Hub and spokes pin verification
US8868462B2 · kind B2 · utility
Assignee
Inventor
Key dates
| Filing date | Mar 13, 2012 |
| Grant date | Oct 21, 2014 |
| Priority date | — |
| Expiry date | Mar 13, 2032 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG07F7/1091
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method for conducting PIN authorized EMV payments using an ordinary mobile phone. The credit card payment is conducted using a merchant's device comprising a card reader and a mobile phone a payment server and a buyer's mobile phone. A PIN entry request is sent from the merchant's device to the buyer's device via the payment server. A secure application in the buyer's device is executed and a PIN code may be entered securely. The entered PIN code is either verified, via the payment server, against the credit card in said merchant's device or against a bank server. Thus, secure credit card payments can be performed using an ordinary unsecure mobile device's.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.