System and method for conducting secure payment transaction
US7983987B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Jan 30, 2003 |
| Grant date | Jul 19, 2011 |
| Priority date | — |
| Expiry date | Jun 25, 2025 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/0601
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
In a secure electronic payment system, authentication data based on a payment account (e.g., a credit card account) is sent from an authentication server, through a user's Web browser, to a merchant's computer. The merchant's computer sends the authentication data to a computer operated by the issuer of the payment account, either through a payment organization computer or through an acquirer computer operated by the merchant's acquirer. The issuer's computer verifies the authorization request message, thereby generating an authorization response message. The authorization response message is forwarded to the merchant's computer, either through the payment organization computer or through the acquirer computer. If the authorization response message indicates that the verification was successful, the transaction is completed.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.