CARDS AND DEVICES WITH MULTIFUNCTION MAGNETIC EMULATORS AND METHODS FOR USING SAME
A payment card (e.g., credit and/or debit card) is provided with a magnetic emulator operable of communicating information to a magnetic stripe reader. Information used in validating a financial transaction is encrypted based on time such that a validating server requires receipt of the appropriate encrypted information for a period of time to validate a transaction for that period of time. Such dynamic information may be communicated using such an emulator such that a card may be swiped through a magnetic stripe reader—yet communicate different information based on time. An emulator may receive information as well as communicate information to a variety of receivers (e.g., an RFID receiver).
1 - 5 . (canceled)
6 . A device comprising:
a magnetic emulator; and
a processor, wherein said magnetic emulator is operable to electrically couple, and communicate data to, a read-head located on a magnetic stripe reader, said magnetic emulator is operable to electrically couple, and communicate data to a communications receiver that is not a magnetic-stripe reader, said processor provides a first control signal to said magnetic emulator to provide data to said read-head, and said processor provides a second control signal to said magnetic emulator to provide data to said non-magnetic stripe reader.
7 . The device of claim 6 , further comprising a plurality of flexible layers of circuit board.
8 . The device of claim 6 , further comprising a flexible layer of circuit board.
9 . The device of claim 6 , further comprising a second magnetic emulator.
10 . The device of claim 6 , wherein said magnetic emulator is operable to receive data from an encoding head of said magnetic stripe reader.
11 . The device of claim 6 , further comprising a button.
12 . The device of claim 6 , further comprising a magnetic stripe encoding receiver operable to receive data from an encoding head of said magnetic stripe reader.
13 . The device of claim 6 , further comprising a battery.
14 . The device of claim 6 , wherein said non-magnetic stripe reader is an RFID receiver.
15 . The device of claim 6 , further comprising a read-head detector for detecting said read-head.
16 . The device of claim 6 , further comprising an RFID field detector.
17 . The device of claim 6 , further comprising:
a read-head detector; and
an RFID field detector.
18 . The device of claim 6 , further comprising:
a first magnetic shielding located about said magnetic emulator; and
a second magnetic shielding located about said magnetic emulator.
19 . A device comprising:
a magnetic emulator, wherein said magnetic emulator is operable to electrically couple, and communicate data to, a read-head located on a magnetic stripe reader; and
a processor for controlling said magnetic emulator, wherein said magnetic emulator is operable to communicate said data to said read-head while located outside of said magnetic stripe reader at a distance of at least a quarter of an inch from said read-head.
20 . The device of claim 19 , further comprising:
a source of energy; and
a regulator for regulating said source of energy, wherein said regulated energy is utilized by said magnetic emulator.
21 . The device of claim 19 , wherein said communicated data includes a dynamic payment number and a dynamic code.
22 . The device of claim 19 , further comprising a button.
23 . The device of claim 19 , further comprising a battery.
24 . The device of claim 19 , further comprising:
a battery; and
a button.
25 . The device of claim 6 , wherein said magnetic emulator includes a coil.
26 . The device of claim 6 , further comprising a magnetic shielding located about said magnetic emulator.
27 . The device of claim 19 , further comprising a magnetic shielding located about said magnetic emulator.
28 . The device of claim 19 , further comprising:
a first magnetic shielding located about said magnetic emulator; and
a second magnetic shielding located about said magnetic emulator.
29 . The device of claim 6 , wherein said device is a wireless communications device.
30 . The device of claim 19 , wherein said device is a wireless communications device.
31 . The device of claim 6 , wherein said device is a portable telephonic device.
32 . The device of claim 19 , wherein said device is a portable telephonic device.
33 . A portable telephonic device comprising:
a magnetic emulator; and
a processor, wherein said magnetic emulator is operable to electrically couple, and communicate data to, a read-head located on a magnetic stripe reader, said magnetic emulator is operable to electrically couple, and communicate data to a communications receiver that is not a magnetic-stripe reader, said processor provides a first control signal to said magnetic emulator to provide data to said read-head, and said processor provides a second control signal to said magnetic emulator to provide data to said non-magnetic stripe reader.
34 . A portable telephonic device comprising:
a magnetic emulator, wherein said magnetic emulator is operable to electrically couple, and communicate data to, a read-head located on a magnetic stripe reader; and
a processor for controlling said magnetic emulator, wherein said magnetic emulator is operable to communicate said data to said read-head while located outside of said magnetic stripe reader at a distance of at least a quarter of an inch from said read-head.