Patent ID: 8690055
Filing Date: 2014-04-08
Classification: G06K,G06Q,G07F

Abstract:
1. An electronic card, comprising: a power source contained within the card; a user selection mechanism operable to allow a user to select a customization variable for a single transaction of the card; a processor for generating a transaction specific data packet that includes an account number and a customized number; and an electronic communication device operable to cause the data packet to be read by a read head of a magnetic strip reader; wherein the electronic communication device is operable to dynamically convey the transaction specific data packet to a read head of a magnetic card reader so that the transaction specific data packet is read by the read head; wherein the transaction specific data packet is dynamically generated for use by the card for the single transaction of the card and the customized number is determined based upon the customization variable selected by the user selection mechanism; and wherein the account number is a fixed number that can be used by the electronic card for a plurality of consecutive transactions of the card without changing and the customization variable may or may not change for any given transaction of said plurality of consecutive transactions depending upon a user selection for said any given transaction.