Secure remote payment transaction processing using a secure element

US11847643B2 · kind B2 · utility

Assignee

• Visa International Service Association · US

Inventors

• Igor Karpenko · Sunnyvale, US
• Oleg Makhotin · Paris, FR
• Kiushan Pirzadeh · Foster City, US
• Glenn Powell · Fremont, US
• John F. Sheets · San Francisco, US
• Erick Wong · Menlo Park, US

Key dates

• Filing date: Nov 1, 2021
• Grant date: Dec 19, 2023
• Expiry date: Feb 25, 2042

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q20/409
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Embodiments of the present invention are directed to methods, apparatuses, computer readable media and systems for securely processing remote transactions. One embodiment of the invention is directed to a method of processing a remote transaction initiated by a mobile device. The method comprises receiving, by a mobile payment application on a secure memory of the mobile device, transaction data from a transaction processor application on the mobile device. The method further comprises validating that the transaction processor application is authentic and in response to validating the transaction processor application, providing encrypted payment credentials to the transaction processor application. The transaction processor application further initiates a payment transaction with a transaction processor server computer using the encrypted payment credentials.