Patents Assigned to International Card Technology
  • Patent number: 6138917
    Abstract: A transaction card includes at least two read-only magnetically encoded stripes encoding different data in accordance with standard data encryption protocols readable by conventional transaction card reading systems. The stripes are associated with areas of the card which may have different indicia, such as, for example, being different colors or different textures. In accordance with one embodiment, superimposed upon the card may be two sets of printed indicia including, for example, the transaction card number, the expiration date and the name of the card user. One set of the printed indicia is inverted with respect to the other set so as to indicate to the user which one of the magnetic stripes is being processed. In this way, magnetically encoded information on the same transaction card may be segregated at the point of sale.
    Type: Grant
    Filed: May 20, 1998
    Date of Patent: October 31, 2000
    Assignee: International Card Technology
    Inventor: Stephen R. Chapin, Jr.
  • Patent number: 5984191
    Abstract: A transaction card includes at least two read-only magnetically encoded stripes encoding different data in accordance with standard data encryption protocols readable by conventional transaction card reading systems. The stripes are on opposite sides of the card adjacent the same edge of the card. In accordance with one embodiment, superimposed upon the card are two sets of printed indicia including, for example, the transaction card number, the expiration date and the name of the card user. The indicia may be placed on the same side of the card or on opposite sides of the card. In this way, magnetically encoded information on the same transaction card may be segregated at the point of sale. The transaction card is readable by standard, existing readers and the information is processed for invoicing by standard processing systems to preferably generate a single statement with two groups of charges, one relating to each magnetically encoded stripe.
    Type: Grant
    Filed: August 6, 1997
    Date of Patent: November 16, 1999
    Assignee: International Card Technology
    Inventor: Stephen R. Chapin, Jr.
  • Patent number: 5883377
    Abstract: A transaction card includes at least two read-only magnetically encoded stripes encoding different data in accordance with standard data encryption protocols readable by conventional transaction card reading systems. The stripes are associated with areas of the card which may have different indicia, such as, for example, being different colors or different textures. In accordance with one embodiment, superimposed upon the card may be two sets of raised printed indicia including, for example, the transaction card number, the expiration date and the name of the card user. One set of the raised printed indicia is inverted with respect to the other set so as to indicate to the user which one of the magnetic stripes is being processed. In accordance with another embodiment, only one set of raised letters is used; the other set being flush with the surface of the card if there are two sets. In this way, magnetically encoded information on the same transaction card may be segregated at the point of sale.
    Type: Grant
    Filed: November 20, 1995
    Date of Patent: March 16, 1999
    Assignee: International Card Technologies, Inc.
    Inventor: Stephen R. Chapin, Jr.