Patent ID: 9361613
Filing Date: 2016-06-07
CPC Classification: G06K,G06Q,G07F,H04B,H04L

Claim Text:
1. A system for a baseband near field magnetic stripe data transmitter comprising: a mobile phone comprising a payment wallet application and being configured to transmit a stream of pulses comprising magnetic stripe data of a payment card; a magnetic stripe transmission (MST) device comprising a driver and an inductor, wherein the MST device is configured to receive the stream of pulses from the mobile phone, to amplify and shape the received stream of pulses and to generate and emit high energy magnetic pulses comprising the magnetic stripe data of the payment card; wherein the inductor is driven by a series of timed current pulses that result in a series of high energy magnetic pulses that resemble the fluctuating magnetic field created by a moving magnetic stripe; and a payment button, wherein the payment button is programmed to be associated with a pre-selected payment card and wherein activating of the payment button initiates the emission of high energy magnetic pulses comprising the magnetic stripe data of the pre-selected payment card.