Method for conducting a transaction between a merchant site and a customer's electronic device without exposing payment information to a server-side application of the merchant site

US9830596B2 · kind B2 · utility

Assignee

• Stripe, Inc. · US

Inventors

• Patrick Collison · San Francisco, US
• John B. Collison · San Francisco, US
• Greg D. Brockman · San Francisco, US
• Saikat Chakrabarti · Pueblo, US
• Ross A. Boucher · Palo Alto, US

Key dates

• Filing date: Oct 31, 2012
• Grant date: Nov 28, 2017
• Expiry date: Dec 4, 2033

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q20/4097
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A transaction is conducted between a merchant site and a customer's electronic device using a payment processor. The merchant site is associated with a client-side application and a server-side application. The client-side application executes on the customer's electronic device. The client-side application electronically sends payment information retrieved from the customer's electronic device to the payment processor. The client-side application does not send the payment information to the server-side application. The payment processor creates a token from the payment information sent by the client-side application. The token functions as a proxy for the payment information. The payment processor electronically sends the token to the client-side application. The client-side application electronically sends the token to the server-side application for use by the server-side application in conducting the transaction. The payment information can thus be used by the server-side application via the token without the server-side application being exposed to the payment information.