Patent · US Active

Inter-device credential transfer

US11321708B2 · kind B2 · utility

0Cited by
1References
20Claims
0Family size

Assignee

Inventors

Key dates

Filing dateAug 21, 2020
Grant dateMay 3, 2022
Priority date
Expiry dateAug 21, 2040

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q20/085
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A device implementing an inter-device credential transfer system may include at least one processor that is configured to receive a request to transfer a transaction credential from a first device to a second device, the transaction credential being associated with a stored monetary value and the request comprising a transaction credential identifier of the transaction credential. The at least one processor is further configured to prevent, responsive to the request, the transaction credential from being utilized for payment transactions by the first device. The at least one processor is further configured to provision an instance of the transaction credential on the second device. The at least one processor is further configured to cause the instance of the transaction credential to be activated on the second device with a balance corresponding to the stored monetary value associated with the transaction credential.

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