Transaction chip incorporating a contact interface
A transaction chip can exchange information with a chip card during a payment transaction. The transaction chip can incorporate a processing unit, a memory device, a contact interface and power and communication circuitry. The transaction chip can acquire payment information from the chip card when the EMV chip of the chip card is interfaced with the power and communication circuitry of the transaction chip via the contact interface. The transaction chip can also process the acquired payment information and transmit the processed payment information to a point-of-sale application of a merchant device via a wireless
1. A transaction chip to exchange information with a chip card, the transaction chip comprising:
a processing unit;
at least one memory device connected to the processing unit, the at least one memory device including computer readable instructions;
a contact interface connected to the processing unit, the contact interface comprising a plurality of pins, wherein the plurality of pins includes an input/output pin, a power supply pin, a reset pin, a clock pin, a ground pin, and a programming voltage pin;
power and communication circuitry connected to the plurality of pins, the power and communication circuitry configured to interface with an EMV chip of the chip card;
the processing unit, the at least one memory device, the contact interface and the power and communication circuitry being incorporated in the transaction chip;
a wireless interface connected to the processing unit, the wireless interface comprising circuitry to interface with a wireless communication device; and
the computer readable instructions, when interpreted by the processing unit, cause the processing unit to:
acquire payment information from the chip card when the EMV chip is interfaced with the power and communication circuitry;
process the acquired payment information; and
transmit the processed payment information to a point-of-sale application of a merchant device via the wireless communication device.
2. The transaction chip of claim 1 , wherein the plurality of pins includes at least one auxiliary pin.
3. The transaction chip of claim 1 , wherein the power and communication circuitry comprises a voltage interface connected to the power supply pin, a reset interface connected to the reset pin, a clock interface connected to the clock pin, an input/output interface connected to the input/output pin, a ground interface connected to the ground pin, and a programming interface connected to the programming voltage pin.
4. The transaction chip of claim 3 , wherein the input/output interface comprises a monitoring system.
5. The transaction chip of claim 4 , wherein the monitoring system comprises a reader communication circuit and a card communication circuit.
6. The transaction chip of claim 1 , further comprising:
a cryptographic processing unit connected to the processing unit; and
a cryptographic memory device connected to the cryptographic processing unit, the cryptographic memory including instructions, when interpreted by the cryptographic processing unit, to perform cryptographic operations.
7. The transaction chip of claim 6 , wherein the cryptographic memory further includes instructions, when interpreted by the cryptographic processing unit, to provide encryption techniques for one or more of processing payments or accessing account and processing information.
8. The transaction chip of claim 6 , wherein cryptographic operations include one or more of encrypt, decrypt, sign or verify a signature upon receipt of information during a payment transaction.
9. The transaction chip of claim 1 , wherein the computer readable instructions, when interpreted by the processing unit, cause the processing unit to receive a message from the point-of-sale application at the wireless interface and facilitate processing of a payment transaction based on the received message.
10. The transaction chip of claim 1 , wherein the computer readable instructions, when interpreted by the processing unit, cause the processing unit to generate a response message based on the processing of the acquired payment information and to transmit the response message to the point-of-sale application.
11. The transaction chip of claim 1 , wherein the computer readable instructions, when interpreted by the processing unit, cause the processing unit to control operation of the wireless communication device.
12. The transaction chip of claim 1 , further comprising a signal conditioning device configured to receive and condition signals sent from a contactless interface.
13. A payment reader having a slot to receive a chip card with an EMV chip, the payment device comprising:
a wireless communication device; and
a reader chip comprising:
a processing unit;
at least one memory device connected to the processing unit, the at least one memory device including computer readable instructions;
a contact interface connected to the processing unit, the contact interface comprising a plurality of pins, wherein the plurality of pins includes an input/output pin, a power supply pin, a reset pin, a clock pin, a ground pin, and a programming voltage pin;
power and communication circuitry connected to the plurality of pins, the power and communication circuitry configured to interface with the EMV chip of the chip card when the chip card is inserted in the slot of the payment reader;
the processing unit, the at least one memory device, the contact interface and the power and communication circuitry being incorporated in the reader chip;
a wireless interface connected to the processing unit, the wireless interface comprising circuitry to interface with the wireless communication device; and
the computer readable instructions, when interpreted by the processing unit, cause the processing unit to:
acquire payment information from the chip card when the chip card is inserted in the slot of the payment reader;
process the acquired payment information; and
transmit the processed payment information to a point-of-sale application of a merchant device via the wireless communication device.
14. The payment reader of claim 13 , wherein the reader chip further comprises a plurality of contact lines connecting the plurality of pins and the processing unit.
15. The payment reader of claim 13 , wherein the power and communication circuitry comprises a voltage interface connected to the power supply pin, a reset interface connected to the reset pin, a clock interface connected to the clock pin, an input/output interface connected to the input/output pin, a ground interface connected to the ground pin, and a programming interface connected to the programming voltage pin.
16. The payment reader of claim 15 , wherein the voltage interface, the reset interface, the clock interface, the input/output interface, the ground interface, and the programming interface are located in the slot of the payment reader.
17. The payment reader of claim 13 , wherein the reader chip further comprises:
a cryptographic processing unit connected to the processing unit; and
a cryptographic memory device connected to the cryptographic processing unit, the cryptographic memory including instructions, when interpreted by the cryptographic processing unit, to perform cryptographic operations.
18. The payment reader of claim 17 , wherein the cryptographic memory further includes instructions, when interpreted by the cryptographic processing unit, to provide encryption techniques for one or more of processing payments or accessing account and processing information.
19. The payment reader of claim 17 , wherein cryptographic operations include one or more of encrypt, decrypt, sign or verify a signature upon receipt of information during a payment transaction.
20. The payment reader of claim 13 , wherein the computer readable instructions, when interpreted by the processing unit, cause the processing unit to receive a message from the point-of-sale application at the wireless interface and facilitate processing of a payment transaction based on the received message.
21. The payment reader of claim 13 , wherein the computer readable instructions, when interpreted by the processing unit, cause the processing unit to generate a response message based on the processing of the acquired payment information and to transmit the response message to the point-of-sale application.
22. The payment reader of claim 13 , further comprises a contactless interface and wherein the reader chip comprises a signal conditioning device configured to receive and condition signals sent from the contactless interface.
23. The payment reader of claim 13 , further comprises a wired interface, wherein the reader chip further comprises a wired communication interface connected to the wired interface.
24. The payment reader of claim 23 , wherein the computer readable instructions, when interpreted by the processing unit, cause the processing unit to control operation of the wireless communication device and the wired interface.