Paypal, Inc.

Gordon Lo

Satish Narayan Govindarajan

Carlos Manuel Rivas

Guhan Senguttuvan

Anantharaj Uruthiralingam

Tinyen Hwang Shih

Alan Jeung

Jeffrey G Hirsch

A wearable device receives authentication information from a user. In response to verifying the authentication information, the wearable device provides the user with access to one or more payment capabilities of the wearable device. In response to determining that the wearable device has been switched into an open state, the wearable device removes access to the one or more payment capabilities of the wearable device.

Wearable payment device

Systems and methods for electronic fobs that communicate via short range communications protocols to conduct transactions with a nearby device are provided. Such electronic fobs may use electronic tokens to conduct electronic transactions, such as payment transactions. Account data may be stored within a secure element of the electronic fob. Electronic tokens may also be stored by the secure element. Using such data and/or tokens, electronic fob may write electronic tokens to be used in electronic transactions. Also, such electronic fobs may also be used to perform other tasks and interface with other devices.

Electronic transaction fobs

Electronic wrist band

Growing community of inventors

Fremont, CA, United States of America

Gordon Lo