List of patents
Pre-configurable Payment Cards For Financial Transactions.
- Mrs. Swarna Kumari Adari
- Mrs. Swarna Kumari Adari
- IN201741028509
- India
- yes
- IT
- 10/08/2017
- listing
- The present existing problems payment cards are: The time required per transaction at the ATM or the PoS or cash dispenser machines is more. An elderly person may not remember the operations to be performed at different locations all the time say at the ATM or the PoS or the cash dispenser machine. Less security features. Existing method of cash withdrawal is tedious in nature and time consuming. The present invention provides: >Reduced time per transaction at ATMs or PoS machines or cash dispenser machines. >Reduced number of operations per transaction at the ATMs or the PoS machines or the cash dispenser machines. >Faster transaction at an automatic transaction processing unit. >Card comprises a dial/lock/numbers comprising a plurality ofselectable/configurable numbers. >Card includes a display illustrating a plurality of selectable numbers. >Card includes at least one replaceable and/or rechargeable battery to power the display. >Resets the dial/lock/numbers of new and technically advanced payment card after a successful transaction. >Reads the selectable dial/lock/numbers of new and technically advanced card.
Abstract
The present disclosure relates to pre-configurable payment cards that allows faster financial transactions such as cash withdrawals or cash deposits and the like at an automated teller machine (ATM) or a cash dispenser machines or Point-Of-Sale (PoS) machines. In an aspect, a payment card is configured with a selectable numerals/numbers. A cardholder can pre-set/configure an amount that needs to be withdrawn or deposited, by arranging/selecting the numbers provided on the card. In another aspect, a payment card configured with a display/user interface, a numeric keypad, motion sensors or solar panels, electrical circuitry for conversion of motion/kinetic or solar energy into electrical energy, and a rechargeable battery. Once the user inserts the card into an ATM and enters authentic PIN, the ATM reads the pre-configured amount and completes the transaction based on the arranged/selected the numbers provided on the card.
