System and method for providing payment service
US10846681B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Oct 20, 2015 |
| Grant date | Nov 24, 2020 |
| Priority date | — |
| Expiry date | May 17, 2036 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q20/4097
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
The present invention relates to a system and method for providing a payment service of a two-channel authentication method utilizing a card reader infrastructure and a portable user terminal. The system for providing a payment service according to an aspect of the present invention includes an affiliate POS terminal configured to receive MIN card information and generate and transmit a transaction approval request signal, and a server configured to receive the transaction approval request signal, transmit a transaction authentication request signal to a portable user terminal, and transmit approval request information to a financial institution server when transaction authentication is completed from an input signal of the portable user terminal.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.