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Patent drawing for Systems and methods for authorizing a transfer
US 20,250,156,840 A1
Business & commerce US 20,250,156,840 A1 Not in force

Systems and methods for authorizing a transfer

This invention describes a system where special payment cards can communicate with each other using gestures to manage account authorizations. For example, a primary user's card could make a gesture toward a secondary user's card to change its spending limit. The claims specifically narrow this to a first card receiving a signal and a gesture from a second card, both linked to the same account, to modify authorization details like spending limits.

Why it matters: While the core technology existed, continued advancements in ultra-low-power microcontrollers and miniaturized secure elements since 2023 have made integrating gesture recognition and secure communication into a thin card more energy-efficient and cost-effective.

Status
Not in forceListed as no longer active. The specific reason is not in the record we hold.
How hard to build
SpecializedCustom card hardware, gesture recognition, software system.

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