Secure electronic transaction system

Details Secure electronic transaction system Secure electronic transaction system

G - Physics

06

Q

G06Q 20/40 (2012.01) G06Q 20/34 (2012.01) H04L 9/00 (2006.01)

Patent

CA 2237223

This invention provides a transaction system for performing secure online electronic transactions comprising: a card including user verification information and a card issuer identification information; a terminal for reading certificate information and operable for connection via a communication network to a payment institution and establishing a persistent secure: thread therewith; the terminal also operable for connection to a merchant via a communication network; a payment institution selector for routing a transaction information from said merchant in response to a payment institution identification received from said user to a relevant payment institution whereby said consumer has established a secure persistent thread with said payment institution and said selected payment institution providing an authorization of said transaction.

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