The invention relates to a card vending machine and a method for operating the same. The vending machine dispenses cards that contain electronically stored data, which are read in and processed by downstream systems, such as access control systems, vending systems, parking systems, and other systems. The vending machine is tamper-resistant and is equipped with a continuous glass panel, areas of which serve as a graphic user interface. The vending machine communicates with a central server.

A credit card or debit card includes at least one rotatable disk arranged onto a top face or a bottom face of the credit card or debit card; and one or more EMV chips arranged onto the at least one rotatable disk.

A method implemented on an augmented reality (AR) electronic device includes receiving a request to activate a transaction card account on a transaction card. The transaction card account is activated on the transaction card. A virtual representation of account information corresponding to the transaction card account is displayed on the AR electronic device. The exterior of the transaction card is free of account identifying information.

A portable consumer device may have money stored therein, which can be calculated using an accumulator record and an exception record. The accumulator record can be incremented by the amount of any initiated transaction using the portable consumer device. The exception record can be incremented by the amount of any completed transaction using the portable consumer device. The portable consumer device may also have a limit amount, to record the amount of money added. The records allow for a later reconstruction of the device history, and can account for any errors or problems during transactions.

The invention creates a method for loading an electronic amount of money represented as a random number sequence to a portable data carrier, with a conversion of the random number currency to the data carrier currency, and a disbursement of one or several money unit(s) from a portable data carrier, with a conversion of the data carrier currency to the random number currency.

The following processes are performed: a control process for issuing a VP card such that information on a card number is associated with information on at least a user ID, a value, and an expiration date, a control process for, regarding a VP card specified as a gift target by the first user, newly associating between the VP card and a user ID of the second user other than the first user, a process of setting a return condition regarding the VP card specified as a gift target, a control process for displaying information on usage status of the given VP card to the second user on condition that login with a user ID of the first user is completed, and a process of performing a control for at least invalidating the association between the virtual prepaid card and the user ID of the second user.

Techniques of detecting errors on a transaction channel. As described herein, nodes that perform actions of a transaction channel automatically generate reception records that memorialize receptions by the nodes of transaction items that represent financial transactions. These reception records can be analyzed to determine whether a node that performs an action in the transaction channel failed to receive a transaction item within an expected time. If a node that performs an action in the transaction channel failed to receive a transaction item within the expected time, an error remediation process may be performed.

A secure method of real time money transferring between account holders utilizes Near Field Communication (NFC) technologies, dynamic transaction cards, and a mobile application to facilitate a seamless mobile transfer of funds. The dynamic transaction card of the customer requesting to make the transfer of funds may be placed in contact with the second recipient dynamic transaction card of the customer receiving the funds transfer to establish an NFC connection. The dynamic transaction card requesting the transfer may receive, via the NFC antenna on the card, the recipient customer account information stored on a passive NFC tag. The dynamic transaction card requesting the transfer may transmit the recipient account information to a mobile application, which may transmit the recipient account information to an account provider system for facilitating the funds transfer.

Pre-authorized communication services and/or transactions are provided via a plurality of networks in response to a request received from a user to provide at least one of a communication service, a transaction and user account information via a plurality of networks of different types. Prior to processing the request, there is verification of the user's authorization to receive the at least one of the communication service, the transaction, and the user account information, and that an account associated with the user has a sufficient amount currently available for payment of the at least one of the communication service and the transaction. After verification, an authorized account associated with the user is charged in real time as the at least one of the communication service and the transaction is provided.

Provided is a wearable device, including a base configured to be worn by a user, at least one data element at least partially positioned on or within the base and programmed or configured to have account data stored thereon, and at least one antenna including an open circuit, the at least one antenna at least partially positioned on or within the base and configured to transmit at least a portion of the account data and receive at least a portion of transaction data from at least one target device when the open circuit of the antenna is closed and becomes powered by at least one power source. Other expressions are also disclosed.