Abstract: A system for effecting electronic payments via multiple payment schemes from a single payment integrated circuit (IC) card includes a payment IC card conforming to a payment card standard, the payment IC card being issued with a plurality of primary account numbers (PANs) from the payment card standard; a wallet server storing account details of one or more payment schemes with which a user has an account; and a vendor payment system configured to accept transactions using the payment card standard. The payment IC card is operable to transact with the vendor payment system using the payment card standard. The vendor payment system is operable to provide to the wallet server one of the PANs issued to the payment IC card to effect a financial transaction via one of the payment schemes with which the user has an account.

Abstract: The present invention is directed to a smartcard that enables a one-time pin code offline security authentication with a card reader. This is achieved by generating a one-time pin code when the user inputs their pin code. The inputted pin code is encrypted and matched with the encrypted user correct pin code. If there is a match the one-time pin code is stored in memory and the transaction can proceed.

Abstract: A system for effecting electronic payments via multiple payment schemes from a single payment integrated circuit (IC) card includes a payment IC card conforming to a payment card standard, the payment IC card being issued with a plurality of primary account numbers (PANs) from the payment card standard; a wallet server storing account details of one or more payment schemes with which a user has an account; and a vendor payment system configured to accept transactions using the payment card standard. The payment IC card is operable to transact with the vendor payment system using the payment card standard. The vendor payment system is operable to provide to the wallet server one of the PANs issued to the payment IC card to effect a financial transaction via one of the payment schemes with which the user has an account.