Patent · US Active

Method, apparatus and system for electronic payments

US11107074B2 · kind B2 · utility

0Cited by
3References
20Claims
0Family size

Assignee

Inventors

Key dates

Filing dateJun 29, 2017
Grant dateAug 31, 2021
Priority date
Expiry dateMay 11, 2038

Classification

  • Technology area (CPC H)Electricity
  • CPC primaryH04L45/54
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A system for allowing electronic payments through use of a unique proxy includes a first server, a first registration database and a first lookup database. The first server receives an electronic registration request message, including registration information of a first user, from a financial institution of the first user. The first registration database then copies a subset of the registration information, including a unique proxy of the first user, to the first lookup database as the first user's lookup information. When the first server receives an electronic proxy payment request message, including the unique proxy of the first user, from a financial institution of a second user, the first server looks up the first user's lookup information in the first lookup database on the basis of the unique proxy of the first user and transmits the first user's lookup information to the financial institution of the second user.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.