Card resuming machine

Abstract

The present disclosure relates to a card resume machine (100). The machine (100) comprises a card reader (104) for extracting card details relating to a card inserted within the machine (100), and a processing device (102) in communication with a central server associated with one or more card issuers. The processing device (102) is configured to retrieve user details of a registered user associated with the inserted card from a central server based on the extracted card details, authenticate the inserted card and the registered user using an authentication mode based on the extracted card details and / or the retrieved user details, and extract an expiration date of the received card from the extracted card details. Further, the machine (100) destroys / deactivates an inserted card and generates a new card upon expiration of the card and / or upon receipt of a card resume request from the user.

Description

Technical Field

[0001] The present disclosure generally relates to the field of card renewal machines. In particular, the present disclosure relates to a simple, secure, and easy-to-use machine for renewing cards such as debit cards, credit cards, and smart cards, which provides a new card to the cardholder / user while deactivating or destroying the old card. Background Art

[0002] The background art description includes information that may be useful for understanding the present invention. This is not an admission that any of the information provided herein is prior art or relevant to the presently claimed invention, or that any publication specifically or implicitly referenced is prior art.

[0003] Debit cards and credit cards are fundamental financial tools for facilitating electronic transactions for individuals and businesses. To ensure the security and integrity of financial transactions, banking institutions typically require these cards to expire after a specified period of time. Cardholders are then required to renew their cards to continue using banking services seamlessly.

[0004] The traditional card replacement process involves the bank branch or card issuer sending a new card to the cardholder's registered address via a courier service. However, the reliability and predictability of the delivery process are major concerns. The delivery time may vary, resulting in delays in the cardholder receiving the new card. During this transition period, the existing card may remain active, posing security risks and increasing the opportunity for unauthorized access or misuse.

[0005] In addition, the traditional card renewal process is time-consuming and relies on human intervention. Customers may not properly destroy or dispose of their existing cards, leading to potential security vulnerabilities. Moreover, the manual processing of the card renewal process increases the likelihood of errors and compromises the overall efficiency of the system.

[0006] Furthermore, existing solutions for card renewal expose sensitive customer details to potential leakage or unauthorized access. Expired or lost cards, if not replaced in a timely manner, may be exploited by malicious entities, thereby endangering the security and privacy of the cardholder.

[0007] Therefore, there is a need to overcome the above-mentioned drawbacks, limitations, and deficiencies associated with existing card renewal solutions by providing a simple, secure, and easy-to-use solution for renewing expired or old cards, which provides a new card to the cardholder and simultaneously deactivates or destroys the expired or old card. Summary of the Invention

[0008] Some of the objectives of the present disclosure satisfied by at least one embodiment herein are listed below.

[0009] An objective of the present disclosure is to overcome the above-mentioned drawbacks, deficiencies, and limitations associated with existing card renewal solutions.

[0010] The objective of the present disclosure is to establish a secure and timely renewal process for debit / credit / smart cards, ensuring that the transition from the old card to the new card occurs seamlessly and without compromising the security of the cardholder's financial information.

[0011] The objective of the present disclosure is to develop an automated machine that minimizes human intervention in the card renewal process, reduces the chance of errors, and improves overall efficiency, thereby simplifying the renewal workflow from card deactivation to the delivery of the new card to the cardholder.

[0012] The objective of the present disclosure is to design a security mechanism for immediately deactivating the existing card at the time of expiration or upon the cardholder's request, thereby reducing the vulnerability window associated with the traditional renewal process.

[0013] The objective of the present disclosure is to provide robust privacy protection measures and data security protocols throughout the card renewal process to eliminate the risks associated with the exposure of cardholder details, thereby ensuring that sensitive information remains confidential and protected from unauthorized access.

[0014] The objective of the present disclosure is to establish an effective communication channel between the banking institution / card issuer and the cardholder.

[0015] The objective of the present disclosure is to design a user-friendly interface for the cardholder to effortlessly manage and monitor the card renewal process.

[0016] The objective of the present disclosure is to provide a simple, secure, and easy-to-use solution for renewing expired or old cards, which provides the new card to the cardholder in the form of a self-service terminal or machine and simultaneously deactivates or destroys the expired or old card.

[0017] Although various embodiments of the present disclosure have been described for renewing and destroying the inserted card when the corresponding card expires, however, the machine can also renew and destroy the unexpired card within a predetermined period before the actual expiration date upon receiving a renewal request from a registered user or from the card issuer, and all these embodiments are fully within the scope of the present disclosure.

[0018] The present disclosure relates to the field of card renewal machines. In particular, the present disclosure relates to a simple, secure, and easy-to-use machine for renewing expired or old debit / credit / smart cards, which provides a new card to the cardholder / user while deactivating or destroying the expired or old card.

[0019] One aspect of the present disclosure relates to a card renewal machine. The machine includes a card reader and a processing device. The card reader is configured to receive and extract one or more card details related to a card inserted into the machine. The processing device communicates with a central server associated with one or more card issuers. The processing device is operably coupled to the card reader. In addition, the processing device is configured to receive from the card reader the extracted card details related to the inserted card, retrieve from the central server one or more user details of a registered user associated with the inserted card based on the extracted card details, authenticate the inserted card and the registered user using one or more authentication modes based on the extracted card details and / or the retrieved user details, and extract the expiration date of the received card from the extracted card details and correspondingly mark the received card as an expired card at the end of the expiration date. In addition, the machine is configured to destroy or deactivate the inserted card and generate a new card when the inserted card expires and / or when a card renewal request is received from an authenticated user.

[0020] In one aspect, the machine may include a punching device operably coupled to the processing device. The processing device may be configured to actuate the punching device to receive a card from the card reader and further punch one or more holes in the chipset area or the magnetic stripe area of the card when the inserted card expires and / or when a card renewal request is received. The machine may be configured to transfer the perforated card to an expired card collection tray enclosed within the machine.

[0021] In one aspect, the machine may include a card printing and embossing device operably coupled to the processing device. The processing device may be configured to actuate the card printing and embossing device to receive a new card from a card container storing one or more new cards and print and / or emboss at least one of one or more new card details and / or user details of the registered user on the new card when a card renewal request is received from an authenticated user.

[0022] In one aspect, the machine may include an ejector configured and operably coupled to the processing device together with the card printing and embossing device. The processing device may be configured to actuate the ejector to eject the printed and / or embossed card from the machine to the registered user.

[0023] In one aspect, the processing device may be configured to map one or more new card details with the user details of the registered user and correspondingly send the mapped data to the central server. The central server or one or more issuers may update the card details of the destroyed / deactivated card with the mapped data or one or more new card details.

[0024] In one aspect, a machine may include a human-machine interface (HMI) that includes an input unit and a display unit and is operatively coupled to a processing device. The HMI may be configured to allow a registered user to send a card renewal request to the processing device and facilitate completion of authentication during one or more authentication modes.

[0025] In one aspect, a machine may include a housing that houses one or more components of the machine. The housing may include a card insertion slot that allows a user to insert a card to be renewed into the machine. A card reader may be positioned within the housing, behind or adjacent to the card insertion slot, to receive the inserted card. The housing may further include a card ejection slot that may allow a new card to be ejected from the machine into a tray. The card printing and embossing device and ejector may be positioned within the housing, behind or adjacent to the card ejection slot.

[0026] In one aspect, the processing device may be configured to generate and display on the HMI a request for a user to input a unique PIN associated with the card when the card is inserted into the machine, where the HMI allows the user to input the PIN. Additionally, the processing device may compare the input PIN with a pre-stored registered PIN associated with the corresponding card and, upon an affirmative match of the input PIN with the pre-stored registered PIN, authenticate the card and the user accordingly.

[0027] In one aspect, the processing device may be configured to generate and send a unique one-time password (OTP) to a registered mobile device associated with the registered user of the inserted card upon an affirmative match. The HMI may allow the user to input the OTP, compare the input OTP with the sent OTP to authenticate the corresponding user, and print or emboss the new card and allow the user to collect the printed and / or embossed new card from the machine based on the user's affirmative authentication.

[0028] In one aspect, the processing device may be configured to generate an alert and eject the inserted card from the machine based on a negative match of the input PIN with the pre-stored registered PIN.

[0029] Various objects, features, aspects and advantages of the present disclosure will become more apparent from the following detailed description of the preferred embodiments and the accompanying drawings, in which like numerals represent like features.

[0030] Within the scope of the present application, it is expressly contemplated that the various aspects, embodiments, examples and alternatives set forth in the foregoing paragraphs, claims and / or the following description and drawings, particularly their respective features, may be employed independently or in any combination. Features described in connection with one embodiment are applicable to all embodiments unless such features are incompatible. BRIEF DESCRIPTION OF THE DRAWINGS

[0031] The accompanying drawings are included to provide a further understanding of the present invention, and are incorporated in and constitute a part of this specification. The drawings, together with the specification, illustrate exemplary embodiments of the present invention.

[0032] Figure 1 An exemplary block diagram of a proposed card renewal machine or self-service terminal according to an embodiment of the present disclosure is shown.

[0033] Figure 2 An exemplary network architecture according to an embodiment of the present disclosure is shown, which includes a proposed card renewal machine, a central server associated with a card issuer, and a mobile device of a registered user / cardholder.

[0034] Figure 3 An exemplary representation depicting the steps of generating a new card and destroying / deactivating an expired card by the proposed machine according to an embodiment of the present disclosure is shown. Detailed Description

[0035] The following is a detailed description of embodiments of the present disclosure depicted in the drawings. The embodiments are so detailed as to clearly convey the present disclosure. However, the amount of details provided is not intended to limit the expected variations of the embodiments; rather, the intention is to cover all modifications, equivalents, and alternatives falling within the spirit and scope of the present disclosure as defined by the appended claims.

[0036] In the following description, numerous specific details are set forth in order to provide a thorough understanding of embodiments of the present invention. It will be apparent to those skilled in the art that embodiments of the present invention may be practiced without some of these specific details.

[0037] Embodiments of the present invention include various steps, which will be described below. These steps may be performed by hardware components, or may be embodied in machine-executable instructions that may be used to cause a general or special purpose processor programmed with the instructions to perform these steps. Alternatively, the steps may be performed by a combination of hardware, software, and firmware and / or by a human operator.

[0038] The present disclosure overcomes the above-mentioned disadvantages, deficiencies, and limitations associated with existing card renewal solutions by providing a simple, secure, and easy-to-use machine or self-service terminal for renewing expired or old cards, which provides a new card to a cardholder and simultaneously deactivates or destroys the expired or old card.

[0039] In one aspect, the present disclosure details a card renewal machine. The machine includes a card reader configured to receive and extract one or more card details related to a card inserted into the machine, and a processing device in communication with a central server associated with one or more card issuers. The processing device is operably coupled to the card reader. Further, the processing device is configured to receive from the card reader the extracted card details related to the inserted card, retrieve from the central server one or more user details of a registered user associated with the inserted card based on the extracted card details, authenticate the inserted card and the registered user using one or more authentication modes based on the extracted card details and / or the retrieved user details, and extract the expiration date of the received card from the extracted card details and accordingly mark the received card as an expired card at the end of the expiration date. Further, the machine is configured to destroy or deactivate the inserted card and generate a new card when the inserted card expires and / or when a card renewal request is received from an authenticated user.

[0040] In one embodiment, the machine may include a punching device operably coupled to the processing device. The processing device may be configured to actuate the punching device to receive the inserted card from the card reader upon receipt of a card renewal request to destroy the card, and further punch one or more holes in the chipset area or the magnetic stripe area of the card. The machine may be configured to transfer the card with perforations to an expired card collection tray enclosed within the machine.

[0041] In one embodiment, the machine may include a card printing and embossing device operably coupled to the processing device. The processing device may be configured to actuate the card printing and embossing device to receive a new card from a card container storing one or more new cards and print and / or emboss at least one of one or more new card details and / or user details of the registered user on the new card upon receipt of a card renewal request from an authenticated user.

[0042] In one embodiment, the machine may include a ejector configured with the card printing and embossing device and operably coupled to the processing device. The processing device may be configured to actuate the ejector to eject the printed and / or embossed card from the machine to the registered user.

[0043] In one embodiment, the processing device may be configured to map one or more new card details with the user details of the registered user and accordingly send the mapped data to the central server. The central server or one or more issuers may update the card details of the old card with the mapped data or one or more new card details.

[0044] In one embodiment, the machine may include a human-machine interface (HMI) that includes an input unit and a display unit operably coupled to a processing device. The HMI may be configured to allow a registered user to send a card renewal request to the processing device and facilitate completion of authentication during one or more authentication modes.

[0045] In one embodiment, the machine may include a housing that houses one or more components of the machine. The housing may include a card insertion slot that allows a user to insert a card to be renewed into the machine. A card reader may be positioned within the housing, behind or adjacent to the card insertion slot, to receive the inserted card. The housing may also include a card ejection slot that may allow a new card to be ejected from the machine into a tray. The card printing and embossing device and ejector may be positioned within the housing, behind or adjacent to the card ejection slot.

[0046] In one embodiment, the processing device may be configured to, when a card is inserted into the machine, generate and display on the HMI a request for the user to input a unique PIN associated with the card, where the HMI allows the user to input the PIN. Additionally, the processing device may compare the input PIN with a pre-stored registered PIN associated with the corresponding card and authenticate the card and the user correspondingly when there is an affirmative match between the input PIN and the pre-stored registered PIN.

[0047] In one embodiment, the processing device may be configured to generate and send a unique one-time password (OTP) to a registered mobile device associated with the registered user when there is an affirmative match. The HMI may allow the user to input the OTP, compare the input OTP with the sent OTP to authenticate the corresponding user, and print or emboss the new card and allow the user to collect the printed and / or embossed new card from the machine upon the user's affirmative authentication.

[0048] In one embodiment, the processing device may be configured to generate an alert and eject the inserted card from the machine when there is a negative match between the input PIN and the pre-stored registered PIN.

[0049] Reference Figure 1 and Figure 2 and, in one embodiment, the proposed card renewal machine 100 (also referred to herein as machine 100) is disclosed. Machine 100 may include a processing device 102 that may communicate with a central server 202 via a secure network 210, and central server 202 is associated with one or more card issuers 204, as Figure 2As shown. The machine 100 can be configured to read the details of various cards associated with different cardholders 208, where the cards can be issued by a card issuer 204. In an exemplary embodiment, the cards can be selected from debit cards, credit cards, and smart cards, but are not limited thereto. Then, the machine 100 can determine the expiration date of the card and accordingly destroy or deactivate the card at the end of the expiration date or upon the request of the user 208, and further generate a new card for the cardholder 208.

[0050] Although various embodiments of the present disclosure have been described for renewing and destroying the inserted card when the corresponding card expires, however, the machine can also renew and destroy the unexpired card within a predetermined period before the actual expiration date upon receiving a renewal request from a registered user or from the card issuer, and all such embodiments are fully within the scope of the present disclosure.

[0051] In one embodiment, the machine 100 may further include a card reader 104, which can be configured to receive the card inserted into the machine 100 and also extract one or more card details from the inserted card. In an exemplary embodiment, the card reader 104 can be a chip reader, which is configured to read the card details stored in the chipset of the card. However, the card reader 104 can also be a magnetic stripe reader to read the card details stored in the magnetic stripe provided on the card. In another exemplary embodiment, the card details can include but are not limited to the name and bank account number of the registered user 208 (also referred to as the cardholder), the expiration date or validity period of the card, the card type, one or more encoded information, and the details of the card issuer 204 and the corresponding banking system.

[0052] In addition, the processing device 102 can be configured to retrieve one or more user details of the registered user 208 associated with the inserted card from the central server 202 based on the extracted card details. In an exemplary embodiment, the user details can include but are not limited to name, address, unique identification number, registered mobile number, and the card PIN set by the registered user / cardholder 208.

[0053] In addition, the processing device 102 can be configured to authenticate the inserted card and the registered user 208 using one or more authentication modes based on the extracted card details and / or the retrieved user details. In addition, the processing device 102 can extract the expiration date of the received card from the extracted card details and accordingly mark the received card as an expired card at the end of the expiration date.

[0054] In one embodiment, once the user 208 is authenticated and it is detected that the inserted card has expired or upon receiving a card renewal request from the user 208, the machine 100 can be configured to destroy or deactivate at least the chipset area or the magnetic stripe area of the expired or old card, and further generate a new card for the authenticated user 208. Additionally, the processing device 102 can be configured to map the new card details with the user details of the registered user 208 and accordingly send the mapped data to the central server 202. Thus, the central server 202 or the card issuer 204 can update the card details of the old card with the new card details, and the new card details can be used to authenticate and authorize the registered user 208 in future financial and non-financial transactions during the updated validity period of the new card.

[0055] In one embodiment, the machine 100 can include a punching device 106 operatively coupled to the processing device 102. The processing device 102 can be configured to actuate the punching device 106 to receive a card from the card reader 104 and further punch one or more holes in the chipset area or the magnetic stripe area of the expired or old card when the inserted card has expired and / or upon receiving a card renewal request. In an exemplary embodiment, the machine 100 can include a first set of actuators (not shown) to allow the card reader 104 to receive the inserted card and orient the card in a predetermined direction in front of the card reader 104 for scanning the card details. Additionally, a second set of actuators (not shown) can be configured within the machine 100 to transport and orient the scanned card in front of the punching device 106 to punch holes in the chipset area or the magnetic stripe area of the card. Finally, a third set of actuators (not shown) can be configured within the machine 100 to transport the card with the punched holes to an expired card collection tray or a waste bin (not shown) encapsulated within the machine 100.

[0056] In one embodiment, the punching device 106 can include a punch head movably coupled to a fixed base. Additionally, a holder can be configured to receive the scanned card from the card reader 104 and fix the received card in a predetermined position and orientation. Further, a drive mechanism can be configured to actuate the punch head to punch holes in the fixed card at the chipset area or the magnetic stripe area. However, in other embodiments, any other type of punching device can also be implemented, and all such embodiments are fully within the scope of the present disclosure.

[0057] Although various embodiments of the present disclosure have been described for using the punching device 106 to punch holes in the chipset area or the magnetic stripe area of the card to deactivate the card, any other card deactivation or destruction technique can also be implemented in the proposed machine 100, and all such embodiments are fully within the scope of the present disclosure without any limitation. For example, in some embodiments, the machine 100 may include a cutter to cut the chipset area or the magnetic stripe of the old card. Additionally, in some embodiments, the machine 100 may include electromagnetic or microwave elements configured to internally burn or destroy the chipset area or the magnetic stripe of the old card using electromagnetic waves or microwaves. Further, in some embodiments, the machine 100 may include a heating element configured to burn or destroy the chipset area or the magnetic stripe of the old card.

[0058] In one embodiment, the machine 100 may include a card printing and embossing device 108 operably coupled to the processing device 102. The processing device 102 may be configured to, upon receiving a card renewal request from an authenticated user 208, actuate the card printing and embossing device 108 to receive a new card from a card container storing one or more new cards, and further print and / or emboss on the new card at least one of one or more new card details and / or user details of the registered user 208. Additionally, in one embodiment, the machine 100 may include a ejector 110 configured and operably coupled to the processing device 102 together with the card printing and embossing device 108, wherein the processing device 102 may be configured to actuate the ejector 110 to eject the printed and / or embossed card from the machine 100 to the registered user 208.

[0059] In one embodiment, the machine 100 may include a human-machine interface 112 (HMI 110) that includes an input unit (such as a keyboard or a touchpad) and a display unit operably coupled to the processing device 102. The HMI 110 may be configured to allow the registered user 208 to send a card renewal request to the processing device 102 and further facilitate the completion of authentication by the registered user 208. In some embodiments, the HMI 110 may further include a speaker or headphones and a microphone to allow the user 208 to communicate with the machine 100, which may allow the registered user 208 to send a card renewal request to the processing device 102 and further facilitate the registered user 208.

[0060] In one embodiment, the machine 100 may include a receipt printer 114 operably coupled to the processing device 102. The processing device 102 may be configured to actuate the receipt printer 114 to print a receipt when destroying an expired or old card and / or when ejecting a new card, the receipt including a confirmation message regarding the completion of card renewal and / or details of the new card.

[0061] In one embodiment, machine 100 may further include a biometric authentication module 116 operatively coupled to processing device 102. In an exemplary embodiment, biometric module 116 may be selected from the group including a face recognition module, a fingerprint sensor, and the like. Processing device 102 may be configured to use biometric module 116 to extract biometric attributes of user 208 inserting a card into machine 100, and further compare the extracted biometric attributes with pre-stored biometric information associated with the registered user 208 inserting the card. Based on a positive match of the extracted biometric attributes with the pre-stored biometric attributes, processing device 102 may correspondingly authenticate the card and the corresponding user 208. Otherwise, machine 100 may generate an alert based on the negative biometric authentication of user 208 and eject the inserted card from machine 100.

[0062] In one embodiment, machine 100 may include a housing or enclosure that defines the shape of machine 100. The housing may securely enclose one or more components of machine 100, including processing device, card reader 104, punching device 106, card printing and embossing device 108, ejector 110, HMI 110, receipt printer 114, biometric module 116, and various other components.

[0063] In one embodiment, the housing may include a card insertion slot that allows user 208 to insert the card to be renewed into machine 100. In addition, card reader 104 may be positioned within the housing behind or adjacent to the card insertion slot to receive the inserted card. In addition, the housing may include a card ejection slot that allows the new card to be ejected from machine 100 into a tray. In addition, card printing and embossing device 108 and ejector 110 may be positioned within the housing behind or near the card ejection slot, which may allow ejector 110 to send the new card from machine 100 into the tray. In addition, the housing may include one or more cutouts that may be configured to accommodate the display, speaker, microphone, and keyboard / keypad of HMI 110 and biometric module 116 associated with machine 100 such that these components remain fixed to the housing while remaining accessible to user 208 from the outside to communicate with machine 100.

[0064] Reference Figure 3, an exemplary representation depicting the steps of generating a new card and destroying / deactivating expired or old cards by the proposed machine 100 is disclosed. As shown, at block 302, the HMI 110 of the machine 100 can (using a display or speaker) prompt the user 208 to select the "Card Renewal" option. Once the "Card Renewal" option is selected by the user 208 (using a keyboard or voice command via a microphone) at block 304, at block 306, the machine 100 can prompt the user 208 to insert the card to be renewed into the card reader 104 via the card insertion slot. Additionally, once the user 208 inserts the old card into the card slot at block 308, the processing device 102 of the machine 100 can authenticate the inserted card at block 310 and, upon authentication, further prompt the user 208 to enter the card PIN using the HMI 110 at block 312. Otherwise, if the inserted card is not authenticated, the machine 100 can eject the inserted card via the same card insertion slot at block 314.

[0065] Once the user 208 enters the PIN, the machine 100 can authenticate the entered PIN by comparing it with the pre-stored registered PIN associated with the same card (set by the registered user 208). Additionally, at blocks 316 and 318, the machine 100 can proceed with OTP-based authentication after successful PIN authentication. Otherwise, at block 314, the machine 100 can eject the inserted card via the same card insertion slot and further send an alert signal to the card issuer as well as to the registered mobile device 206 associated with the registered user 208. In one embodiment (not shown), the machine 100 can also implement biometric-based authentication of the user 208 using the biometric module 116. However, biometric-based authentication can also be excluded if desired.

[0066] During OTP-based authentication, at block 316, the machine 100 can send a one-time password (OTP) to the registered mobile device 206 of the registered user 208 via the secure network 210. The machine 100 can then allow the user 208 to enter the OTP into the machine 100 using the HMI 110. Thus, at block 318, the machine 100 can complete the OTP-based authentication upon OTP authentication or match. Otherwise, at block 314, the machine 100 can eject the inserted card via the same card insertion slot and send an alert signal to the card issuer 206 and the registered mobile device 206 of the registered user 208.

[0067] After successful OTP-based authentication, at block 320, machine 100 may exchange encrypted data between processing device 102, the card, and central server 202. Additionally, once data send / receive is completed at block 322, machine 100 may actuate card printing and embossing device 108 to print a new card and further provide the new card via the card ejection slot of machine 100. At block 324, machine 100 may use HMI 110 to request user 208 to collect the new card via the tray. Finally, at block 326, machine 100 may actuate punching device 106 to punch holes in the old or expired card to destroy or deactivate the chipset area and magnetic stripe area of the card, and then transfer the destroyed card to the reject hopper. In one embodiment, at block 328, when destroying the expired or old card and / or when ejecting the new card, machine 100 may actuate receipt printer 114 to print and provide a receipt that includes a confirmation message regarding the completion of card renewal and / or details of the new card.

[0068] Thus, the present disclosure provides a simple, secure, and easy-to-use machine 100 for renewing expired or old cards, which provides a new card to the cardholder and simultaneously deactivates or destroys the expired or old card, thereby eliminating the risks associated with the exposure of cardholder details and ensuring that sensitive information remains confidential and protected from unauthorized access.

[0069] In one embodiment, referring back Figure 2 , machine 100 and server 202 may be operatively coupled to a website and may thus be operated from any Internet-enabled mobile device 206 associated with a registered user / cardholder 208. Examples of mobile device 206 may include, but are not limited to, portable computers, personal digital assistants, handheld devices, and workstations. The mobile device 206 of user 208 and machine 100 may be communicatively coupled to server 202 via network 210.

[0070] In one embodiment, network 210 can be a wireless network, a wired network 210, or a combination thereof. Network 210 can be implemented as one of different types of networks, such as an intranet, a local area network (LAN), a wide area network (WAN), the Internet, etc. Additionally, network 210 can be a private network or a shared network. A shared network represents an association of different types of networks that communicate with each other using various protocols (such as the Hypertext Transfer Protocol (HTTP), Transmission Control Protocol / Internet Protocol (TCP / IP), Wireless Application Protocol (WAP), etc.). Further, network 210 can include various network devices, including routers, bridges, servers 202, computing devices, storage devices, etc. In another implementation, network 210 can be a cellular network 210 or a mobile communication network 210 based on various technologies, including but not limited to Global System for Mobile Communications (GSM), General Packet Radio Service (GPRS), Code Division Multiple Access (CDMA), Long Term Evolution (LTE), WiMAX, etc.

[0071] In one aspect, referring back Figure 1 , processing device 102 can include one or more processors 102-1. One or more processors 102-1 can be implemented as one or more microprocessors, microcomputers, microcontrollers, digital signal processors, central processing units, logic circuits, and / or any device that manipulates data based on operational instructions. Among other capabilities, one or more processors 102-1 are configured to obtain and execute computer-readable instructions stored in memory 102-2 of processing device 102, which can cause processing device 102 to perform one or more specified operations. Memory 102-2 can store one or more computer-readable instructions or routines, which can be retrieved and executed to create or share data units via a network service. Memory 102-2 can include any non-transitory storage device, including, for example, volatile memory (such as RAM) or non-volatile memory (such as EPROM, flash memory, etc.).

[0072] Processing device 102 can also include (one or more) interfaces 118. (One or more) interfaces can include various interfaces, such as interfaces for data input and output devices, referred to as I / O devices, storage devices, etc. Interface 318 can be a communication module that can facilitate communication between processing device 102 / machine 100 and server 202. (One or more) interfaces 118 can also provide a communication path for one or more components of processing device 102.

[0073] If the specification states that a component or feature “can,” “is capable of,” “able to,” or “may” be included or have a characteristic, then that particular component or feature is not required to be included or have that characteristic.

[0074] As used in the description herein and in the subsequent claims, the meanings of "a", "an", and "the" include plural referents unless the context clearly dictates otherwise. Further, as used in the description herein, unless the context clearly dictates otherwise, the meaning of "in" includes "in" and "on".

[0075] Moreover, in interpreting the specification, all terms should be construed in the broadest possible manner consistent with the context. In particular, the terms "comprising" and "include" should be construed to refer to elements, components, or steps in a non-exclusive manner, indicating that the referenced elements, components, or steps may be present or utilized or combined with other elements, components, or steps not expressly referenced.

[0076] Although various embodiments of the present invention have been described previously, other and further embodiments of the present invention may be designed without departing from the basic scope of the present invention. The scope of the present invention is determined by the appended claims. The present invention is not limited to the described embodiments, versions, or examples, which are included to enable a person of ordinary skill in the art to make and use the present invention in combination with the information and knowledge available to a person of ordinary skill in the art.

[0077] Advantages of the Present Invention

[0078] The present invention overcomes the above-mentioned disadvantages, deficiencies, and limitations associated with existing card renewal solutions.

[0079] The present invention establishes a secure and timely renewal process for debit / credit / smart cards, ensuring that the transition from the old card to the new card occurs seamlessly and without compromising the security of the cardholder's financial information.

[0080] The present invention develops an automated machine that minimizes human intervention in the card renewal process, reduces the chance of errors, and improves overall efficiency. This automation simplifies the renewal workflow from card deactivation to the delivery of the new card to the cardholder.

[0081] The present invention has a security mechanism for promptly deactivating the existing card at expiration, thereby reducing the vulnerability window associated with traditional renewal processes. This minimizes the opportunity for unauthorized access or misuse during the transition period.

[0082] The present invention implements robust privacy protection measures and data security protocols throughout the card renewal process. This eliminates the risks associated with the exposure of cardholder details, ensuring that sensitive information remains confidential and protected from unauthorized access.

[0083] The present invention establishes an effective communication channel between banking institutions / card issuers and cardholders, providing real-time renewal of the card renewal process.

[0084] The present invention has a user-friendly interface for the cardholder to effortlessly manage and monitor the card renewal process.

Claims

1. A card renewal machine (100) comprising: A card reader (104) configured to receive and extract one or more card details related to a card inserted into the machine (100); And A processing device (102) in communication with a central server (202), the central server (202) being associated with one or more card issuers (204), the processing device (102) being operably coupled to the card reader (104), wherein the processing device (102) is configured to: Receive from the card reader (104) the extracted card details related to the inserted card; Based on the extracted card details, retrieve from the central server (202) one or more user (208) details of the registered user (208) associated with the inserted card; Based on the extracted card details and / or the retrieved user (208) details, authenticate the inserted card and the registered user (208) using one or more authentication modes; and Extract the expiration date of the received card from the extracted card details and correspondingly mark the received card as an expired card at the end of the expiration date; Wherein the machine (100) is configured to destroy or deactivate the inserted card and generate a new card when the inserted card expires or when a card renewal request is received from an authenticated user (208).

2. The card renewal machine (100) according to claim 1, wherein, The machine (100) includes a punching device (106) operably coupled to the processing device (102), wherein the processing device (102) is configured to, when the card expires and / or when the card renewal request for destroying the card is received, actuate the punching device (106) to receive the card from the card reader (104) and further punch one or more holes in the chipset area or the magnetic stripe area of the card, Wherein the machine (100) is configured to transfer the card with perforations to an expired card collection tray enclosed within the machine (100).

3. The card renewal machine (100) according to claim 1, wherein, The card renewal machine (100) includes a card printing and embossing device (108), the card printing and embossing device (108) being operably coupled to the processing device (102), wherein the processing device (102) is configured to, when a card renewal request is received from the authenticated user (208), actuate the card printing and embossing device (108) to receive the new card from a card container storing one or more new cards and print and / or emboss at least one of one or more new card details and / or the user (208) details of the registered user (208) on the new card.

4. The card renewal machine (100) according to claim 3, wherein, The machine (100) includes a ejector (110), the ejector (110) being configured together with the card printing and embossing device (108) and operably coupled to the processing device (102), wherein the processing device (102) is configured to actuate the ejector (110) to eject the printed and / or embossed card from the machine (100) to the registered user (208).

5. The card renewal machine (100) according to claim 3, wherein, The processing device (102) is configured to map the one or more new card details with the user (208) details of the registered user (208), and correspondingly send the mapped data to the central server (202), wherein the central server (202) or the one or more card issuers (204) update the card details of the old card by using the mapped data or the one or more new card details.

6. The card renewal machine (100) according to claim 3, wherein, The machine (100) includes a human-machine interface (HMI) (112), and the human-machine interface (HMI) (112) includes an input unit and a display unit, which are operatively coupled to the processing device (102), wherein the HMI (112) is configured to allow the registered user (208) to send the card renewal request to the processing device (102) and facilitate the completion of authentication during the one or more authentication modes.

7. The card renewal machine (100) according to claim 4, wherein, The card renewal machine (100) includes a housing that houses one or more components of the card renewal machine (100), wherein the housing includes: A card insertion slot that allows the user (208) to insert the card to be renewed into the machine (100), wherein the card reader (104) is positioned within the housing, behind or near the card insertion slot, to receive the inserted card; and A card ejection slot that allows the new card to be ejected from the machine (100) into a tray, wherein the card printing and embossing device (108) and the ejector (110) are positioned within the housing, behind or adjacent to the card ejection slot.

8. The card renewal machine (100) according to claim 6, wherein, The processing device (102) is configured to: When the card is inserted into the machine (100), generate and display on the HMI (112) a request for the user (208) to input a unique PIN associated with the card, wherein the HMI (112) allows the user (208) to input the PIN; And Compare the input PIN with a pre-stored registered PIN associated with the corresponding card, and authenticate the card and the user (208) correspondingly based on a positive match between the input PIN and the pre-stored registered PIN.

9. The card renewal machine (100) according to claim 8, wherein, The processing device (102) is configured to: Based on the positive match, generate and send a unique one-time password (OTP) to the registered mobile device (206) associated with the registered user (208) of the inserted card, wherein the HMI (112) allows the user (208) to input the OTP; Compare the input OTP with the sent OTP to authenticate the corresponding user (208); and Based on the positive authentication of the user (208), print the new card and allow the user (208) to collect the printed new card from the machine (100).

10. The card renewal machine (100) according to claim 8, wherein, The processing device (102) is configured to generate an alarm and eject the inserted card from the card renewal machine (100) based on a negative match between the input PIN and the pre-stored registered PIN.

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