Patent ID: 8950670
Filing Date: 2015-02-10
Classification: G06K,G06Q

Abstract:
1. A method for converting a barcode media into a magnetic stripe media, the method comprising: reading data encoded on a barcode media using a barcode reader, wherein the data comprises information indicative of a transit purchase and an identifier of the barcode media; authenticating the barcode media by checking the identifier of the barcode media against a list of issued barcodes; determining that the barcode media is unused by checking the identifier of the barcode media against a list of used or unused barcode media; converting the data from the barcode media into magnetic data storable on a magnetic media; writing the magnetic data onto the magnetic media; distributing the magnetic media containing the magnetic data; and communicating information related to a conversion transaction, wherein the information related to the conversion transaction comprises an indication of the distribution of the magnetic media.