The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Mar. 14, 1995
Filed:
Nov. 22, 1993
Kallis H Mannik, Webster, NY (US);
Other;
Abstract
The Third Millenium credit card according to the present invention has magnetically into it written instead of only one expiration date, multiple expiration dates and multiple shopping hour periods, which are selected daily by means of erasing magnetic marking for one of these dates and by means of erasing magnetic marking for one of the shopping periods by the legitimate card user. The erased magnetic markings are rewritten into the credit card in any point of sales scanning device during the regular shopping procedure. These rewritten markings are again erased selectively day by day by the legitime card user, during the next time cycle of the credit card (week, 2 weeks or a month) according to this invention, as shown in FIG. 16. Thus the credit card according to this invention is continuously rejuvenated. The selective erasing of magnetic markings is done by the card user by means of a business card case like device which has a movable magnet built into it for erasing one date-mark each day. The erasure is completed by closing this card case for only two secunds.