METHOD FOR INDUCTIVE TRANSMISSION OF DIGITAL PAYBEAM DATA Russian patent published in 2016 - IPC G07F19/00 

Abstract RU 2574117 C1

FIELD: information technology.

SUBSTANCE: method for inductive transmission of digital data comprises receiving, from a computer system, data from a magnetic stripe containing payment card data; processing the received data and generating high-power magnetic pulses containing the processed magnetic stripe data; transmitting said pulses, which are then received by the reading head of a magnetic card reading device, wherein the digital data transmission device is provided with an inductor.

EFFECT: providing universal data transmission for making payments using magnetic card readers without the client physically possessing said cards.

32 cl, 5 dwg

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RU 2 574 117 C1

Authors

Martsenjuk-Kukharuk Aleksej Anatol'Evich

Dates

2016-02-10Published

2014-07-17Filed