{"schema_version":"1.0","canonical_url":"https://patentable.app/patents/US-8499334","patent":{"patent_number":"US-8499334","title":"System, method and apparatus for enabling transactions using a user enabled programmable magnetic stripe","assignee":null,"inventors":[],"filing_date":"2011-11-18T00:00:00.000Z","publication_date":"2013-07-30T00:00:00.000Z","cpc_codes":["G07C","G06Q","G06Q","G06Q","G06Q","G06Q","G07C","G07F","G07F","G07F","H04L","G07C","H04L"],"num_claims":38,"abstract":"The present invention provides a system, method and apparatus that includes a user device having a magnetic field generator disposed within a substrate that is normally inactive, an initiator mounted on the substrate, a memory disposed within the substrate and a processor disposed within the substrate that is communicably coupled to the magnetic field generator, the initiator and the memory. The processor is operable to process information received from the initiator, generate a time varying code in response to the received information and activate the magnetic field generator. A power source is also disposed within the substrate. The magnetic field generator can create a spatial magnetic signal using a magnetic stripe and one or more induction coils, or create a time-varying magnetic signal for emulating data obtained from swiping a traditional magnetic stripe card through a magnetic card reader."},"analysis":{"summary":null,"layman_explanation":null,"technical_analysis":null,"business_analysis":null,"faqs":null,"topics":[],"tech_cluster":null},"seo":{"title":"System, method and apparatus for enabling transactions using a user enabled programmable magnetic stripe","description":"The present invention provides a system, method and apparatus that includes a user device having a magnetic field generator disposed within a substrate that is normally inactive, an initiator mounted ","keywords":[]},"attribution":{"source":"Patentable","source_url":"https://patentable.app","canonical_url":"https://patentable.app/patents/US-8499334","license":"CC-BY-4.0-like","license_terms":"AI-generated analysis on this page (summary, layman_explanation, technical_analysis, business_analysis, faqs) may be reused with attribution and a visible link back to the canonical URL above. Patent abstracts, claims, and bibliographic data are USPTO public domain.","required_link":"https://patentable.app/patents/US-8499334","citation_suggestion":"Patentable. \"System, method and apparatus for enabling transactions using a user enabled programmable magnetic stripe\" (US-8499334). https://patentable.app/patents/US-8499334","copyright_holder":"Nomic Interactive Technology LLC"},"links":{"html":"https://patentable.app/patents/US-8499334","json":"https://patentable.app/api/llm-context/US-8499334","site":"https://patentable.app","llms_txt":"https://patentable.app/llms.txt"},"generated_at":"2026-05-31T13:13:38.349Z"}