Methods and systems for provisioning payment credentials

US10198728B2 · kind B2 · utility

Assignee

• Visa International Service Association · US

Inventors

• Horatio Nelson Huxham · Cape Town, ZA
• Alan Joseph O'Regan · Cape Town, ZA
• Tara Anne Moss · Cape Town, ZA
• Hough Arie Van Wyk · Cape Town, ZA
• John F. Sheets · San Francisco, US

Key dates

• Filing date: May 15, 2014
• Grant date: Feb 5, 2019
• Expiry date: Jan 21, 2035

Classification

• Technology area (CPC G): Physics
• CPC primary: G07F19/204
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A method and system for provisioning payment credentials usable by a mobile device in conducting a payment. The method is conducted at a provisioning system and comprises the steps of: receiving payment credentials from a receiving device, the payment credentials having been obtained from a portable payment device presented by a consumer at the receiving device; receiving, from the receiving device, an identifier entered by the consumer; identifying a mobile device or a secure element corresponding to the identifier; and communicating the payment credentials or a derivation of the payment credentials to the identified mobile device or the secure element to be securely stored in association with the mobile device. The method may include: encrypting the received payment credentials, the encrypted payment credentials having a unique decryption key; and wherein communicating a derivation of the payment credentials communicates the unique decryption key.