Patent · US Active

Systems and methods for payment token provisioning with variable risk evaluation

US12333526B2 · kind B2 · utility

0Cited by
6References
17Claims
0Family size

Assignee

Inventors

Key dates

Filing dateJan 27, 2021
Grant dateJun 17, 2025
Priority date
Expiry dateJun 18, 2041

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q40/02
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

Systems and methods for payment token provisioning with variable risk evaluation are disclosed. In one embodiment, a method may include: an issuer backend: (1) receiving, from an electronic wallet application, a payload comprising an identification of a card to be provisioned to the mobile electronic device; (2) determining that the card is eligible for provisioning to the mobile electronic device; (3) generating a card payload and communicating the card payload to the payment network, wherein the payment network creates a payment token for the card comprising payment token origin information; (4) receiving the payment token from the payment network and generating a risk profile for the payment token; and (5) activating the payment token in response to the validation.

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