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US Patent 7571142 Credit card system and method

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Is a
Patent
Patent

Patent attributes

Patent Jurisdiction
United States Patent and Trademark Office
United States Patent and Trademark Office
Patent Number
7571142
Date of Patent
August 4, 2009
Patent Application Number
09506830
Date Filed
February 18, 2000
Patent Citations Received
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US Patent 12137088 Browser integration with cryptogram
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US Patent 12112313 Connected payment card systems and methods
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US Patent 12120117 Method and system for token provisioning and processing
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US Patent 12130937 Control tower for prospective transactions
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US Patent 11710119 Network token system
0
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US Patent 11714885 Encryption key exchange process using access device
0
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US Patent 11715097 Cloud-based virtual wallet NFC apparatuses, methods and systems
0
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US Patent 11756114 Data control tower
...
Patent Primary Examiner
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Frantzy Poinvil
Patent abstract

A credit card system is provided which has the added feature of providing additional limited use credit card numbers and/or cards. These numbers and/or cards can be used for a single or limited use transaction, thereby reducing the potential for fraudulent reuse of these numbers and/or cards. The credit card system finds application to “card remote” transactions such as by phone or Internet. Additionally, when a single use or limited use credit card is used for “card present” transactions, so called “skimming” fraud is eliminated. Various other features enhance the credit card system which will allow secure trade without the use of elaborate encryption techniques. Methods for limiting, distributing and using a limited use card number, controlling the validity of a limited use credit card number, conducting a limited use credit card number transaction and providing remote access devices for accessing a limited use credit card number are also provided.

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