Magnetic stripe-based transactions using mobile communication devices
Magnetic stripe-based transaction enabled mobile communication device embodiments are presented which generally involve a mobile communication device which has been configured to perform transactions that heretofore were completed using a magnetic stripe found on magnetic-stripe cards. In one general embodiment, a mobile communication device generates magnetic stripe data which is used to perform a magnetic stripe-based transaction. To this end, the mobile communication device includes a magnetic stripe device and a computing device. The computing device stores the magnetic stripe data, and the magnetic stripe device is employed to transfer the stored magnetic stripe information so that it can be used to conduct transactions as if a traditional magnetic stripe card were being used.
Microsoft Corporation
G
G06Q
inventional
Aman Suman Michel Nissanka Arachchige Bodhi Jie Dimitrios
Kansal Nath Goraczko Priyantha Liu Lymberopoulos