Wireless Payment Card Location via Mobile Device Antenna

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Solution Overview

Problem

Cardholders face difficulties in locating lost payment cards, as existing methods rely on retracing steps or contacting issuers, lacking a efficient tracking solution.

Innovation Solution

A system that enables wireless tracking of payment cards using mobile devices with embedded antennas and a card location server, allowing mobile devices to detect and report the location of lost cards to the server, which alerts the cardholder.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Loss of time

If cardholders manually retrace their steps or contact the issuer to find a lost card, then the card can potentially be located, but the process is time-consuming and inefficient

Engineering Contradiction:
Improvetime to locate lost cardVSAvoidease of locating lost card
Core Design Contradiction:
Loss of timeVSEase of operation

Solution Approach 1:

The patent introduces a server as an intermediary that receives signals from multiple mobile devices and processes location information. When a card is reported lost, the server coordinates the search by collecting data from various mobile devices in the area, eliminating the need for the cardholder to manually retrace steps or directly contact the issuer, thus reducing time loss and improving ease of operation

Inventive Principle:
Principle #24Intermediary (Mediator)

Solution Approach 2:

The system enables self-service by allowing any mobile device to automatically detect and report the presence of a lost card through wireless signals. The cardholder simply reports the card as lost through the application, and the system autonomously performs the location search using nearby mobile devices, freeing the cardholder from manual searching efforts

Inventive Principle:
Principle #25Self-service

2Productivity

If a wireless tracking system using mobile devices is implemented, then card location can be efficiently determined, but the system complexity increases

Engineering Contradiction:
Improveefficiency of card location trackingVSAvoidcomplexity of tracking system
Core Design Contradiction:
ProductivityVSDevice complexity

Solution Approach 1:

The patent leverages the universality of mobile devices, which already possess wireless communication capabilities and location services for other purposes. By repurposing these existing multi-functional devices for card tracking, the system achieves high productivity without requiring specialized tracking hardware, thus limiting the increase in system complexity

Inventive Principle:
Principle #6Universality (Multi-functionality)

Solution Approach 2:

The server acts as a centralized intermediary that manages the complexity of coordinating multiple mobile devices. It handles signal reception, data processing, and result delivery, allowing individual mobile devices to remain simple while achieving complex tracking functionality through the mediating server

Inventive Principle:
Principle #24Intermediary (Mediator)

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

Enables cardholders to efficiently locate their lost payment cards by leveraging the proximity of mobile devices to the cards, reducing the need for manual searches and issuer contact.

Implementation Method 1

a mobile device antenna wirelessly polls for the presence of a payment card. An identifier associated with the payment card is received with the antenna

Methodology Applied
Scientific EffectElectromagnetic radiation detection: Absorption (EM radiation)

Data Source

PatentUS10055968B2Payment card location method and apparatus
Publication Date: 2018.08.21 MASTERCARD INT INC
  • US10055968B2 patent drawing
  • US10055968B2 patent drawing
  • US10055968B2 patent drawing

AI summary

A system, method, and computer-readable storage medium configured to track the location of lost payment cards.