Payment system and method using IC identification card
US10134033B2 · kind B2 · utility
Assignee
Inventor
Key dates
| Filing date | Mar 11, 2008 |
| Grant date | Nov 20, 2018 |
| Priority date | — |
| Expiry date | Oct 17, 2030 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q20/401
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A payment system utilizes an IC identification card to identify a user, finds and verifies a bank account of the user. The payment system uses an IC identification card reader to read user identity information which includes a user identification card number. The system encrypts user identity information using a first encryption key and encrypts the user-entered bank account password using a bank encryption key corresponding to a participating bank, and sends the encrypted information to an intermediary platform, which sends a bank transaction request including user identity information, bank account password and transaction amount to the participating bank subsystem. The participating bank subsystem conducts the requested bank transaction with a user bank account, which is determined according to the user identification card number either by the intermediary platform or by the participating bank subsystem based on a mapping relationship between the user identity information and bank accounts.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.