Methods and apparatus for a secure proximity integrated circuit card transactions
US7587756B2 · kind B2 · utility
150Cited by
513References
13Claims
0Family size
Assignee
Inventors
Key dates
| Filing date | Jul 23, 2004 |
| Grant date | Sep 8, 2009 |
| Priority date | — |
| Expiry date | Apr 16, 2026 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG07F7/127
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
Methods and apparatus for a smartcard system are provided which securely and conveniently provides for secure transaction completion in a contact or contactless environment. The invention utilizes selection of processing applications based on the account issuer parameters and risk factors (stored on a smartcard) and merchant system parameters and risk factors (stored on a merchant system database). The invention permits a merchant system and smartcard to exchange information useful for determining if particular transactions should be completed online or offline.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.