or other means.
  • the token is used, one or more times, to purchase goods or services using card- reading equipment 51 .
  • a buyer acquires a token having zero cash value and loads it with $50 from his checking account.
  • the token has a magnetic stripe in it containing electronic payment information readable information sufficient to be read by card-reading equipment.
  • the buyer uses the token to purchase half a tank of gasoline from a gas station pump for $24.36 by swiping the token through the pump's card-reading equipment, leaving $25.64 of cash value on the token.
  • the buyer then goes to the post office and buys $20.00 worth of stamps by swiping the token through the post office's card-reading equipment, leaving $5.64 of cash value on the token.
  • the buyer then goes around the corner to a
  • the funds allotted to the token are segregated from other funds in the owner's account so that they are available when a portion of the cash value is used for a purchase or the token itself is exchanged for goods or services.
  • the segregation can be
  • the segregation can also be accomplished by encapsulating the funds in a token account separate from the account the owner used to load the token with, similar to the known method of putting funds in an escrow account with an escrow agent until the transaction is complete.
  • Another implementation of the method of making an electronic payment utilizes a clearing house for handling transactions with tokens, which would help prevent against fraud.
  • the clearing house would have the ability to verify the validity and value of each token, regardless of the token issuer, current token owner, or current token owner's bank or other financial institution. For example, it's possible (but unlikely) that a forger could create false tokens and have a false call center to respond to incoming calls checking the value of the token.
  • a clearing house a seller could call its own bank to verify the token, and the seller's bank would check either a common clearing house or with buyer's bank directly to validate the card and funds.
  • cash value includes anything of value, including currency, barter points, reward points such as frequent-flyer miles, etc.

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

Abstract

L'invention concerne un jeton transférable qui est utilisé pour réaliser des transactions monétaires électroniques entre deux parties sans équipement de traitement de carte. Le jeton a une valeur monétaire nulle à l'émission. Le jeton a un identificateur primaire, un élément de sécurité et un code d'autorisation associés à celui-ci. Le jeton peut se voir affecter une valeur monétaire lors de la distribution, soit automatiquement soit manuellement par le premier propriétaire, ou peut se voir affecter ultérieurement une valeur monétaire. Des transactions peuvent être réalisées par réduction de la valeur monétaire du jeton ou par échange du jeton lui-même contre des produits ou des services. Dans ce dernier cas, un premier propriétaire donne le jeton à un second propriétaire en échange de produits ou de services. Le second propriétaire utilise l'élément de sécurité pour vérifier que l'instrument a la valeur présumée. Le vendeur sécurise la propriété de l'instrument et empêche le premier propriétaire d'accéder aux fonds associés à celui-ci par changement d'un ou plusieurs des éléments de sécurité.
PCT/US2013/053728 2012-08-06 2013-08-06 Instrument de paiement à propriété transférable et ses procédés d'utilisation WO2014025738A1 (fr)

Applications Claiming Priority (2)

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US201261680028P 2012-08-06 2012-08-06
US61/680,028 2012-08-06

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Cited By (2)

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US20140289108A1 (en) * 2013-03-20 2014-09-25 Tata Consultancy Services Limited System, Method, Article of Manufacture of Mixed Reality Based, Biometrically Signed Reusable Physical Financial Instrument
US10990935B1 (en) * 2016-04-28 2021-04-27 Wells Fargo Bank, N.A. Transferring funds between two parties

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US20100076891A1 (en) * 2008-09-23 2010-03-25 Arthur Vanmoor Superior identification system by changing word or number codes
US20110055082A1 (en) * 1999-07-29 2011-03-03 Privacash, Inc. Method and System for Distributing and Activating a Non-Personalized Purchase Card
US20110099107A1 (en) * 2009-10-23 2011-04-28 Infosys Technologies Limited Method for money transfer using a mobile device
US20120066043A1 (en) * 2010-09-13 2012-03-15 Chris Carmichael Mobile Gift Card
US20120118953A1 (en) * 2008-08-14 2012-05-17 Stephen Diamond Wireless Mobile Communicator For Contactless Payment On Account Read From Removable Card

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US20110055082A1 (en) * 1999-07-29 2011-03-03 Privacash, Inc. Method and System for Distributing and Activating a Non-Personalized Purchase Card
US20120118953A1 (en) * 2008-08-14 2012-05-17 Stephen Diamond Wireless Mobile Communicator For Contactless Payment On Account Read From Removable Card
US20100076891A1 (en) * 2008-09-23 2010-03-25 Arthur Vanmoor Superior identification system by changing word or number codes
US20110099107A1 (en) * 2009-10-23 2011-04-28 Infosys Technologies Limited Method for money transfer using a mobile device
US20120066043A1 (en) * 2010-09-13 2012-03-15 Chris Carmichael Mobile Gift Card

Cited By (7)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US20140289108A1 (en) * 2013-03-20 2014-09-25 Tata Consultancy Services Limited System, Method, Article of Manufacture of Mixed Reality Based, Biometrically Signed Reusable Physical Financial Instrument
US9547960B2 (en) * 2013-03-20 2017-01-17 Tata Consultancy Services Limited System, method, article of manufacture of mixed reality based, biometrically signed reusable physical financial instrument
US10713650B2 (en) 2013-03-20 2020-07-14 Tata Consultancy Services Limited System, method, article of manufacture of mixed reality based, biometrically signed reusable physical financial instrument
US10990935B1 (en) * 2016-04-28 2021-04-27 Wells Fargo Bank, N.A. Transferring funds between two parties
US11720866B1 (en) 2016-04-28 2023-08-08 Wells Fargo Bank, N.A. Transferring funds between two parties
US20230325795A1 (en) * 2016-04-28 2023-10-12 Wells Fargo Bank, N.A. Transferring funds between two parties
US11978026B2 (en) 2016-04-28 2024-05-07 Wells Fargo Bank, N.A. Transferring funds between two parties

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