Recurring token transactions
US11256789B2 · kind B2 · utility
Assignee
Inventor
Key dates
| Filing date | Jun 18, 2019 |
| Grant date | Feb 22, 2022 |
| Priority date | — |
| Expiry date | Jan 27, 2040 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06F21/602
- WIPO fieldComputer technology
- WIPO sectorElectrical engineering
Abstract
A method is disclosed. The method includes receiving a communication comprising a real credential from a communication device and providing the real credential to a token computer. The token computer generates a token and a cryptogram, and the cryptogram is formed using a resource provider initiated transaction indicator. The method includes receiving, from the token computer, the token and the cryptogram, and transmitting, to a processing computer, an authorization request message comprising the token, the cryptogram, a resource provider identifier, and a transaction amount for a first transaction. The processing computer validates the cryptogram, exchanges the token for the real credential, stores the resource provider identifier, and forwards the authorization request message including the real credential, and the transaction amount to an authorizing entity computer. The method also includes receiving an authorization response message from the authorizing entity computer.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.