Point-of-sale location check for payment card purchases
US10032151B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | May 28, 2014 |
| Grant date | Jul 24, 2018 |
| Priority date | — |
| Expiry date | Jan 16, 2035 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q20/4014
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
Credit card fraud prevention techniques are disclosed in which the authorization of a payment card may be performed using information obtained from a mobile device (e.g., a smart phone) associated with a user who initiates a point-of-sale payment card transaction. In one implementation, a device may receive a request for authorization of a payment associated with a payment card; and obtain location information relating to a location of a mobile device associated with a user of the payment card. The device may determine, based at least on a location of the point-of-sale terminal and the location of the mobile device, whether to authorize the request for authorization of the payment.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.