Patent ID: 8899483
Filing Date: 2014-12-02
Classification: G06K,G06Q

Abstract:
1. A mobile device activation system for Point of Sale (POS) transactions comprised of a.) a Mobile Device with computer processing capabilities and user-input capabilities, selected from the group consisting of a smartphone, a handheld or worn touchscreen device (a smart watch or a tablet) and a mobile Electronic Fob device; b.) one or more magnetic reed switches, reed relay switches or a Resonant Inductive Coupling Sensors (electrodynamic induction receiver coils) embedded within said mobile device or externally connected thereto, c.) a Point of Sale (POS) Activation Device containing a permanent magnet and/or an electromagnet which generates a magnetic field and, when coupled with said mobile device, triggers the one or more magnetic switches or sensors embedded within the mobile device to cause switching or electromagnetically induced modulation of an electronic circuit within the mobile device signaling the mobile device's operating system or software to, in preparation for use in a POS transaction, launch at least one of: a desired user interface, a token-handshake-interface, an NFC transceiver, an on-screen token display, a camera scan or a microphone scan for acquiring a token presented by the merchant or for presenting a token to the merchant.