ALEXANDRIA, Va., June 6 -- United States Patent no. 12,282,819, issued on April 22, was assigned to Dynamics Inc. (Cheswick, Pa.).
"Magnetic stripe track signal having multiple communications channels" was invented by Jeffrey D. Mullen (Pittsburgh).
According to the abstract* released by the U.S. Patent & Trademark Office: "An electronic card (e.g., an electronic payment card) or another device (e.g., a wireless telephonic device) is provided that may communicate dynamic magnetic stripe data to a magnetic stripe reader. Information may be embedded into a magnetic track of data representative of additional information such as, for example, a unique identification number or an additional track of magnetic stripe data."
The patent was filed...