WO2017140921A1

WO2017140921A1 - Electronic means of payment

Info

Publication number: WO2017140921A1
Application number: PCT/ES2016/070101
Authority: WO
Inventors: José Antonio PÉREZ OJEDA
Original assignee: Pérez Ojeda José Antonio
Priority date: 2016-02-17
Filing date: 2016-02-17
Publication date: 2017-08-24

Abstract

The invention relates to a means of payment of a first financial entity in which instructions for access are programmed, bringing into contact the accounts of both the first entity where the electronic money is to be deposited and a second financial entity where the electronic money comes from. To this end, the means of payment according to the invention has data-carrying means containing data referring to the respective entities and data referring to the account holder in such a way that said means of payment can be used to carry out transactions between both entities.

Description

ELECTRONIC PAYMENT MEDIA

OBJECT OF THE INVENTION The invention falls within the technical field of electronic means of payment.

The object of the invention is directed to electronic means of payment that allow transactions between two different financial entities to be carried out.

BACKGROUND OF THE INVENTION

Electronic payment methods have evolved into many countries in the most widespread means of payment when making purchases or commercial transactions.

The credit card is a material identification instrument, which can be a plastic card with a magnetic stripe, a microchip and an embossed number. It is issued by a bank or financial entity that authorizes the person in whose favor it is issued, to use it as a means of payment in the businesses attached to the system, by signing and displaying the card. It is another form of financing, therefore, the user assumes the obligation to return the amount provided and to pay interest, bank fees and expenses.

Users have limits with respect to the amount they can charge according to the risk policy existing at any time and the personal and financial solvency characteristics of each user. It is generally not required to pay the total amount each month. Instead, the balance (or "revolving") accrues interest. You can make only a "minimum payment" as well as pay interest on the outstanding balance. If you pay The total balance, no interest is paid. The biggest advantage is the flexibility it gives the user, who can pay their balances in full on their monthly deadline or can pay a part. The card sets the minimum payment and determines the financing charges for the outstanding balance. Credit cards can also be used at ATMs or at a bank to use a cash advance, although unlike debit cards, an interest is charged on the provision, commission and, in some countries, a tax Because it is a loan. A credit card payment is a payment with M1 money, (credit money) which, like any monetary aggregate other than M0, is not created by central banks but by private banks or credit-giving stores. Therefore, making a credit card payment depends on the creditworthiness of the card issuer. That credit money is NOT from the person who owns the card, you have to pay it.

When paying by card at the store, the collector usually asks for an identification (personal identification, driving license, etc.) and requires the signature of the promissory note or ticket to prove that he owns the card. There are some exceptions where it is not requested to sign the receipt, this system is called "authorized without signature" and is often used in shops with large crowds, such as cinemas, fast food restaurants and other similar places. In some countries, the entry of a PIN is requested to authorize purchases in person or the contactless technology system is used by bringing the card closer to the point of sale terminal for identification and depending on the amount or not to enter the PIN.

Therefore a credit card is a card that allows you to have a credit account, provided by the issuing entity. That means that if you are a cardholder of these characteristics you can make payments or get money, up to a certain limit, without having to have funds in your bank account at that time. That is the main difference with debit cards. In return, you have to return the money you have used, in the expected deadlines. You should keep in mind that not all credit cards are issued by a credit institution or payment entity. Many banks offer it without having a current account open in them by turning the receipts corresponding to the current account and entity indicated. In the case of those issued by financial credit institutions or payment institutions, it will always be so, since they cannot open current accounts to the public. The characteristics of the credit cards and their ease of use advise calling attention to the fact that using a credit card has the same consequences as having any credit or financing modality.

Therefore, it entails an obligation to return the money and pay the interest. Credit limit and exceeded: entities usually set a maximum credit limit for each category of card ("normal", "silver", "gold", ..., according to the most common denominations). That limit can be modified. The entities can adjust it, taking into account their risk policy and the personal and economic solvency characteristics of each client, notifying it. You can also request to change your credit limit. If you want to download it, the entity will not hit you. If you want to upload it, you will need your authorization. The credit limit means that the entity will not pay payments above the set amount. However, I could accept that you exceed the limit. In that case, the so-called or exceeded account arise, which you must return along with the interest and fees that must be provided in the card contract.

On the other hand, a debit card is an 8.5 χ 5.3 cm plastic bank card with a magnetic stripe on the back (and an electronic chip is currently also included) that stores information about access data, name and account number of the holder, used to carry out with it active financial operations (increase the balance), liabilities (decrease the balance) or neutral (do not increase or decrease the available balance). In this type of card the money that is used is the one that is taken to debit of which the holder It has in your bank account and not the one that the bank lends you as it happens with credit cards. Some banks make agreements with their clients to allow them to extract money in short, generating a loan with their respective interests.

The debit card is a card used to use the funds deposited in the checking or other account to which it is associated. Therefore, if you are the holder of a debit card, you must also be the holder of the account although the holder of the same can also request another card for a beneficiary against your associated account. Initially, debit cards could only be used to withdraw money at offices and ATMs, as well as to check balances and account movements. At present, they can also be used to make payments in shops. In both cases (withdrawal of money or payment in commercial establishments), the operation is instantly registered in your account. That is the main difference with credit cards.

If you make a payment or withdraw cash with your debit card, the operation is registered simultaneously in the associated account, and therefore you should worry about having enough money in it. If there are no funds, the banking entity, if it decides freely, could anticipate the amount needed to make the payment, but keep in mind that in that case an overdraft will occur in the account and you will have to return the advance and pay the corresponding interest , bank commissions and expenses. The logical limit of a debit card is the money that the associated account has. However, it is very common that for security reasons, the entities, according to their client, set a daily limit, especially for the withdrawal of funds from ATMs for security reasons. Also known are the so-called purse cards, which are called prepaid cards and allow them to make payments, usually small amounts, or get money up to the amount that the holder has delivered previously to the banking entity or electronic money entity that issues it, by cash deposit or by debiting your account. Once the amount is exhausted, they can be recharged by a new payment from the owner. The amount that can be stored on these cards is usually small and is an electronic substitute for coins and banknotes

Commercial cards are those credit cards issued by commercial establishments (therefore not by a banking entity), such as large supermarkets, chain stores, etc., and which are used exclusively to make purchases of items in the establishments that have issued them and up to the agreed limit. However, in some countries, an important part of the large shopping centers work, together with a credit institution, this entity being the issuer of the card and not the shopping center.

Affinity or loyalty cards can be issued by commercial or service establishments (eg airlines) and with them points are accumulated that are used to request discounts on the purchase of the items or payment of the establishment's services transmitter. However, "Affinity" are also credit cards issued by banks, under denominations that are non-governmental organizations, charities, sports clubs, etc. whose use results in the issuing entity delivering to those associations or organizations a part of the amount of the transaction.

Currently, financial cards with added technology such as magnetic stripe, chip, NFC, etc. (debit, credit, etc.) only allows economic, electronic or cash transactions, through the card issued by the financial institution issuing the card in its own network of ATMs and shops, to make purchases, whether commercial physical establishments (shops) in the Point of Sale Terminals and in virtual shops through a network with protocols and Internet connection. The only exception or exception is to make cash withdrawals at a network of ATMs of another Financial Institution other than the issuer or network of ATMs, VisaMB, etc. Y other minor transactions such as various inquiries in the account associated with that card. In fact, only cashier deposits of an entity A can be made with a debit card of the issuing entity A, provided it is made in cash and on condition that the cashier used by that entity A has the technology to be able to introduce the tickets (currently less than 50% of the ATM park of all the Financial Entities each with a certain percentage). This results in technological costs for that Entity and the need for constant cash handling that produces new costs as well as others associated with this operation.

Electronic cards, debit, credit, etc. Currently, they support different types of electronic transactions, including the deposit of an account from another Entity or not.

Financial but always in the ATMs of the network of the Issuing Entity of the card with the problem that only cash can be entered and as previously stated in the ATMs of the Entity that acts as the owner of the card and about the products you have in that one Entity. You cannot enter money that is not in cash and provided that the cashier allows it, that is, that you have the appropriate device to enter legal tender tickets. Nor can money be deposited in currencies that do not support paper, only bills.

DESCRIPTION OF THE INVENTION

The object of the invention allows to obtain a solution to the problems set forth above in such a way that a series of instructions are implemented in a medium carrying digital information of the card such as the magnetic strip, chip, or the like of the card, preferably deposit card, of a first financial entity, which contains the entry orders programmed in that first entity and to contact the accounts of both the first entity, where the money will be deposited electronic, as of a second financial institution where it comes from. By way of example and referring to the previous section with the technology proposed in this document you can enter any amount. For example, you can enter as long as the cashier has the appropriate device 25 euros in different bills but not 22.50 since although the cashier allows income does not allow to enter coins. This problem is solved with the proposed technology, that is, the electronic income allows any amount provided that it comes from another Financial Entity not being obliged to be through transfer, being able to be made via electronic refund with account deposit or as a debit payment order Direct Core SEPA or ETF type at the choice of the issuer. However, the issuing financial institution of the deposit card for the same deposit functionality, in the account of the client without cash from another financial entity, could restrict or add data on the deposit card related to the content of the information regarding the second financial entity , or partially limit its use or transactional method, without thereby distorting the essence of the invention that is recommended. In the card described here, the account of the first Issuing entity is accessed only to enter electronic money through the programming of the magnetic strip or similar technology, this being its essential function and which does not limit its uniqueness.

For this purpose, a financial card is described in this document that has data carriers that comprise one or more elements that respectively contain data referring to said entities. In this way, software introduced in a card issued by the entity, would be encoded in its magnetic stripe, chip, etc., which would allow its inverse operability between the two financial entities (card issuer and fund facilitating entity). electronic). The card includes orders and electronic data processing that would give the instructions and / or orders through the cashier of the card issuer allowing the connection with the financial entity to allow the refund transfer or transfer of electronic money to the financial entity station They would be reciprocal operations although inverse to the usual operation between the two financial entities, that of the issuer of the card and owner of the ATM or network of ATMs and the facilitator of electronic funds. DESCRIPTION OF THE DRAWINGS

To complement the description that is being made and in order to help a better understanding of the characteristics of the invention, according to a preferred example of practical implementation thereof, a set of drawings is attached as an integral part of said description. where, for illustrative and non-limiting purposes, the following has been represented:

Figure 1.- Shows a flow chart representative of the state of the art. Figure 2 - Shows a flow chart representative of the implementation of the object of the invention, where the data-bearing means are given by a single element.

Figure 3.- Shows a diagram of a possible embodiment of the payment means of the invention where the data-bearing means are given by a single element.

Figure 4.- Shows a diagram of another possible embodiment of the payment means of the invention where the data-bearing means are given by a single element.

Figure 5.- Shows a diagram of another possible embodiment of the payment means of the invention where the data-bearing means are given by a single element. Figure 6.- Shows a diagram of another possible embodiment of the payment means of the invention where the data-bearing means are given by more than one element. Figure 7.- Shows a diagram of another possible embodiment of the payment means of the invention where the data-bearing means are given by more than one element.

PREFERRED EMBODIMENT OF THE INVENTION

As can be seen in Figure 2, a Client holder (or authorized by the holder) of bank accounts in two different Financial Entities (4,5) that in this embodiment are called the first Financial Entity (4), which is the entity receiving funds, and a second Financial Entity (5), which is the issuer of those funds) proceeds to request by means of electronic payment (1) such as a financial card (1) from the first Financial Entity through of the cashier of said first Financial Entity to enter a first account of that same first Financial Entity of which he is the owner (or authorized by the holder), funds from a second bank account of the second Financial Entity of which he is also the owner ( or authorized by the holder), electronically and / or telematically, thus avoiding the entry of cash bills or coins.

For this purpose, it makes use of an electronic payment method (1), which is the object of the invention and which in this case is defined by the aforementioned financial card (1), comprising digital data carrier means (2) readable by electronic means such digital data carrier means (2) that can be a single element as shown in figures 3,4 and 5 such as a magnetic strip, a data carrier chip, or a data carrier tag (which can be this electronic or code type like QR or bar). In said digital data carrier means (2), a first data area (21) is defined respectively accessible to each other it includes data referring to the first financial entity (4) while a second data area (22) comprises data referring to the second financial entity (5), all in a single element acting as digital data carrier means (2) and configured as above.

In a possible preferred embodiment, data referring to the holder (3) are included in one of the first data area (21) and second data area (22), see figure 3, or in both first data area (21 ) and second data area (22) as shown in Figure 4; in such a way that access to said data can be done independently when making transactions.

In other possible alternative embodiments, the data referred to the holder (3) are included in a third data area (23) of the digital data carrier means (2) accessible from at least one of the first or second data areas (21 , 22) as seen in Figure 5; all in a single element acting as digital data carrier means (2) and configured according to the above. In the context of the invention, an embodiment of the digital data carrier means (2) is understood as an element, such as a magnetic strip or a data carrier chip.

In a possible even more alternative embodiment shown in Figure 6 there are at least two elements acting as digital data carrier means (2), each element corresponding to the first financial entity (4) and second financial entity (5) respectively and said elements being arranged separated from each other on the card (1). In this possible alternative embodiment each element reproduces at least partially the possible preferred embodiment detailed above, so that each element comprises data referring to the holder (3) and at least one data area (21, 22,23) in each element, in such a way that access to said data is carried out independently when making transactions. In an even more particular embodiment of this alternative embodiment, shown in Figure 7, it is necessary that the data referred to the holder (3) are included in only one of the elements, the other element being and therefore its respective data area (21, 22, 23) in communication with the element comprising the data referred to the holder (3). In these embodiments in which the digital data carrier means (2) have more than one element each comprises at least one data area (21, 22,23) which in turn comprises data from the pnmera financial entity ( 4) or the second financial institution (5).

Claims

one . Electronic payment means (1) comprising digital data carrier means (2) comprising data referred to the holder (3), the electronic payment means (1) being characterized in that the digital data carrier means (2) comprise:

• at least two data areas (21, 22, 23) independent and respectively accessible to each other, where a pnmera area (21) comprises data referring to a pnmera financial entity (4) while a second area (22) comprises data referred to to the second financial institution (5).

2. Electronic payment method (1) according to claim 1, characterized in that the data referred to the holder (3) are included in one or both of the first data area (21) and second data area (22)

3. Electronic payment means (1) according to claim 1 characterized in that the digital data carrier means (2) additionally comprise a third data area (23) of the digital data carrier means (2) accessible from at least one of the first or second data areas (21, 22) with the data referring to the owner (3) included in said third data area (23).

4. - Electronic payment means (1) according to claim 1 characterized in that the digital data carrier means (2) comprise more than one element separated from each other where each element comprises the data referred to the holder (3) and a data area ( 21, 22,23) corresponding to a financial entity (5).