Systems and methods for facilitating payment application provisioning and transacting

US11836710B2 · kind B2 · utility

Assignee

• JPMORGAN CHASE BANK, N.A. · US

Inventors

• Howard SPECTOR · Mount Salem, US
• Scott H. Ouellette · Kingston, US
• Brian J. Smyth · West Chester, US
• Christina E. Sheppard · Mamaroneck, US
• Gavin C. Michael · New York, US
• Sih Lee · Northvale, US
• Kelly L. Dempski · Evanston, US
• Tim Parsey · Palo Alto, US
• Andrew Sloper · Kingston upon Thames, GB
• Ken Wimberely · San Rafael, US
• Laura X. Wang · New York, US
• Shadman Zafar · Plano, US

Key dates

• Filing date: Dec 2, 2020
• Grant date: Dec 5, 2023
• Expiry date: Jul 17, 2041

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q20/405
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Systems and methods for facilitating payment application provisioning and transacting are disclosed. According to one embodiment, a method for provisioning a token to a third party payment application on a mobile device may include (1) receiving a logon from a customer using a mobile application for a financial institution executed on a mobile device and a device identifier for the mobile device; (2) receiving a request to provision a token for a third party payment application; (3) authenticating the customer using the logon information and the device identifier; (4) provisioning a token for a payment device associated with the customer; and (5) providing the token to the third party payment application for transaction processing.