Transaction device use of a dynamically generated value based on a next expected session key
US10423953B2 · kind B2 · utility
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2References
18Claims
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Assignee
Inventors
Key dates
| Filing date | Apr 11, 2018 |
| Grant date | Sep 24, 2019 |
| Priority date | — |
| Expiry date | Apr 11, 2038 |
Classification
- Technology area (CPC H)Electricity
- CPC primaryH04L2209/56
- WIPO fieldDigital communication
- WIPO sectorElectrical engineering
Abstract
A system, method, and computer readable medium (collectively, the “system”) are provided. The system may include a processor configured to perform operations and/or steps comprising storing, by a processor, a session key on a mobile device, wherein the session key is encrypted. The system receiving a transaction request, decrypting the session key, and broadcasting a signal configured for being received by a magnetic stripe reader. Track 1 data and/or track 2 data may be encoded in the signal. The track 1 data and/or the track 2 data may also comprise a dynamically generated value that is generated based on the session key.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.