Module ID based encryption for financial transactions
US7983994B2 · kind B2 · utility
Assignee
Inventor
Key dates
| Filing date | Oct 8, 2008 |
| Grant date | Jul 19, 2011 |
| Priority date | — |
| Expiry date | Oct 8, 2028 |
Classification
- Technology area (CPC H)Electricity
- CPC primaryH04N21/47815
- WIPO fieldAudio-visual technology
- WIPO sectorElectrical engineering
Abstract
A server is operable to receive a media device identifying number (ID) and establish an association between a media device and a payment account and, in one embodiment, supports at least one of payment authorization and payment clearing based at least in part on the media device ID and the payment account. A network and system includes a payment card processor server that is operable to receive a payment authorization request and to determine if an authorized media device generated a purchase selection message and to determine to approve a received payment authorization request based, in part, if the media device was authorized for the purchase selection based upon a received media device ID. The system is further operable to perform a key rotation to protect payment account information.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.