System and method for authenticating transactions through a...

Details System and method for authenticating transactions through a... System and method for authenticating transactions through a...

G - Physics

06

Q

G06Q 20/40 (2012.01) H04W 4/00 (2009.01) H04W 12/06 (2009.01) H04W 60/00 (2009.01) G06Q 20/32 (2012.01)

Patent

CA 2724297

Systems and methods are provided for authenticating a transaction through a mobile device. During registration, the mobile device receives a payment ID of a payment account and a supplemental ID for verifying the payment ID, and transmitting the same to a merchant server. The merchant server sends the payment ID and the supplemental ID to a verification module to verify the IDs. Upon the merchant server receiving a verification result, a mobile device ID is generated and stored on the mobile device and stored on the merchant server in association with the payment ID. In a transaction, a user only needs to enter the supplemental ID into the mobile device, as the supplemental ID and mobile device ID can be sent to the merchant server to retrieve the associated payment ID. This information is sufficient to authenticate and execute the transaction.

Affiliated with

Also associated with

Rating

System and method for authenticating transactions through a... does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with System and method for authenticating transactions through a..., we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and System and method for authenticating transactions through a... will most certainly appreciate the feedback.

Rate now

Comments { 0 }

Profile ID: LFCA-PAI-O-2042223