EP4118558A4 - A method of securing a payment card transaction - Google Patents

A method of securing a payment card transaction

Info

Publication number
EP4118558A4
EP4118558A4 EP21768819.1A EP21768819A EP4118558A4 EP 4118558 A4 EP4118558 A4 EP 4118558A4 EP 21768819 A EP21768819 A EP 21768819A EP 4118558 A4 EP4118558 A4 EP 4118558A4
Authority
EP
European Patent Office
Prior art keywords
securing
payment card
card transaction
transaction
payment
Prior art date
Legal status (The legal status is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the status listed.)
Pending
Application number
EP21768819.1A
Other languages
German (de)
French (fr)
Other versions
EP4118558A1 (en
Inventor
Dartanyon Antwaun Williams
Current Assignee (The listed assignees may be inaccurate. Google has not performed a legal analysis and makes no representation or warranty as to the accuracy of the list.)
Duckpond Technologies Inc
Original Assignee
Duckpond Technologies Inc
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by Duckpond Technologies Inc filed Critical Duckpond Technologies Inc
Publication of EP4118558A1 publication Critical patent/EP4118558A1/en
Publication of EP4118558A4 publication Critical patent/EP4118558A4/en
Pending legal-status Critical Current

Links

Classifications

    • H—ELECTRICITY
    • H04—ELECTRIC COMMUNICATION TECHNIQUE
    • H04L—TRANSMISSION OF DIGITAL INFORMATION, e.g. TELEGRAPHIC COMMUNICATION
    • H04L9/00—Cryptographic mechanisms or cryptographic arrangements for secret or secure communications; Network security protocols
    • H04L9/06—Cryptographic mechanisms or cryptographic arrangements for secret or secure communications; Network security protocols the encryption apparatus using shift registers or memories for block-wise or stream coding, e.g. DES systems or RC4; Hash functions; Pseudorandom sequence generators
    • H04L9/065—Encryption by serially and continuously modifying data stream elements, e.g. stream cipher systems, RC4, SEAL or A5/3
    • H04L9/0656—Pseudorandom key sequence combined element-for-element with data sequence, e.g. one-time-pad [OTP] or Vernam's cipher
    • H04L9/0662—Pseudorandom key sequence combined element-for-element with data sequence, e.g. one-time-pad [OTP] or Vernam's cipher with particular pseudorandom sequence generator
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q30/00—Commerce
    • G06Q30/018—Certifying business or products
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q30/00—Commerce
    • G06Q30/06—Buying, selling or leasing transactions
    • G06Q30/0601—Electronic shopping [e-shopping]
    • G06Q30/0609—Buyer or seller confidence or verification
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
    • G06Q40/02—Banking, e.g. interest calculation or account maintenance
    • H—ELECTRICITY
    • H04—ELECTRIC COMMUNICATION TECHNIQUE
    • H04L—TRANSMISSION OF DIGITAL INFORMATION, e.g. TELEGRAPHIC COMMUNICATION
    • H04L63/00—Network architectures or network communication protocols for network security
    • H04L63/08—Network architectures or network communication protocols for network security for authentication of entities
    • H04L63/083—Network architectures or network communication protocols for network security for authentication of entities using passwords
    • H04L63/0838—Network architectures or network communication protocols for network security for authentication of entities using passwords using one-time-passwords
    • H—ELECTRICITY
    • H04—ELECTRIC COMMUNICATION TECHNIQUE
    • H04L—TRANSMISSION OF DIGITAL INFORMATION, e.g. TELEGRAPHIC COMMUNICATION
    • H04L9/00—Cryptographic mechanisms or cryptographic arrangements for secret or secure communications; Network security protocols
    • H04L9/08—Key distribution or management, e.g. generation, sharing or updating, of cryptographic keys or passwords
    • H04L9/0861—Generation of secret information including derivation or calculation of cryptographic keys or passwords
    • H04L9/0863—Generation of secret information including derivation or calculation of cryptographic keys or passwords involving passwords or one-time passwords
    • H—ELECTRICITY
    • H04—ELECTRIC COMMUNICATION TECHNIQUE
    • H04L—TRANSMISSION OF DIGITAL INFORMATION, e.g. TELEGRAPHIC COMMUNICATION
    • H04L2209/00—Additional information or applications relating to cryptographic mechanisms or cryptographic arrangements for secret or secure communication H04L9/00
    • H04L2209/56—Financial cryptography, e.g. electronic payment or e-cash
    • H—ELECTRICITY
    • H04—ELECTRIC COMMUNICATION TECHNIQUE
    • H04L—TRANSMISSION OF DIGITAL INFORMATION, e.g. TELEGRAPHIC COMMUNICATION
    • H04L63/00—Network architectures or network communication protocols for network security
    • H04L63/18—Network architectures or network communication protocols for network security using different networks or channels, e.g. using out of band channels

Landscapes

  • Engineering & Computer Science (AREA)
  • Business, Economics & Management (AREA)
  • Finance (AREA)
  • Accounting & Taxation (AREA)
  • Strategic Management (AREA)
  • General Business, Economics & Management (AREA)
  • Computer Networks & Wireless Communication (AREA)
  • Development Economics (AREA)
  • Economics (AREA)
  • Marketing (AREA)
  • Computer Security & Cryptography (AREA)
  • Theoretical Computer Science (AREA)
  • Physics & Mathematics (AREA)
  • Signal Processing (AREA)
  • General Physics & Mathematics (AREA)
  • Technology Law (AREA)
  • Entrepreneurship & Innovation (AREA)
  • Computer Hardware Design (AREA)
  • Computing Systems (AREA)
  • General Engineering & Computer Science (AREA)
  • Financial Or Insurance-Related Operations Such As Payment And Settlement (AREA)
  • Control Of Vending Devices And Auxiliary Devices For Vending Devices (AREA)
EP21768819.1A 2020-03-10 2021-03-10 A method of securing a payment card transaction Pending EP4118558A4 (en)

Applications Claiming Priority (2)

Application Number Priority Date Filing Date Title
US202062987402P 2020-03-10 2020-03-10
PCT/US2021/021774 WO2021183688A1 (en) 2020-03-10 2021-03-10 A method of securing a payment card transaction

Publications (2)

Publication Number Publication Date
EP4118558A1 EP4118558A1 (en) 2023-01-18
EP4118558A4 true EP4118558A4 (en) 2024-03-27

Family

ID=77671962

Family Applications (1)

Application Number Title Priority Date Filing Date
EP21768819.1A Pending EP4118558A4 (en) 2020-03-10 2021-03-10 A method of securing a payment card transaction

Country Status (8)

Country Link
EP (1) EP4118558A4 (en)
CN (1) CN115605900A (en)
AU (1) AU2021233841A1 (en)
BR (1) BR112022018239A2 (en)
CA (1) CA3170260A1 (en)
MX (1) MX2022011100A (en)
WO (1) WO2021183688A1 (en)
ZA (1) ZA202211085B (en)

Citations (3)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US20090222383A1 (en) * 2008-03-03 2009-09-03 Broadcom Corporation Secure Financial Reader Architecture
US20140279499A1 (en) * 2013-03-12 2014-09-18 Larry J. Kane Single use qr code authorization system
US20190114633A1 (en) * 2017-10-12 2019-04-18 Mastercard International Incorporated Computer system and computer-implemented method for processing payment card transactions

Family Cites Families (4)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
CN1853189A (en) * 2003-06-04 2006-10-25 运通卡国际股份有限公司 Customer authentication in e-commerce transactions
US7841523B2 (en) * 2007-05-17 2010-11-30 Shift4 Corporation Secure payment card transactions
US20100241571A1 (en) * 2009-03-20 2010-09-23 Mcdonald Greg System and method for cardless secure on-line credit card/debit card purchasing
US8527417B2 (en) * 2010-07-12 2013-09-03 Mastercard International Incorporated Methods and systems for authenticating an identity of a payer in a financial transaction

Patent Citations (3)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US20090222383A1 (en) * 2008-03-03 2009-09-03 Broadcom Corporation Secure Financial Reader Architecture
US20140279499A1 (en) * 2013-03-12 2014-09-18 Larry J. Kane Single use qr code authorization system
US20190114633A1 (en) * 2017-10-12 2019-04-18 Mastercard International Incorporated Computer system and computer-implemented method for processing payment card transactions

Non-Patent Citations (1)

* Cited by examiner, † Cited by third party
Title
See also references of WO2021183688A1 *

Also Published As

Publication number Publication date
BR112022018239A2 (en) 2022-10-25
EP4118558A1 (en) 2023-01-18
AU2021233841A1 (en) 2022-11-03
CN115605900A (en) 2023-01-13
MX2022011100A (en) 2023-01-11
CA3170260A1 (en) 2021-09-16
ZA202211085B (en) 2024-02-28
WO2021183688A1 (en) 2021-09-16

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