Method and system for secure e-commerce transactions

Details Method and system for secure e-commerce transactions Method and system for secure e-commerce transactions

H - Electricity

04

L

H04L 9/32 (2006.01) G06F 17/60 (2000.01)

Patent

CA 2293832

A system for facilitating e-commerce transactions includes a network including at least one subscriber, a virtual merchant, an authentication server, and a billing system associated with the network for obtaining payment from the subscribers. The virtual merchant includes input means for receiving a request for an e-commerce transaction, and an authorization signal for execution of the transaction. The authentication server includes a data receiver for receiving transaction information identifying the transaction, and for receiving along a first data channel subscriber billing data identifying a subscriber billing account for the transaction. The authentication server also includes an authentication transceiver for obtaining an indication of authenticity of the received billing data from the billing system along a second data channel. The authentication server further includes an authorizing transmitter for providing the merchant with the authorization signal. In operation, the virtual merchant receives a request from for an e-commerce transaction. The authorization server then receivers billing data for the transaction, and provides the merchant with an authorization signal responsive to the billing data for causing the merchant to respond to the request for the transaction in accordance with the authorization signal. The authorization server then causes the billing system to obtain payment for the transaction from the subscriber, the payment being responsive to the authenticity of the balling data. Preferably, the first and second data channels are secure at least from the virtual merchant to reduce the possibility of fraud, and the authorization signal is derived from the authenticity indication and excludes information identifying the subscriber so as to protect the anonymity of the subscriber relative to the virtual merchant.

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