34 results about "MasterCard" patented technology

The Customer Activated Multi-Value (CAM) card provides a customer with a primary use as a transaction card which can be further activated to have a secondary use as a credit card. The CAM card can be activated as a transaction card or as a transaction card with a credit card feature. Activation of the CAM card as a transaction card allows the customer to purchase goods and services from one specific vendor and to establish a relationship with that vendor for the goods or services rendered (for example, telephone calling card or gasoline product purchasing card) while enjoying reward benefits based on those purchases. Activation of the credit feature of the card allows the customer to interact with any merchant that accepts traditional credit cards such as VISA®, MASTERCARD®, AMERICAN EXPRESS®, or DISCOVER®. The combination of features allows a customer to purchase various goods and services from several different merchants. If the customer chooses to activate the CAM card as both a transaction card and a credit card, the customer is given the benefit of using the card in both manners described above.

In transactions between a consumer and a merchant (or other third party) using services of a payment provider (e.g., credit card company, or financial services provider), methods and systems are provided for enabling any third party to accept chip and PIN payment and payment provider services using a payment provider device that is enabled using the third party's own application (referred to herein as “app”) and not the app of the payment provider. Enabling a merchant to accept chip and PIN payments usually requires the merchant to certify (accredit) their application (e.g., a point-of-sale (POS) system) end to end with the payment providers (e.g., Visa, MasterCard). A software development kit (SDK) modification to the application allows the merchant to accept chip and PIN cards the without the need to certify the application. The SDK includes the functionality that needs to be certified, and certifies it once with a service provider.

A mobile scanner gun system processes a POS sale transaction and performs real-time daily store level inventory management. The system includes a main body portion extending toward a handle portion and forms an interior cavity and an aperture with a lens. A plurality of Universal Serial Bus (USB) mobile input devices are attached to the mobile scanner gun, including a barcode scanner and payment card input devices including a “Magnetic Stripe Reader” (MSR) and a “Europay, MasterCard and Visa” (EMV) reader, both with USB access to a PIN Entry Device (PED) and a “Near Field Communications” (NFC) reader through a specialized universal serial bus wiring harness. The specialized universal series bus wiring harness is adapted to be attached to and communicate with the mobile tablet device for communicating with a system integrated therein that enables store level real-time inventory management and a fully functioning POS capability for selling merchandise in a retail sales environment. A main Printed Circuit Board (PCB) having a previously programmed Electrically Erasable Programmable Read-Only Memory (EEPROM) controlling all MSR, EMV or NFC operations through the corresponding payment card input devices of each. When a customer payment card is swiped through the MSR slot or dipped into EMV reader or tapped on the NFC reader for payment card processing, customer payment is processed through the proper secured bank card processing network.

In one example aspect, an integrated point of sale (POS) mobile device includes a mobile-device processor; a secure payment processor; a memory, coupled to the mobile device-processor and the secure payment processor, for storing executable instructions that comprise a mobile-device payment system and a set of payment data; a glass film film (GFF) touch sensor, wherein the GFF touch sensor can be drivers by a secure-touch integrated circuit (IC) that encrypts any touch data going to the secure payment processor; an EMV (Europay, MasterCard, and Visa) card reader system; an NFC (Near field communication) reader system; a Magnetic stripe reader (MSR); a housing comprising the mobile-device processor, the secure payment processor; the memory, the EMV (Europay, MasterCard, and Visa) card reader system, the NFC (Near field communication) reader system, the Magnetic stripe reader (MSR); a mobile-device payment system receiving input from the EMV card reader system, the MSR system, and the NFC reader system; and a security mesh comprising the secure payment processor.

In an on-street parking meter system supporting multiple payment tools and signal transmission method thereof, parking meters spaced along streets are divided into multiple groups, each of which includes a main parking meter and multiple secondary parking meters, all of which are equipped with an all-in-one contactless card reader unit compatible with prepaid card, Visa Wave card and MasterCard PayPass card, and a remotely controllable pay-by-phone unit allowing a user to pay by phone. In each group, the main parking meter is provided with both long-range and short-range wireless communication units for bidirectional communication with a back-end parking charge management system and the secondary parking meters, respectively; while the secondary parking meters each are provided with only a short-ranged wireless communication unit for bidirectional communication with the main parking meter. Therefore, the parking meters have small size and reduced power consumption to enable reduced labor cost for replacing batteries thereof.

The invention provides a system and method for sending money, locally or internationally, which method includes the steps of, issuing a sender of money with a virtual (credit or debit) card number and a card expiry date, communicating to the intended recipient of the money the virtual card number and card expiry date, presenting the virtual card number and, optionally, the card expiry date, to any merchant with a point-of-sale terminal that is capable of processing credit and/or debit card transactions, processing a key-entered purchase or cash-back transaction, on the point-of sale terminal by keying in the virtual card number provided by the recipient into the point-of-sale, optionally together with the card expiry date and the amount, processing, also known as authorizing, settling and clearing, with a virtual card system, the key-entered transaction by credit and/or debit card transaction clearing means so that the funds are cleared as available to the merchant, and the merchant paying the cleared amount to the recipient, optionally less a processing fee charged to the recipient. The credit and/or debit card accepting terminal also accepts Visa, MasterCard, American express, Diners Club, Discover, JCB, Relation Card and/or CUP credit or debit cards.

The invention discloses a method for realizing an ISO7816 protocol with a UART (universal asynchronous receiver/transmitter) of a low-cost MCU (micro-control unit), which comprises a character frame transmitting module and a character frame receiving module. The transmitting module is used for transmitting data according to a frame format of the ISO7816 protocol through the UART of the MCU or by a software to control GPIO (general purpose input/output), and is used for processing error signals of a smart card to initiate a retransmission operation. The receiving module is used for sampling data transmitted to the smart card through the UART of the MCU and performing even parity check for the sampled data, if verification fails, the error signals are triggered, and the smart card is informed to retransmit the data, otherwise, the receiving module is used for converting the received data and transmitting the converted data to an upper-layer protocol. The realization method is practically verified and passes through EMV (Europay+MasterCard+Visa) authentication of the China UnionPay testing center.

Advantageously, the invention is a true competitor for money transfer systems, such as Western Union, Bitcoin, Swift, Visa, MasterCard, etc. The invention is the example of the economy going cashless and killing money transfers as a class. Conventional digital transactions facilitate electronic payment, such as money transfers, payment card charges, e-commerce transactions and any other types of transaction. However, in multiple circumstances, payees may be unbanked people (e.g. children that need money to buy something) or may have no payment card (e.g. may lost card), while payment card fund transfers may be expensive, time-consuming, and cumbersome for financial institutions. Thus, there is need for an improved approach. The invention discloses an automated digital method of providing or sharing access to a payment card and/or similar financial account or a non-payment card and/or similar non-financial account or non-card product, transacts between individuals or legal entities without physical transmission of a payment card, non-payment card, non-card product or its credentials, even without a recipient of an access having a payment card and/or financial account or a non-payment card and/or similar non-financial account or non-card product, particularly by providing or sharing access to a payment card and/or similar financial account or a non-payment card and/or similar non-financial account or non-card product of a sender.

The invention discloses a personalized IC (integrated circuit) card issuing device and a method. The device comprises a file input module and a card issuing script generating module, wherein the file input module is used for performing corresponding analysis and reconstitution operation of data elements for different inputted card making files according to EMV (Europay, Mastercard and VISA) personalized specifications, and generating and outputting data in a data packet identification format according to the personalized data elements to be written into IC cards, and the card issuing script generating module generates and outputs card issuing scripts according to the data outputted by the file input module, wherein the data are in the data packet identification format. The personalized data of the IC cards are processed into the format with unified specifications, accordingly, work efficiency and quality are greatly improved, simultaneously, the personalized data are organized simply in an interface manner, provided issuing functions are complete, operation is flexible, operation results are accurate, and card writing requirements of clients of banks are greatly met.

A dynamic transaction card with EuroPay-Mastercard-Visa (“EMV”) technology that includes an EMV interface connecting EMV contacts and an EMV processor to enable a multifunctional dynamic transaction card. A method of manufacturing a dynamic transaction card with an EMV interface connecting EMV contacts and an EMV processor. A dynamic transaction card with an EMV interface may be manufactured using a separate printed circuit board (PCB) layout with EMV contact patterns placed into the top surface of a molding to create the dynamic transaction card. The edges of the EMV contact patterns would be incorporated through holes, which are trimmed to scallops, to allow for surface mounting. The EMV interface may then include a connection between the EMV contact patterns and the EMV microprocessor such that the EMV microprocessor does not have to be placed directly beneath the EMV contact patterns.

My pin driven CRE & MCPC system will consolidate rewards and credit & debit cards of each member into a single high security micro chip personal card that can be used at all vendors where these credit & debit cards are accepted. The CRE & MCPC card will be used as a traditional credit/debit card by inserting it into the card terminal at any vendor that accepts credit/debit card, enter their 5 digit pin; select the card from their account to charged the purchase to (ie: 1=AMEX; 2=VISA; 3=MASTERCARD; 4=DISCOVER and so on for local store credit cards.) This MCPC system will give each member the option to split up the payment of a single purchase with more than one card in their CRE & MCPC account.

Members will also manage other aspect of rewards and credit/debit cards. Bill payment

A printed circuit board (“PCB”) with a power source. The PCB and power source combination may be inserted into a small electronic device, such as a dynamic transaction card, which may include a dynamic transaction card or a EuroPay-MasterCard-Visa (“EMV”) card. For example, a PCB may be manufactured to attach a battery as a power source to one side of a PCB such that the integrated battery directly connects with at least a portion of the PCB side. A rapid energy storage device may also be utilized as a power source. Energy may be harvested from an EMV terminal to charge or recharge a dynamic transaction card or EMV card powered by a rapid energy storage device when the card is inserted into the terminal.

A handheld point-of-sale (POS) terminal) is provided that has a housing, a touchscreen display on a face of the housing, and a credit card reader that is configurable for use disposed within the housing, the credit card reader including a first assembly comprising a mag stripe card reader and a second assembly comprising a Europay Mastercard Visa (EMV) reader, where the second assembly is coupled to the first assembly. The first assembly rotates about an axis perpendicular to a plane in which the assemblies are disposed to one of a plurality of angular positions, the plurality of angular positions indicating an offset angle of the first assembly relative to the second assembly, where the credit card reader is disposed within the housing in the one of the plurality of positions, and where the housing is configured to allow for access to credit card insertion points on the credit card reader.

A fixed point-of-sale (POS) terminal is provided that includes a mounting device for affixing the fixed POS terminal in a fixed location, a housing that is coupled the mounting device, a touchscreen display on a face of the housing, and a credit card reader that is configurable for use disposed within the housing. The credit card reader has a first assembly including a mag stripe card reader, and a second assembly including a Europay Mastercard Visa (EMV) reader, where the second assembly is coupled to the first assembly. The first assembly rotates about an axis perpendicular to a plane in which the assemblies are disposed to one of a plurality of angular positions, the plurality of angular positions indicating an offset angle of the first assembly relative to the second assembly, where the credit card reader is coupled to the housing in the one of the plurality of positions.