Transaction card with magnetic stripe emulator

Details Transaction card with magnetic stripe emulator Transaction card with magnetic stripe emulator

G - Physics

06

K

352/57

G06K 19/06 (2006.01) G06K 19/07 (2006.01) G07F 7/10 (2006.01)

Patent

CA 1252890

Abstract of the Disclosure TRANSACTION CARD WITH MAGNETIC STRIPE EMULATOR A transaction card is disclosed having a magnetic stripe emulator. The transaction card is adapted for use with presently available transaction terminals that include a sensor for reading a magnetic stripe. The subject card includes a transducer for generating a varying magnetic field corresponding to information typically encoded on a magnetic stripe. In operation, a microprocessor in the card extracts transaction data stored in a memory and supplies output signals to the transducer. The transducer generates a varying magnetic field corresponding to the transaction information which is read by the sensor in the transaction terminal.

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