18488167. WIRELESS DEVICES FOR STORING A FINANCIAL ACCOUNT CARD AND METHODS FOR STORING CARD DATA IN A WIRELESS DEVICE simplified abstract (Capital One Services, LLC)
Contents
- 1 WIRELESS DEVICES FOR STORING A FINANCIAL ACCOUNT CARD AND METHODS FOR STORING CARD DATA IN A WIRELESS DEVICE
- 1.1 Organization Name
- 1.2 Inventor(s)
- 1.3 WIRELESS DEVICES FOR STORING A FINANCIAL ACCOUNT CARD AND METHODS FOR STORING CARD DATA IN A WIRELESS DEVICE - A simplified explanation of the abstract
- 1.4 Simplified Explanation
- 1.5 Potential Applications
- 1.6 Problems Solved
- 1.7 Benefits
- 1.8 Potential Commercial Applications
- 1.9 Possible Prior Art
- 1.10 Original Abstract Submitted
WIRELESS DEVICES FOR STORING A FINANCIAL ACCOUNT CARD AND METHODS FOR STORING CARD DATA IN A WIRELESS DEVICE
Organization Name
Inventor(s)
Gregory Gannon of Montpelier VA (US)
WIRELESS DEVICES FOR STORING A FINANCIAL ACCOUNT CARD AND METHODS FOR STORING CARD DATA IN A WIRELESS DEVICE - A simplified explanation of the abstract
This abstract first appeared for US patent application 18488167 titled 'WIRELESS DEVICES FOR STORING A FINANCIAL ACCOUNT CARD AND METHODS FOR STORING CARD DATA IN A WIRELESS DEVICE
Simplified Explanation
The abstract describes a patent application for a computer-readable medium that generates a menu displaying representations of cards with associated data, allows selection of a card, updates the menu to display the selection, and authorizes transmission of the selected card's data for a transaction.
- The innovation involves a computer-readable medium that facilitates card selection and transaction completion.
- The processor generates a menu displaying card representations with associated data.
- Users can select a card using an input device, which updates the menu to display the selection.
- The selected card's data is then transmitted to complete a transaction.
Potential Applications
This technology could be applied in various industries such as finance, retail, and gaming for secure and efficient transaction processing.
Problems Solved
This technology streamlines the process of selecting and transmitting card data for transactions, reducing the risk of errors and enhancing user experience.
Benefits
The benefits of this technology include improved transaction efficiency, enhanced security, and a user-friendly interface for card selection.
Potential Commercial Applications
The technology could be utilized in online payment systems, e-commerce platforms, and digital wallet applications to simplify card selection and transaction processing.
Possible Prior Art
One possible prior art could be existing systems that allow users to select and transmit card data for transactions, but this innovation may offer improvements in terms of efficiency and security.
Unanswered Questions
How does the technology ensure the security of transmitted card data?
The technology may use encryption methods to secure the transmission of card data, but specific details on security measures are not provided in the abstract.
Are there any limitations to the types of cards that can be selected using this technology?
The abstract does not specify any limitations on the types of cards that can be selected, but further details on card compatibility could be useful for understanding the technology's scope.
Original Abstract Submitted
A non-transitory computer-readable medium stores instructions causing a processor to generate a menu displaying representations of a plurality of cards, the cards having associated card data; receive, from a user input device, a selection corresponding to a selected one of the cards; update the menu to display a representation of the selection; and authorize transmission of the card data associated with the selected card to complete a transaction.
