Comments on: MasterCard to Introduce inControl Corporate Card http://www.mycardblog.com/2008/04/mastercard-to-introduce-incontrol-corporate-card/ Bring you the best in personal finance Thu, 19 Nov 2009 21:57:05 -0700 http://wordpress.org/?v=2.8.4 hourly 1 By: marite ferrero http://www.mycardblog.com/2008/04/mastercard-to-introduce-incontrol-corporate-card/comment-page-1/#comment-9998 marite ferrero Mon, 21 Sep 2009 14:00:43 +0000 http://www.mycardblog.com/2008/04/mastercard-to-introduce-incontrol-corporate-card/#comment-9998 Mastercard's (ORBISCOM) InControl infringes on an existing patent. Mastercard is fully aware of this patent's existence. InControl / ORBIS’ patents : 7571142, 7567934, 7433845, 7136835, 6636833 cannot claim the setting of the ACTUAL card account limits. In fact, all of these patents refer to temporary and limited use virtual numbers which can be controlled. Corporate cards are not virtual card numbers since physical cards are issued and used by employees. This patent, filed February 2001, patent granted August 2005 with worldwide PCTs, (USPTO) 6931382 enables cardholders (or banks or account administrators ) to turn on or turn off their actual debit and credit cards. This system also enables the setting of different limits such as but not limited to amount, geographical limits, time period, etc. CardSwitch Technology Ltd. (www.cardswitchtechnology.com) offers this patented system. Registered letters have been sent to Mastercard executives concerning this patent infringement. Mastercard’s (ORBISCOM) InControl infringes on an existing patent. Mastercard is fully aware of this patent’s existence.

InControl / ORBIS’ patents : 7571142, 7567934, 7433845, 7136835, 6636833 cannot claim the setting of the ACTUAL card account limits. In fact, all of these patents refer to temporary and limited use virtual numbers which can be controlled. Corporate cards are not virtual card numbers since physical cards are issued and used by employees.

This patent, filed February 2001, patent granted August 2005 with worldwide PCTs, (USPTO) 6931382 enables cardholders (or banks or account administrators ) to turn on or turn off their actual debit and credit cards. This system also enables the setting of different limits such as but not limited to amount, geographical limits, time period, etc.

CardSwitch Technology Ltd. (www.cardswitchtechnology.com) offers this patented system.

Registered letters have been sent to Mastercard executives concerning this patent infringement.

]]> By: Credit Crunch » MasterCard to Introduce inControl Corporate Card http://www.mycardblog.com/2008/04/mastercard-to-introduce-incontrol-corporate-card/comment-page-1/#comment-7848 Credit Crunch » MasterCard to Introduce inControl Corporate Card Fri, 25 Apr 2008 13:45:35 +0000 http://www.mycardblog.com/2008/04/mastercard-to-introduce-incontrol-corporate-card/#comment-7848 [...] ARTICLESROADTIP.COM wrote an interesting post today onHere’s a quick excerpt New Credit Card Technology Can Tight Spending. Credit cards are getting smarter with the new Web-based interface developed by Orbiscom, a Dublin-based payments technology firm, your boss can set an overall spending limit for an individual employee with a specified business trip. This new technology can even pre-set which restaurant you can have dinner with your clients and even which hotel you can stay. Sounds amazing! But it’s true. According to the report by Aili McConnon at BusinessWeek, M [...] [...] ARTICLESROADTIP.COM wrote an interesting post today onHere’s a quick excerpt New Credit Card Technology Can Tight Spending. Credit cards are getting smarter with the new Web-based interface developed by Orbiscom, a Dublin-based payments technology firm, your boss can set an overall spending limit for an individual employee with a specified business trip. This new technology can even pre-set which restaurant you can have dinner with your clients and even which hotel you can stay. Sounds amazing! But it’s true. According to the report by Aili McConnon at BusinessWeek, M [...]

]]>