Method for remotely authorizing a payment transaction file over an open network
US7236957B2 · kind B2 · utility
Assignee
Inventor
Key dates
| Filing date | Feb 10, 2004 |
| Grant date | Jun 26, 2007 |
| Priority date | — |
| Expiry date | Nov 17, 2024 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q20/40
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method for obtaining an approval of an electronic fund transfer (EFT) disbursement file from a user of a remote system and transferring the EFT disbursement file to a payments processor. The method comprises generating a digest, by performing a hash of the EFT disbursement file, and transferring the digest to the remote system along with authorization control code. The authorization control code drives the remote system to obtain a digital signature of authenticated attributes, which includes the digest, and generate an authorization response. The method further comprises receiving the authorization response from the remote system and transferring an electronic funds submission to the payments processor. The electronic funds submission comprises the payment transaction file and at least a portion of the authorization response comprising the digital signature.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.