METHOD AND APPARATUS FOR PROVIDING REAL TIME MUTABLE CREDIT CARD INFORMATION AND FOR PROVIDING SLEEP MODE FUNCTIONALITY

摘要

A method for using a smartcard is provided. The smartcard may include a microprocessor chip, a button, a dynamic transaction authorization number, a Bluetooth low energy (“BLE”) device. The smartcard may also include a battery. The battery may be configured to power the BLE and the microprocessor chip. The smartcard may also include memory. The memory may be configured to store the dynamic transaction authorization number. The smartcard may also include a dynamic magnetic strip. The dynamic magnetic strip may include a digital representation of the dynamic transaction authorization number. The method for using a smartcard may include pressing the button. The method may also include transmitting an instruction to a smartphone for a request for a dynamic transaction authorization number. The transmission of an instruction may be in response the pressing of the button. The method may also include receiving a dynamic transaction authorization number from a smartphone.

主权项

1. A smartcard apparatus comprised of:
a microprocessor chip; a button; a preliminary dynamic transaction authorization number; and a Bluetooth low energy device (“BLE”) which is configured to:
transmit an instruction to a smartphone for a request for a dynamic transaction authorization number, said dynamic transaction authorization number that replaces the preliminary dynamic transaction authorization number when the button is depressed;receive the dynamic transaction authorization number from a smartphone; a battery configured to power the BLE and the microprocessor chip; memory configured to store the dynamic transaction authorization number; and a dynamic magnetic strip comprising a digital representation of the dynamic transaction authorization number; a sleep mode, the smartcard being configured to enter the sleep mode after a predetermined time period of inactivity.