Browse Prior Art Database

Personal Transaction Card

IP.com Disclosure Number: IPCOM000039879D
Original Publication Date: 1987-Aug-01
Included in the Prior Art Database: 2005-Feb-01
Document File: 2 page(s) / 50K

Publishing Venue

IBM

Related People

Loew, C: AUTHOR

Abstract

A personal transaction card having a built-in keyboard, display, microprocessor and solar cell power source is disclosed. The personal transaction card serves as a remote input console to a self-service machine, such as an automatic teller machine or inquiry terminal. Being a personal card, the authorized holder of the card can enter the input data required for a transaction into the card well in advance of (Image Omitted) performing the transaction at the self-service terminal. Such advance data entry has the advantages of increasing privacy and reducing the length of time required at the self-service terminal to execute a transaction.

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Personal Transaction Card

A personal transaction card having a built-in keyboard, display, microprocessor and solar cell power source is disclosed. The personal transaction card serves as a remote input console to a self-service machine, such as an automatic teller machine or inquiry terminal. Being a personal card, the authorized holder of the card can enter the input data required for a transaction into the card well in advance of

(Image Omitted)

performing the transaction at the self-service terminal. Such advance data entry has the advantages of increasing privacy and reducing the length of time required at the self-service terminal to execute a transaction. Instead of standing in line and waiting to begin the transaction directly at the self-service terminal, the desired transaction is key entered into the card by the user at a convenient prior time and location. The consumer then approaches a self-service terminal with which to consummate the transaction. Just prior to inserting the already loaded transaction card into the self-service terminal, the consumer authorizes the transaction by entering a personal identification number into the card. The card is then inserted into the self-service terminal where it is read and the transaction completed. Fig. 1 shows the top surface of the transaction card 11. The transaction card 11 has a liquid crystal display 13 and an array of solar cells 15 to provide power. Also, a series of elastic diaphragm switch keys 17 through 19 are provided for entering the transaction. The back side of the transaction card has a magnetic stripe 21 (Fig. 2) for use...