Payment channel returning limited use proxy dynamic value
US10255591B2 · kind B2 · utility
2Cited by
302References
18Claims
0Family size
Assignee
Inventors
Key dates
| Filing date | Dec 7, 2010 |
| Grant date | Apr 9, 2019 |
| Priority date | — |
| Expiry date | Oct 23, 2031 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q20/40
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A central platform provides proxy dynamic values for any one of a number of a cardholder's portable payment devices, upon a request for such information made during a transaction. The proxy dynamic value can be provided to the merchant, who then can route it into the acceptance network in order to initiate the authentication process. The central platform provides the actual primary account number associated with the proxy dynamic value during the authentication process.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.