QR code initiative: fraud detection
US12271887B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Nov 11, 2020 |
| Grant date | Apr 8, 2025 |
| Priority date | — |
| Expiry date | Nov 11, 2040 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q20/405
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
Systems, computer-implemented methods, apparatus, and/or computer program products that can facilitate electronic generation of enhanced, transaction-based QR codes for improved fraud detection are provided. In various aspects, a processor can receive a signal from an electronic beacon of a point-of-sale device, wherein the signal includes information associated with a first merchant. In various instances, in response to receiving the signal from the electronic beacon, the processor can identify a quick response (QR) code from a set of quick response codes that corresponds to the first merchant. In various cases, the processor can render the identified QR code on an electronic display that is scannable by the point-of-sale device, wherein scanning the identified QR code causes the point-of-sale device to transmit the identified QR code and a second merchant identifier to a payment processor. In various aspects, the processor can receive a transaction confirmation based on a verification of a transaction completed using the identified QR code from the payment processor, wherein the verification is based on determining that the identified QR code corresponds to the merchant identifie…
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.