Methods, apparatus and systems for securely storing and/or accessing payment information or other sensitive information based on tokens
US9652769B1 · kind B1 · utility
Assignee
Inventor
Key dates
| Filing date | Nov 7, 2012 |
| Grant date | May 16, 2017 |
| Priority date | — |
| Expiry date | Nov 13, 2034 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q20/383
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A token is generated and processed as a substitute for sensitive information, e.g., payment information associated with a customer making a purchase of a product/service from a vendor. The customer's payment information is encrypted and stored in a first memory record of a secure computer system. A token is generated that includes memory-related information identifying the first memory record, and the token is transmitted to the vendor for storage in a customer record. To facilitate payment for the purchase, the vendor transmits the token to another party (e.g., a billing service or payment processor), and the encrypted payment information is read from the first memory record of the secure computer system based on the memory-related information in the token. The encrypted payment information is then decrypted to recover the payment information which is then used to effect payment.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.