Cardlab Aps

Stratos Technologies, Inc.

Christopher Bartenstein

Thiago Olson

Henry Balanon

Frank Sandeløv

One variation of a method for controlling a dynamic transaction card includes: at a first time, accessing a first cryptogram; at a second time, establishing a wireless connection with a mobile computing device; in response to establishing the wireless connection with the mobile computing device, accessing a first token associated with the first cryptogram from the mobile computing device via the wireless connection; generating a first magnetic stripe sequence command representing the first cryptogram and the first token; and in response to detecting a magnetic stripe card reader proximal a magnetic stripe emulator integrated into the dynamic transaction card at a third time succeeding the second time, driving the magnetic stripe emulator according to the first magnetic stripe sequence command.

Method for encrypting transactions at a dynamic transaction card

One variation of a method for remotely controlling a payment card in real-time through a computing device includes: at the computing device, establishing a wireless connection with a payment card; over the wireless connection, receiving a first identifier of a first magnetic stripe card corresponding to a first magnetic stripe sequence command stored on the payment card; in response to receiving the first identifier of the first magnetic stripe card, rendering a first notification on a display of the computing device, the first notification indicating the first magnetic stripe card; and in response to receiving a selection for the first notification rendered on the display of the computing device, transmitting an instruction to the payment card, over the wireless connection, to emulate the first magnetic stripe card according to the first magnetic stripe sequence command during an upcoming transaction.

Method for remotely controlling a reprogrammable payment card

One variation of a method for controlling a reprogrammable payment card includes: at the payment card, establishing a wireless connection with a mobile computing device; receiving, over the wireless connection, a first magnetic sequence command corresponding to a first payment method, a first digital transaction credential corresponding to the first payment method, and a second magnetic sequence command corresponding to a second payment method; initiating a first mode; in the first mode, arming a controller within the payment card to drive a magnetic stripe emulator within the payment card according to the first magnetic sequence command; in the first mode, activating an integrated circuit within the payment card to broadcast the first digital transaction credential; and in the first mode, disabling operation of the magnetic stripe emulator and the integrated circuit in response to failure of a wireless connection with the mobile computing device.

Virtual wallet

One variation of a method for facilitating payment with a payment card includes: in response to an input on the surface of the payment card exceeding a first input threshold magnitude, transitioning from the off state into a primary payment mode; in the primary payment mode, activating a first timer of a first duration; in response to expiration of the first timer prior to a magnetic read head proximal the payment card, transitioning from the primary payment mode into a sleep state; in response to an input on the surface of the payment card exceeding a second input threshold in the sleep state, transitioning into a secondary payment mode; in the secondary payment mode, activating a second timer of a second duration less than the first duration; and driving a magnetic stripe emulator within the payment card according to a magnetic sequence command corresponding to a magnetic stripe card.

Growing community of inventors

Ann Arbor, MI, United States of America

Christopher Bartenstein