Token based transaction authentication

US8924301B2 · kind B2 · utility

Assignee

• Visa International Service Association · US

Inventors

• Mike Lindelsee · South Lake Tahoe, US
• Olivier Brand · Walnut Creek, US
• James Dimmick · Foster City, US
• Benedicto H. Dominguez · San Bruno, US

Key dates

• Filing date: Nov 27, 2012
• Grant date: Dec 30, 2014
• Expiry date: Dec 13, 2032

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q20/40
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A token based transaction authentication system is disclosed. Issuer, merchants, and a payment processing network generate unique tokens or keys to authenticate messages between themselves and to authenticate a sending entity or consumer as they are redirected between entities. The tokens are also used to identify the particular authentication thread a message or sending entity is associated with. The sending entity authentication occurs over a web-based channel or a mobile based channel.