Patent ID: 11943007
Assignee: CAPITAL ONE SERVICES, LLC
Field: IT methods for management (Electrical engineering)
Classification: CPC G  H | IPC H

Claim 10:
11. A non-transitory, computer readable medium comprising instructions recorded thereon that, when executed by one or more processors cause operations comprising:
receiving, by a power receiver within a batteryless financial card, power wirelessly from an induction power pad of a merchant terminal external device for powering a controller, wherein the batteryless financial card further comprises a magnetic-stripe, and wherein the magnetic stripe is configured to transmit confidential account information during a swipe transaction;
establishing, by the batteryless financial card, a first wireless connection with a user device;
receiving, by the batteryless financial card through the first wireless connection, a token from the user device, wherein the token comprises an identifier substituting for the confidential account information that is transmitted to the batteryless financial card in response to the batteryless financial card being powered by the induction power pad;
establishing, by the batteryless financial card, a connection with the merchant terminal; and
transmitting, by the batteryless financial card, the token to the merchant terminal.