Patent · US Active

Token service provider for electronic/mobile commerce transactions

US11151550B2 · kind B2 · utility

7Cited by
9References
20Claims
0Family size

Assignee

Inventors

Key dates

Filing dateAug 31, 2018
Grant dateOct 19, 2021
Priority date
Expiry dateFeb 4, 2039

Classification

  • Technology area (CPC H)Electricity
  • CPC primaryH04W12/068
  • WIPO fieldDigital communication
  • WIPO sectorElectrical engineering

Abstract

A method for verifying transactions is discussed. The method includes receiving a transaction request for performing a transaction between a user account and a merchant account. The method includes determining, based on authentication of the user account, a common identifier associated with the user account, the common identifier indicating the user account being authorized for use at a plurality of merchant accounts including the merchant account. The method includes determining a payment token for performing the transaction, the determining the payment token based on the common identifier and a user associated with the user account. The method also includes providing the payment token for completing the transaction.

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