Systems and methods for financial transaction through miniaturized card with ASIC
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United States of America Patent
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Apr 28, 2015
Grant Date -
Apr 19, 2012
app pub date -
Jan 21, 2011
filing date -
Oct 13, 2010
priority date (Note) -
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Abstract
A card reader device is provided with a housing having a slot for swiping a magnetic stripe of a card to complete a financial transaction between a buyer and seller. A read head is in the housing reads data stored on the magnetic stripe and produces a signal indicative of data stored on the magnetic stripe. An output jack is adapted to be inserted into a microphone input associated with a mobile device for provides the signal indicative of data stored on the magnetic stripe to the mobile device. A sourcing power device couples to an audio jack of the mobile device and sources power from the mobile device through the audio jack.
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