Systems and methods for communicating token attributes associated with a token vault

US9996835B2 · kind B2 · utility

Assignee

• Visa International Service Association · US

Inventors

• Matthew Dill · St. Helena, US
• Prasanna L. Narayan · San Ramon, US
• Glenn Powell · Fremont, US
• John F. Sheets · San Francisco, US
• Andrew Carpenter · Beavercreek, US

Key dates

• Filing date: Jul 24, 2014
• Grant date: Jun 12, 2018
• Expiry date: Jul 24, 2034

Classification

• Technology area (CPC H): Electricity
• CPC primary: H04L2209/56
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Systems and methods for interoperable network token processing are provided. A network token system provides a platform that can be leveraged by external entities (e.g., third party wallets, e-commerce merchants, payment enablers/payment service providers, etc.) or internal payment processing network systems that have the need to use the tokens to facilitate payment transactions. A token registry vault can provide interfaces for various token requestors (e.g., mobile device, issuers, merchants, mobile wallet providers, etc.), merchants, acquirers, issuers, and payment processing network systems to request generation, use and management of tokens. The network token system further provides services such as card registration, token generation, token issuance, token authentication and activation, token exchange, and token life-cycle management.