Patent ID: 11861593
Assignee: WELLS FARGO BANK, N.A.
Field: IT methods for management (Electrical engineering)
Classification: CPC G | IPC G

Claim 0:
1. A method of updating a payment card at a card recycler system comprising a sensor, user interface, removal mechanism, processing circuit, coupling tool, card writer, payment parts inventory and dispenser, the method comprising:
storing, by the card recycler system, a plurality of payment parts in the payment parts inventory;
receiving, in the card recycler system, the payment card of a user, wherein the payment card includes a payment part, and the payment part is one of: a magstripe or an integrated circuit chip;
obtaining, by the sensor, account data of the user from the payment part and physical characteristics of the payment part;
receiving, by the user interface, a security input from the user;
identifying, by the processing circuit, an account of the user in a database using the security input and the account data;
verifying, by the processing circuit, the security input based on the account;
obtaining, by the processing circuit, based on the physical characteristics of the payment part and the account, a first replacement payment part from the plurality of payment parts stored in the payment parts inventory, wherein the first replacement payment part comprises encrypted data and is one of: a replacement magstripe or a replacement integrated circuit chip;
removing, by the removal mechanism, the payment part from the payment card;
installing, by the coupling tool, the first replacement payment part in the payment card;
decrypting, by the card writer, the encrypted data from the first replacement payment part using a decrypting key;
updating, by the card writer, the decrypted data based on the account;
re-encrypting, by the card writer, the updated decrypted data using an encryption key; and
dispensing, by the dispenser, the payment card.