NZ511831A - Multiple scheme electronic cash system - Google Patents

Multiple scheme electronic cash system

Info

Publication number
NZ511831A
NZ511831A NZ511831A NZ51183199A NZ511831A NZ 511831 A NZ511831 A NZ 511831A NZ 511831 A NZ511831 A NZ 511831A NZ 51183199 A NZ51183199 A NZ 51183199A NZ 511831 A NZ511831 A NZ 511831A
Authority
NZ
New Zealand
Prior art keywords
purse
scheme
cash
value
smart card
Prior art date
Application number
NZ511831A
Inventor
John Wood
Brian Mckeon
Barry Hochfield
Original Assignee
Keycorp Ltd
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Priority claimed from AUPP7248A external-priority patent/AUPP724898A0/en
Priority claimed from GBGB9927002.7A external-priority patent/GB9927002D0/en
Application filed by Keycorp Ltd filed Critical Keycorp Ltd
Publication of NZ511831A publication Critical patent/NZ511831A/en

Links

Classifications

    • G—PHYSICS
    • G07—CHECKING-DEVICES
    • G07F—COIN-FREED OR LIKE APPARATUS
    • G07F7/00—Mechanisms actuated by objects other than coins to free or to actuate vending, hiring, coin or paper currency dispensing or refunding apparatus
    • G07F7/08—Mechanisms actuated by objects other than coins to free or to actuate vending, hiring, coin or paper currency dispensing or refunding apparatus by coded identity card or credit card or other personal identification means
    • G07F7/10—Mechanisms actuated by objects other than coins to free or to actuate vending, hiring, coin or paper currency dispensing or refunding apparatus by coded identity card or credit card or other personal identification means together with a coded signal, e.g. in the form of personal identification information, like personal identification number [PIN] or biometric data
    • G07F7/1008—Active credit-cards provided with means to personalise their use, e.g. with PIN-introduction/comparison system
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/30—Payment architectures, schemes or protocols characterised by the use of specific devices or networks
    • G06Q20/34—Payment architectures, schemes or protocols characterised by the use of specific devices or networks using cards, e.g. integrated circuit [IC] cards or magnetic cards
    • G06Q20/341—Active cards, i.e. cards including their own processing means, e.g. including an IC or chip
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/30—Payment architectures, schemes or protocols characterised by the use of specific devices or networks
    • G06Q20/34—Payment architectures, schemes or protocols characterised by the use of specific devices or networks using cards, e.g. integrated circuit [IC] cards or magnetic cards
    • G06Q20/357—Cards having a plurality of specified features
    • G06Q20/3572—Multiple accounts on card
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/30—Payment architectures, schemes or protocols characterised by the use of specific devices or networks
    • G06Q20/34—Payment architectures, schemes or protocols characterised by the use of specific devices or networks using cards, e.g. integrated circuit [IC] cards or magnetic cards
    • G06Q20/357—Cards having a plurality of specified features
    • G06Q20/3576—Multiple memory zones on card
    • G06Q20/35765—Access rights to memory zones
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/30—Payment architectures, schemes or protocols characterised by the use of specific devices or networks
    • G06Q20/36—Payment architectures, schemes or protocols characterised by the use of specific devices or networks using electronic wallets or electronic money safes
    • G06Q20/363—Payment architectures, schemes or protocols characterised by the use of specific devices or networks using electronic wallets or electronic money safes with the personal data of a user

Landscapes

  • Engineering & Computer Science (AREA)
  • Business, Economics & Management (AREA)
  • Accounting & Taxation (AREA)
  • Physics & Mathematics (AREA)
  • General Physics & Mathematics (AREA)
  • Computer Networks & Wireless Communication (AREA)
  • Strategic Management (AREA)
  • General Business, Economics & Management (AREA)
  • Theoretical Computer Science (AREA)
  • Microelectronics & Electronic Packaging (AREA)
  • Finance (AREA)
  • Financial Or Insurance-Related Operations Such As Payment And Settlement (AREA)

Abstract

A smart card is provided with an additional memory (an escrow purse) for electronic cash, which is not accessible to the user. When certain types of transactions are performed - for example, a transaction according to a different electronic cash scheme, or for a particular off-line party - the main card purse is debited, and the escrow purse credited. Thus, a more secure and flexible off-line transaction can be effected. During a transaction with a terminal the smart card determines the cash scheme supported by the terminal, which may be a scheme different from the scheme supported by the operating system of the card. The terminal requests, using the second scheme, a transfer of cash with the smart card and the smart card determines whether the value of cash requested is available in the main purse and only proceeds if the value is available. The smart card debits the value from the main purse, credits the value to the escrow purse, and transfers the value of the cash requested in the second scheme to the terminal. The terminal receives the cash according to the second scheme from the card, the main purse is debited according to the first scheme and a credit of the same value is placed in the escrow purse for later reconciliation.
NZ511831A 1998-11-20 1999-11-22 Multiple scheme electronic cash system NZ511831A (en)

Applications Claiming Priority (3)

Application Number Priority Date Filing Date Title
AUPP7248A AUPP724898A0 (en) 1998-11-20 1998-11-20 Multiple scheme electronic cash system
GBGB9927002.7A GB9927002D0 (en) 1999-11-15 1999-11-15 Multiple scheme electronic cash system
PCT/AU1999/001037 WO2000031685A1 (en) 1998-11-20 1999-11-22 Multiple scheme electronic cash system

Publications (1)

Publication Number Publication Date
NZ511831A true NZ511831A (en) 2002-09-27

Family

ID=25645932

Family Applications (1)

Application Number Title Priority Date Filing Date
NZ511831A NZ511831A (en) 1998-11-20 1999-11-22 Multiple scheme electronic cash system

Country Status (3)

Country Link
EP (1) EP1131783A4 (en)
NZ (1) NZ511831A (en)
WO (1) WO2000031685A1 (en)

Families Citing this family (3)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US8645267B2 (en) 2000-05-10 2014-02-04 Risible Enterprises Llc Using currency to purchase from sellers that do not recognize the currency
IES20020712A2 (en) * 2002-09-04 2004-03-10 Mainline Corporate Holdings A method and system for transferring funds
US7698185B2 (en) * 2005-04-28 2010-04-13 Loylogic, Inc. Methods and systems for generating dynamic reward currency values

Family Cites Families (7)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US4766293A (en) * 1986-06-26 1988-08-23 Visa International Service Association Portable financial transaction card capable of authorizing a transaction in foreign currencies
WO1990015382A1 (en) * 1989-05-31 1990-12-13 Datacard Corporation Microcomputer debit card
US5426281A (en) * 1991-08-22 1995-06-20 Abecassis; Max Transaction protection system
GB9121995D0 (en) * 1991-10-16 1991-11-27 Jonhig Ltd Value transfer system
EP0724238A1 (en) * 1995-01-24 1996-07-31 Europay International S.A. Card apparatus and cashless transaction system
NL1000352C2 (en) * 1995-05-12 1996-11-13 Nederland Ptt Electronic payment system with different units of account, electronic payment method and method for electronic payment.
GB2324898A (en) * 1997-05-03 1998-11-04 Plessey Telecomm Electronic purse

Also Published As

Publication number Publication date
EP1131783A1 (en) 2001-09-12
WO2000031685A1 (en) 2000-06-02
EP1131783A4 (en) 2003-03-12

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Legal Events

Date Code Title Description
PSEA Patent sealed