Secure authentication and payment system
US8423466B2 · kind B2 · utility
Assignee
Inventor
Key dates
| Filing date | Mar 28, 2007 |
| Grant date | Apr 16, 2013 |
| Priority date | — |
| Expiry date | Oct 5, 2028 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/06
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
The present invention provides a service for allowing secure financial transactions to be carried out, the service involving authenticating a user's identity and/or status as part of a financial transaction with another party and in the event that the user is authenticated arranging for the transaction to be completed without revealing the user's financial details and/or other personal details to that other party. Authentication data and transaction data may be communicated over any suitable communications channel(s). The invention provides a trusted authentication and payment environment that protects a user's financial details, but allows them to be securely authenticated and arranges for transactions to be fulfilled, while providing other parties with reassurance that transactions will be completed. In this way, fraud and theft due to misappropriation of financial details can be minimized.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.