There is provided a physical redemption device such as a card and a system for purchasers to buy cryptocurrencies through a digital sale system. Cards are printed and packaged using a printer system to include a (secret) unique redemption code in a tamper resistant/tamper evident manner as well as a viewable unique verification code. The cards are distributed through retailers, similar to gift cards, for redemption via an online store or mobile application. Retailers activate the cards for purchasing. The redemption process is provided by an electronic interface (e.g. software system) that provides access to buy a cryptocurrency, preferably from among many different kinds of cryptocurrencies. Redemption uses the respective redemption code applied to each card. The verification code may be used to verify the authenticity and redeemability of the card prior to or after purchase.

Method for cash card payment in a payment station for debit and credit cards. The invention is characterised in that the cash card (1) comprises a processor and is caused to store a unique identity associated with a money amount, which exists at a money institution (3), such as a central bank, or which is caused to be transferred from a bank account or the corresponding, to the money institution, in that the transferred amount is caused to be stored on the cash card (1), in that the amount lacks a connection to the proprietor of the cash card except via the said identity, in that, at payment using the cash card (1), the amount to be paid is caused to be transferred, together with the said identity, from the cash card (1) to a payment terminal (5) comprising the said payment station, in that the payment terminal (5) is caused to store the paid amount together with the said identity and that a remaining amount after payment is counted down on the cash card and is stored on the cash card, and in that the payment terminal (5) is caused to activate the money institution (3) to transfer, using the identity, the amount to be paid using the cash card (1) to an account (7) belonging to the point of sale where the payment terminal (5) is located.

A credit card shaped element with a dynamic stripe which may be activated or deactivated, where the stripe is formed by a plurality of coils provided along the curve thereof, where the plurality of coils are activated in a sequential manner, where a plurality of proximity sensing coils are provided in series along the curve thereof, where the plurality of coils are formed by one coil contacted at multiple positions along its length by contact pads and where the signals fed to the coils cause an output of a reader coil to output a signals with a minimum slope or where one signal fed to one track has no peaks when the other signal is close to zero.

According to embodiments, systems and methods for tracking gift card usage improve the speed and efficiency of anomalous transaction detection. Individual transaction data is enriched to form parent records that include indicators that the card is being used outside of established usage criteria or in a way that is otherwise abnormal. Machine learning can improve upon anomalous transactions more quickly using this enriched, parent-level information.

Provided is a computer-implemented method for detecting potential money laundering activities. The method may include determining an overall transaction product category risk score for each transaction product category of a plurality of transaction product categories, where the overall transaction product category risk score is based on transaction data, a transaction product category risk score associated with the at least one issuer institution for each transaction product category, an issuer institution risk score associated with the at least one issuer institution, and a geographic risk score associated with the at least one issuer institution, determining an overall issuer institution risk score associated with the at least one issuer institution, determining whether the overall issuer institution risk score satisfies a threshold value, generating a notification, and communicating the notification to a client device based on generating the notification. A system and computer program product are also disclosed.

An account is managed using information read from a dual frequency transponder. Information stored on the dual frequency transponder can be read by a NFC-enabled device and by a UHF RFID reader. The information links, corresponds, or otherwise provides access to account information stored at a remote server. For example, a NFC-enabled device can read the information from the dual frequency transponder and use that information to enable instant and on-the-spot recharging of a toll account. In addition, a UHF RFID toll reader can scan information from the dual frequency transponder and use that information to debit toll charges from the correct toll account. The dual frequency transponder can be embedded in a license plate and read using a reader placed in the road. Additionally, the transponder can be configured to function at the correct frequency only when a valid vehicle registration sticker is applied to the license plate.

A method and system for communicating transactional data determines gift card data from a gift card offered for sale by a customer and customer information about the customer from an identity document of the customer. The gift card data is associated with the customer information. A balance of the gift card is determined based at least partly on the gift card data. A purchase offer for purchasing the gift card from the customer is calculated based at least partly on the balance. If the balance of the gift card changes, a fraud alert may be associated with the customer information of the customer.

A method and a system convert the value of a gift card for use with a mobile device. The value of the gift card is determined from an issuer of the gift card. The value of the gift card is stored in a digital payment account in a storage device. The digital payment account stores values of gift cards from issuers. A financial transaction corresponding to the issuer of the gift card is performed on the digital payment account. The value of a first gift card from a first issuer of a first digital payment account is exchanged with the value of a second gift card from a second issuer of a second digital payment account.

A wholesale gas discount card system allows an oil company to provide a uniform percentage discount across regions where the wholesale price per gallon varies and at the same time allows consumers to get a discount on the retail price per gallon of gas. The wholesale gas discount card system operates as a subscription system in which only subscribing consumers are able to receive discounts at participating retail gas stations. The discount is based upon a predetermined amount of the wholesale price component of the retail gas price per gallon, for example 5%. The percentage wholesale price discounts can vary depending on the gasoline type, i.e. regular, mid-range, premium and diesel. In this way, a wholesaler can control their price margin across regions with varying wholesale price components per gallon. Participating consumers can download a software application onto their smart phone that provides the locations of participating retail gas stations in a given area and the discounted retail gas prices per gallon. Once a retail station is selected, the consumer inserts a discount credit card into the gas dispenser. The system uses the account information from the credit card and the location of the gas pump to process the transaction as the consumer pumps gas into their vehicle. The gas is charged to their credit account. Based upon a predetermined discount, the total discounted cost of the transaction is determined back office and credited on the consumer's account and optionally displayed on the pump.

The reusable printed card is a physical card such as a greeting card, postcard or business card, with an embedded RFID chip, specifically NFC (Near Field Communication), and a QR (Quick Response) Code, wherein the contents, such as text messages, photos, and audio-visual contents composed or arranged by the sender can be read and then be modified, to reuse it, eventually by the recipient using one's personal NFC-enabled device such as smartphone, or tablet. The computer application residing on the central server identifies the content and card information via the NFC or QR Code that is transmitted via the recipient's personal device through the internet, then simulating the printed card and displaying the actual contents on the personal device upon scanning the card. The history of the contents of each card is kept and are readily available for the sender's and recipients' memory-sake and for social media purposes under the sender's and recipient's account stored on the central server, and/or in their personal devices' local storage in the case of business card information for instance.