A personalized electronic transaction card

Details A personalized electronic transaction card A personalized electronic transaction card

G - Physics

06

K

G06K 19/00 (2006.01)

Patent

CA 2516351

A duel-position-multi-magnetic strip electronic (or other data storage medium strip) transaction card that has the same length and width, in its usable positions, as the current standard debit, credit, or consumer reward cards and which contains 2 to 8 independently encodable magnetic strips (or other data storage medium strip) all of which are of standard length and width as current debit, credit, or consumer reward cards and, with respect to the magnetic strips only, each strip can be used individually in current magnetic strip readers, automatic bank machines, hand held debit or credit card readers or any other similar point of sale debit/credit card machine, using existing standard data encryption protocols and the existing invoice processing of debit/credit/rewards charges related to a consumer's sale transactions to achieve the desired transaction of the consumer. One card will be able to replace up to eight standard debit, credit or consumer reward cards.

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