G - Physics – 06 – Q
Patent
G - Physics
06
Q
G06Q 20/12 (2012.01) H04L 9/00 (2006.01) H04L 12/16 (2006.01)
Patent
CA 2309013
A method for secure payment in an open electronic public system, such as the Internet, that uses existing credit card accounts but eliminates the need to transmit the actual number of the said account in order to complete and process a transaction. Credit card company or financial institution (Issuer) to issue a computer agent (user's software) to all cardholders (customer(s)) capable of establishing an encrypted secure session between them. After an intent of purchase is expressed, computer agent automatically obtains an Ephemeral TM Credit Card Number (ECCN) from the system's server, through encrypted communication. Computer agent sends such ECCN to the merchant which will process it as a standard and valid credit card number, to obtain the usual authorization number from the Issuer's system and/or agent. In preferred embodiment, ECCN, that consist of the familiar sequence of number and expiry date of a given credit card issuer, is complemented with the required coded information and time stamp to make it purchase, merchant and user specific. Once the order is processed and transaction is completed, such ECCN becomes void and useless.
Bergeron Jean
Briek Srecko
Mallette Richard
Bergeron Jean
Briek Srecko
Goudreau Gage Dubuc
Mallette Richard
Twingate System Inc.
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