Invention Grant
- Patent Title: Foldable organic light emitting diode (“OLED”) purchasing instrument reader
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Application No.: US16577027Application Date: 2019-09-20
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Publication No.: US10783332B2Publication Date: 2020-09-22
- Inventor: Russell Kendall
- Applicant: Bank of America Corporation
- Applicant Address: US NC Charlotte
- Assignee: Bank of America Corporation
- Current Assignee: Bank of America Corporation
- Current Assignee Address: US NC Charlotte
- Agency: Weiss & Arons LLP
- Agent Michael A. Springs, Esq.
- Main IPC: G06K7/00
- IPC: G06K7/00 ; G06Q20/34 ; H01L51/50 ; G06K19/077 ; H01L27/32 ; G07F7/08

Abstract:
A foldable circuit board that includes OLED display technology is provided. Apparatus may include embedded card reading technology (e.g., EMV, magnetic stripe, QR-Reader Technology) into a foldable OLEO-based mobile device. The mobile device may fold, to create a channel for swiping a purchasing instrument. Such a device may provide portable card reading technology and an ability to seamlessly transmit the captured information to a remote server/network for authorization. Such devices may avoid use of an external plug-in device to capture payment instrument information. Also, such devices may revive use of magnetically encoded information which is typically less-expensive-to-manufacture and provides a faster “swipe” time to read the magnetically encoded information as compared to other technology such as EMV chips.
Public/Granted literature
- US20200012826A1 FOLDABLE ORGANIC LIGHT EMITTING DIODE ("OLED") PURCHASING INSTRUMENT READER Public/Granted day:2020-01-09
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