IP Library › Granted Patent US 7,597,264
Granted Patent B2
US 7,597,264 · App. 11/551,063 · Granted Oct 6, 2009

Presentation instrument with non-financial functionality

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Quick Facts
Patent No.
US 7,597,264
App. No.
11/551,063
Granted
Oct 6, 2009
Kind
B2
Abstract

Systems and methods provide multi-use electronic payment arrangements to consumers for executing electronic payment transactions. Embodiments of these payment arrangements may offer added convenience and security for consumers and merchants by integrating payment devices with more useful presentation instruments.

Claims (45)

1. A multi-use electronic payment arrangement comprising:

a presentation instrument made at least in part of a first material;

a payment device integrated with the presentation instrument and comprising a transceiver configured for use with an electronic payment system, such that the transceiver is adapted to communicatively couple the payment device with the electronic payment system;

a mechanical device integrated with the presentation instrument and configured to perform a mechanical function; and

a shield operable to shield the transceiver from electromagnetic exposure to an information appropriation system and to house the mechanical device when the shield is engaged, wherein the shield is interfaced with the payment device such that the payment device can be communicatively coupled with the electronic payment system only when the shield is disengaged, and the shield is configured to be engaged for the mechanical device independent of the shield being engaged for the payment device.

2. The arrangement recited in claim 1 , wherein at least one of the payment device or the mechanical device is rotably coupled with the presentation instrument.

3. The arrangement recited in claim 1 , wherein at least one of the payment device or the mechanical device is slidably coupled with the presentation instrument.

4. The arrangement recited in claim 1 , wherein at least one of the payment device or the mechanical device is removably coupled to the presentation instrument.

5. The arrangement recited in claim 1 , wherein the mechanical device comprises a second material different from the first material.

6. The arrangement recited in claim 1 , wherein the shield farther shields the payment device from physical exposure.

7. The arrangement recited in claim 1 , wherein the payment device comprises a magnetic material configured to provide transaction information to the electronic payment system.

8. The arrangement recited in claim 1 , wherein the shield is integrated with the presentation instrument.

9. The arrangement recited in claim 1 , wherein the shield is integrated with the mechanical device.

10. The arrangement recited in claim 1 , further comprising a second payment device wherein the second payment device is integrated into the shield.

11. The arrangement recited in claim 1 , wherein the mechanical device comprises at least one of a letter opener, a writing tip, a multi-function tool, a money clip, a tape measure, a key, a clothing item, or a clothing accessory.

12. A multi-use electronic payment arrangement comprising:

a presentation means;

a first payment means integrated with the presentation means and comprising a transceiving means for communicating transaction information with a first electronic payment system;

a second payment means integrated with the presentation means for communicating transaction information with a second electronic payment system;

a mechanical means integrated with the presentation means and configured to perform a mechanical function; and

a shielding means for shielding the first transceiving means from electromagnetic exposure to an information appropriation system when the shielding means is engaged.

13. The arrangement recited in claim 12 , wherein at least one of the payment means or the mechanical means is integrated with the presentation means via an integration means.

14. The arrangement recited in claim 12 , wherein the second payment means is susceptible to electromagnetic exposure when the when the shielding means is engaged.

15. A multi-use electronic payment arrangement comprising:

a presentation instrument made at least in part of a first material;

a first payment device integrated with the presentation instrument and comprising a transceiver configured for use with an electronic payment system;

a second payment device configured for use with an electronic payment system;

a container opener integrated with the presentation instrument; and

a shield operable to shield the second payment device from electromagnetic exposure to an information appropriation system when the shield is engaged, wherein the transceiver is integrated with the presentation instrument external to the shield.

16. The arrangement recited in claim 15 , wherein the container opener comprises a bottle opener.

17. The arrangement recited in claim 15 , wherein the container opener comprises a letter opener.

18. The arrangement recited in claim 15 , wherein the container opener is removably coupled with the presentation instrument.

19. The arrangement recited in claim 15 , wherein the container opener comprises a material different from the first material.

20. The arrangement recited in claim 15 , wherein the shield further shields the payment device from physical exposure.

21. The arrangement recited in claim 15 , wherein the payment device comprises magnetic material configured to provide transaction information to the electronic payment system.

22. The arrangement recited in claim 15 , wherein the payment device is a payment means.

23. The arrangement recited in claim 15 , wherein the shield is integrated with the mechanical device.

24. A method for using a multi-use electronic payment arrangement, the method comprising:

providing the multi-use electronic payment arrangement comprising

a presentation instrument made at least in part of a first material,

a payment device integrated with the presentation instrument and comprising a first transceiver configured for use with a first electronic payment system,

a second transceiver configured for use with a second electronic payment system,

a mechanical device integrated with the presentation instrument and configured to perform a mechanical function; and

a shield operable to shield the first transceiver from electromagnetic exposure to an information appropriation system when the shield is engaged, and is operable to shield the mechanical device regardless of whether the shield is engaged to shield the first transceiver; and

receiving payment transaction information from the first transceiver when the shield is not engaged.

Assignments (8)
TERMINATION AND RELEASE OF SECURITY INTEREST IN PATENT RIGHTS Recorded Aug 19, 2019
From: WELLS FARGO BANK, NATIONAL ASSOCIATION
To: FIRST DATA CORPORATION; DW HOLDINGS, INC.; FIRST DATA RESOURCES, INC. (K/N/A FIRST DATA RESOURCES, LLC); FUNDSXPRESS FINANCIAL NETWORKS, INC.; INTELLIGENT RESULTS, INC. (K/N/A FIRST DATA SOLUTIONS, INC.); LINKPOINT INTERNATIONAL, INC.; MONEY NETWORK FINANCIAL, LLC; SIZE TECHNOLOGIES, INC.; TASQ TECHNOLOGY, INC.; TELECHECK INTERNATIONAL, INC.
Reel/Frame 050090/0060 →
TERMINATION AND RELEASE OF SECURITY INTEREST IN PATENT RIGHTS Recorded Aug 19, 2019
From: WELLS FARGO BANK, NATIONAL ASSOCIATION
To: FIRST DATA CORPORATION; DW HOLDINGS, INC.; FIRST DATA RESOURCES, LLC; FUNDSXPRESS FINANCIAL NETWORK, INC.; FIRST DATA SOLUTIONS, INC.; LINKPOINT INTERNATIONAL, INC.; MONEY NETWORK FINANCIAL, LLC; SIZE TECHNOLOGIES, INC.; TASQ TECHNOLOGY, INC.; TELECHECK INTERNATIONAL, INC.
Reel/Frame 050091/0474 →
TERMINATION AND RELEASE OF SECURITY INTEREST IN PATENT RIGHTS Recorded Aug 19, 2019
From: WELLS FARGO BANK, NATIONAL ASSOCIATION
To: FIRST DATA CORPORATION
Reel/Frame 050094/0455 →
RELEASE OF SECURITY INTEREST Recorded Jul 30, 2019
From: CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH
To: CARDSERVICE INTERNATIONAL, INC.; DW HOLDINGS INC.; FIRST DATA CORPORATION; FIRST DATA RESOURCES, LLC; FUNDSXPRESS, INC.; INTELLIGENT RESULTS, INC.; LINKPOINT INTERNATIONAL, INC.; SIZE TECHNOLOGIES, INC.; TASQ TECHNOLOGY, INC.; TELECHECK INTERNATIONAL, INC.; TELECHECK SERVICES, INC.
Reel/Frame 049902/0919 →
SECURITY AGREEMENT Recorded Jan 31, 2011
From: DW HOLDINGS, INC.; FIRST DATA RESOURCES, LLC; FUNDSXPRESS FINANCIAL NETWORKS, INC.; FIRST DATA SOLUTIONS, INC.; LINKPOINT INTERNATIONAL, INC.; MONEY NETWORK FINANCIAL, LLC; SIZE TECHNOLOGIES, INC.; TASQ TECHNOLOGY, INC.; TELECHECK INTERNATIONAL, INC
To: WELLS FARGO BANK, NATIONAL ASSOCIATION, AS COLLATERAL AGENT
Reel/Frame 025719/0590 →
SECURITY AGREEMENT Recorded Nov 17, 2010
From: DW HOLDINGS, INC.; FIRST DATA RESOURCES, INC. (K/N/A FIRST DATA RESOURCES, LLC); FUNDSXPRESS FINANCIAL NETWORKS, INC.; INTELLIGENT RESULTS, INC. (K/N/A FIRST DATA SOLUTIONS, INC.); LINKPOINT INTERNATIONAL, INC.; MONEY NETWORK FINANCIAL, LLC; SIZE TECHNOLOGIES, INC.; TASQ TECHNOLOGY, INC.; TELECHECK INTERNATIONAL, INC.
To: WELLS FARGO BANK, NATIONAL ASSOCIATION, AS COLLATERAL AGENT
Reel/Frame 025368/0183 →
SECURITY AGREEMENT Recorded Oct 31, 2007
From: FIRST DATA CORPORATION; CARDSERVICE INTERNATIONAL, INC.; FUNDSXPRESS, INC.; LINKPOINT INTERNATIONAL, INC.; TASQ TECHNOLOGY, INC.; TELECHECK SERVICES, INC.; DW HOLDINGS, INC.; FIRST DATA RESOURCES, INC.; INTELLIGENT RESULTS, INC.; SIZE TECHNOLOGIES, INC.; TELECHECK INTERNATIONAL, INC.
To: CREDIT SUISSE, CAYMAN ISLANDS BRANCH, AS COLLATERAL AGENT
Reel/Frame 020045/0165 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Jan 8, 2007
From: NEWBROUGH, KEITH A.; ROBBINS, PETER C.
To: FIRST DATA CORPORATION
Reel/Frame 018723/0826 →