Trackable Transaction Card Onboarding via Mobile Scan
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Solution Overview
Problem
Existing card-based transaction systems are cumbersome for new users to adopt and use, especially since many point of sale terminals do not accept payment instruments other than traditional cards, limiting the adoption of cardless transaction solutions.
Innovation Solution
A system that allows for the onboarding of trackable transaction cards using a mobile device, where the card's information is scanned using optical glyphs or NFC tags, enabling instant account generation and profile creation without manual input, allowing immediate use and tracking of transactions.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Ease of operation
If cardless transaction solutions are implemented, then user convenience is improved, but compatibility with existing POS terminals deteriorates
Solution Approach 1:
The solution segments the transaction process into two parts: cardless transactions for compatible modern terminals, and card-based transactions for legacy terminals. The system allows users to switch between transaction modes based on terminal capability, maintaining convenience where possible while ensuring broad compatibility.
Solution Approach 2:
The patent introduces an intermediary card component that bridges the gap between cardless and card-based systems. The card stores transaction information and can be read by traditional POS terminals, enabling cardless-style transactions (where the card is not swiped but information is read) while maintaining compatibility with legacy infrastructure.
2Reliability
If manual account creation is required before card usage, then account security is improved, but onboarding time increases
Solution Approach 1:
The system performs preliminary actions by pre-configuring account information and card details before the user actually needs to use the card. Account creation is automated and occurs in the background, so when the user receives the card, the account is already set up and ready for immediate use without manual input.
Solution Approach 2:
The onboarding process is designed to be self-service oriented, where the system automatically creates accounts, links cards, and configures settings without requiring manual user input. The user simply receives the card and begins using it, with the system handling all account setup procedures automatically.
Applied Scientific Principles
This section explains which scientific principles are used to turn an abstract innovation direction into a practical engineering solution.
Function Achieved in This Case
This solution enhances processing speed, efficiency, and user flexibility by enabling card usage before account creation, with seamless tracking of transactions and automated profile access, improving the overall user experience and organizational efficiency compared to traditional methods.
Implementation Method 1
an optical sensor to scan the second optical glyph
Implementation Method 2
receive the second card identifier from NFC circuitry of the card
Data Source
AI summary
A transaction card associated with a payment service may be purchased by a customer without the customer having a user profile with the payment service. The user scans a card identifier from the transaction card or from the transaction card's packaging using a mobile device, which then sends the card identifier to the payment service. The payment service may use the card identifier to generate a user profile that the payment service can automatically link to the transaction card. The user can track transactions made using the transaction card via the user profile.