NL2026515B1 - a method, a system, a mobile device and computer program product for performing a payment transaction. - Google Patents

a method, a system, a mobile device and computer program product for performing a payment transaction. Download PDF

Info

Publication number
NL2026515B1
NL2026515B1 NL2026515A NL2026515A NL2026515B1 NL 2026515 B1 NL2026515 B1 NL 2026515B1 NL 2026515 A NL2026515 A NL 2026515A NL 2026515 A NL2026515 A NL 2026515A NL 2026515 B1 NL2026515 B1 NL 2026515B1
Authority
NL
Netherlands
Prior art keywords
mobile device
merchant
transaction
cardholder
payment
Prior art date
Application number
NL2026515A
Other languages
Dutch (nl)
Inventor
Hermanus Petrus Maria Oonk Johannes
Joannes Wilhelmus Van Herp Petrus
Original Assignee
Mobuyou B V
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 Mobuyou B V filed Critical Mobuyou B V
Priority to NL2026515A priority Critical patent/NL2026515B1/en
Priority to PCT/NL2021/050567 priority patent/WO2022066004A1/en
Application granted granted Critical
Publication of NL2026515B1 publication Critical patent/NL2026515B1/en

Links

Classifications

    • 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
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/08—Payment architectures
    • G06Q20/20—Point-of-sale [POS] network systems
    • 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
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/30—Payment architectures, schemes or protocols characterised by the use of specific devices or networks
    • G06Q20/32—Payment architectures, schemes or protocols characterised by the use of specific devices or networks using wireless devices
    • G06Q20/322—Aspects of commerce using mobile devices [M-devices]
    • G06Q20/3224—Transactions dependent on location of M-devices
    • 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
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/30—Payment architectures, schemes or protocols characterised by the use of specific devices or networks
    • G06Q20/32—Payment architectures, schemes or protocols characterised by the use of specific devices or networks using wireless devices
    • G06Q20/322—Aspects of commerce using mobile devices [M-devices]
    • G06Q20/3229—Use of the SIM of a M-device as secure element
    • 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
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/30—Payment architectures, schemes or protocols characterised by the use of specific devices or networks
    • G06Q20/32—Payment architectures, schemes or protocols characterised by the use of specific devices or networks using wireless devices
    • G06Q20/327—Short range or proximity payments by means of M-devices
    • G06Q20/3278—RFID or NFC payments by means of M-devices
    • 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
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/30—Payment architectures, schemes or protocols characterised by the use of specific devices or networks
    • G06Q20/34—Payment architectures, schemes or protocols characterised by the use of specific devices or networks using cards, e.g. integrated circuit [IC] cards or magnetic cards
    • G06Q20/351—Virtual cards
    • 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
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/38—Payment protocols; Details thereof
    • G06Q20/382—Payment protocols; Details thereof insuring higher security of transaction
    • G06Q20/3821—Electronic credentials
    • 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
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/38—Payment protocols; Details thereof
    • G06Q20/40—Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
    • G06Q20/401—Transaction verification
    • G06Q20/4012—Verifying personal identification numbers [PIN]
    • 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
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/38—Payment protocols; Details thereof
    • G06Q20/40—Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
    • G06Q20/401—Transaction verification
    • G06Q20/4014—Identity check for transactions
    • 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
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/38—Payment protocols; Details thereof
    • G06Q20/40—Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
    • G06Q20/401—Transaction verification
    • G06Q20/4014—Identity check for transactions
    • G06Q20/40145—Biometric identity checks

Abstract

The invention relates to a method, a system, a mobile device and computer program product for performing a payment transaction. In an aspect, a payment transaction is performed between a cardholder and a merchant by use of a mobile device, said method comprising the steps of: providing a mobile device comprising a secure element, wherein said secure element is arranged for comprising and exchanging secure data between said mobile device and said merchant, wherein said mobile device comprises a tokenized card of said cardholder; providing a payment terminal for servicing said payment transaction between said cardholder and said merchant; determining, by said mobile device, proximity of said mobile device to said merchant; performing, by said mobile device, authentication of said cardholder through a two-factor authentication routine, upon close proximity of said mobile device to said merchant; initiating, by said mobile device, said payment transaction between said mobile device and said merchant by generating a dynamic cryptogram corresponding to said payment transaction, said cryptogram being based at least on said tokenized card and a transaction amount; execute said transaction by a transaction issuer after validation of said cryptogram; wherein said payment terminal is a digitized payment terminal application comprised in said secure element of said mobile device, and wherein said proximity of said mobile device to said merchant is determined by a beacon-based proximity system.

Description

Title: a method, a system, a mobile device and computer program product for performing a payment transaction. Description Technical Field The invention relates in general to a payment transaction between a cardholder and a merchant, and more in particular to a method of, and a system for performing such a payment transaction with a mobile device, as well as the mobile device and a computer program product to perform such payment transaction. Background Most of the transactions worldwide are still done through payment with a bank card and a payment terminal. Such bank cards are known in many different forms, e.g. credit cards, bank cards, for example having a magnetic stripe. Such magnetic stripe cards store data in the magnetic strip for identification of the cards and thereby its user. These magnetic stripe cards require physical contact for the transaction by swiping the card through the payment terminal.
Nowadays contactless payment is more and more taking over from magnetic strip-based bank cards. Contactless payment chips are for example based on radio-frequency identification or near field communication. They have many advantageous over conventional magnetic strip-based cards, both for the cardholder as for the merchant and amongst which; faster checkout, increased transaction volume, higher spend and reduced cash handling costs. The payments are made in close physical proximity, this in contrast to either mobile payments which are based on cellular or WiFi networks and do not require physical proximity or to bank cards which do require physical contact for the communication.
Each transaction needs an authorization and with contactless payments different cardholder verification methods exist that can be used to authorize a transaction. These depend on the card that is being used as well as the terminal holder which defines the applicable transaction protocol which determines which cardholder verification method is being used, as well as the transaction amount set by the terminal holder. In general, there can be distinguished four types of cardholder verification methods; no verification, a signature, a PIN code or cardholder device/ on device cardholder verification method. The cardholder device or device cardholder verification method is particularly relevant in combination with a digitized version of a conventional magnetic stripe bank card or contactless version. Both cards can be digitized in a mobile device such as a smart phone, smart watch, or tablet. The digitized card not only replaces the physical presence of the bank card but also the corresponding cardholder verification method, which in most cases is a PIN code. For that, it adds a two-factor authentication of the device, for example by a touch ID, face ID or the like.
Such digitized cards have really taken of the last few years, since they are easy to use do not require the physical card and are considered safer than bank cards. Although the digitized cards do not require presence of the physical card of its user, it still requires a Point-of-Sale (POS) terminal. These POS terminals have several drawbacks; fraudulent terminals may exist and can be used to copy card details, they can be susceptible to malware, require a reliable internet connection and are costly, and not least the define the location of the payment by requiring presence of the (digitized) bank card. As such, there is a need for a transaction method with (digitized) bank cards which do not require a Point-of-Sale terminal. Summary In view of the above mentioned disadvantages, it is an object of this invention to provide a Point-of-Sale-less transaction method. According to a first aspect, there is provided In a first aspect there is provided, a method of performing a payment transaction between a cardholder and a merchant by use of a mobile device, said method comprising the steps of:
- providing a mobile device comprising a secure element, wherein said secure element is arranged for comprising and exchanging secure data between said mobile device and said merchant, wherein said mobile device comprises a tokenized card of said cardholder; - providing a payment terminal for servicing said payment transaction between said cardholder and said merchant; - determining, by said mobile device, proximity of said mobile device to said merchant; - performing, by said mobile device, authentication of said cardholder through a two-factor authentication routine, upon close proximity of said mobile device to said merchant; - initiating, by said mobile device, said payment transaction between said mobile device and said merchant by generating a dynamic cryptogram corresponding to said payment transaction, said cryptogram being based at least on said tokenized card and a transaction amount; - execute said transaction by a transaction issuer after validation of said cryptogram; wherein said payment terminal is a digitized payment terminal application comprised in said secure element of said mobile device, and wherein said proximity of said mobile device to said merchant is determined by a beacon-based proximity system.
Contactless payments are rapidly emerging and is taken over from magnetic strip-based bank cards. A key element of the contactless payment is the point of sale terminal which is a hardware component that is located at the merchant or retailer and processes the card payments. Radio Frequency Identification, RFID, Near Field Chip, NFC, or other wireless protocols read the chip of the bank card of the cardholder and checks if the cardholder has sufficient funds to transfer to the merchant and if so, executes the transaction to the merchant.
The point of sale terminal is a typical and recognizable element in the transaction process. Its location is determined by the merchant, which is most often at a counter in the store. The point of sale terminal however has several drawbacks, amongst which fraudulent terminals may exist and can be used to copy card details, they can be susceptible to malware, require a reliable internet connection and are costly, and not least the define the location of the payment by requiring presence of the (digitized) bank card. The inventors came to the insight that the payment transactions are limited by the point-of-sale terminal but that the terminal is also a dominant element in the process of which removal thereof would imply use of a wallet based payment or the like. Such a wallet based payment also implies, that the transaction issuer would have control over and therefore responsibility, liability and accountability of these wallets, which is for several reasons, undesirable.
By virtualization of the payment terminal a digitized payment terminal application is obtained. This digitized payment terminal application can as such be comprised in a secure location like the secure element, in the mobile device of the cardholder. This way, tempering of the digitized payment terminal application is prevented, which allows the party that issues the card or the transaction, i.e. a bank, to certify this virtualized payment or point of sale terminal. Thereby all drawbacks relating to the location and physical presence point of sale or payment terminal are removed. This however requires a trigger of the actual initiation of the transaction, which would in a conventional system be triggered by presence of the contactless bankcard to payment terminal. This trigger is provided by a beacon based system of the merchant, which for example is based on Low Energy Bluetooth or WiFi beacons in the store of the merchant. Whenever the mobile device of the cardholder determined presence of such a beacon, the transaction may be started. In an example, said beacon based proximity system is arranged for wireless personal area network technology. In an example, said digitized payment terminal application comprises a certification obtained by certification of said digitized payment terminal application through a card issuer which provided a bankcard corresponding to said tokenized card comprised in said secure element. In an example, said digitized payment terminal application is a virtual point of sale terminal.
In an example, said method further comprises an enrolment of said tokenized card, by comprising the steps of: - obtaining, by said mobile device, bank card information at least 5 comprising a primary account number or international bank account number; - providing, by said mobile, device, said obtained bank card information to a card issuer corresponding to said bank card; - obtaining, by said mobile device, from said card issuer, said tokenized card after successful validation of said bank card by said card issuer.
In an example, said step of performing said authentication of said cardholder is triggered by said mobile device triggering said proximity to said merchant by use of said beacon-based proximity system.
In an example, said step of initiating, by said mobile device, said payment transaction is triggered by said mobile device triggering said proximity to said merchant by use of said beacon-based proximity system.
In an example, said step of initiating, by said mobile device, said payment transaction is triggered said beacon-based proximity system to determined loss of connection with said mobile device.
In an example, said dynamic cryptogram comprises an encrypted authentication of said cardholder, and an encrypted transaction order at least comprising a transaction amount and an account number of said merchant.
In a second aspect, there is provided, a system for performing a payment transaction between a cardholder and a merchant, said system comprising a mobile device of a cardholder, a beacon-based proximity system of a merchant and a transaction issue system of a transaction issuer, said mobile device comprising a secure element, wherein said secure element is arranged for comprising and exchanging secure data between said mobile device and said merchant, wherein said mobile device comprises a tokenized card of said cardholder, said mobile device further comprising a payment terminal for servicing said payment transaction between said cardholder and said merchant, wherein said proximity system is arranged to determine proximity of said mobile device to said merchant, and said mobile device further being arranged for authentication of said cardholder through a two-factor authentication routine, upon close proximity of said mobile device to said merchant, and initiating said payment transaction between said mobile device and said merchant by generating a dynamic cryptogram corresponding to said payment transaction, said cryptogram being based at least on said tokenized card and a transaction amount, and wherein said transaction issue system is arranged to execute said transaction by a transaction issuer after validation of said cryptogram, wherein said payment terminal is a digitized payment terminal application comprised in said secure element of said mobile device, and wherein said proximity of said mobile device to said merchant is determined by a beacon-based proximity system.
In a third aspect, there is provided, a mobile device comprising a secure element being arranged for comprising and exchanging secure data between said mobile device and said merchant, said secure element being arranged for comprising a digitized payment terminal application to perform the method of any of the previous descriptions.
In a fourth aspect, there is provided, a computer program product, comprising a non-transitory computer accessible storage medium having stored thereupon a sequence of instructions which, when executed by at least one processor or at least one processor core executing one or more threads, causes the at least one processor or the at least one processor core to perform the method of any of the previous descriptions.
In further aspects, there is provided, a payment transaction system for one or more of a hotel for payment of rooms or services at the hotel, a transportation, for renting or use of any type of transportation, amongst which public transportation and bike, car, or other vehicle sharing, and for example in-flight order of beverages and tax-free products, a (fastfood) restaurant payment and/or ordering system for payment and/or ordering of food and/or beverages as well as tipping, as well as food retail payment system.
In any of the above mentioned aspects, the payment terminal may be present as a virtualized payment terminal either in the application running on the (embedded) secure element of the mobile device, or alternatively in a physical device such as a payment terminal on a counter of the merchant, or in a back office environment, e.g. of the transaction or bankcard issuer.
Advantages and examples of the first aspect also apply to the above mentioned other aspects.
Brief Description of the drawings The invention will now be described in a non-limiting way with reference to the accompanying drawings in which like parts are indicated by like reference symbols and which drawing show in: Fig. 1 the steps of performing a payment transaction according the first aspect; Fig. 2 a system for performing a payment transaction according to a further aspect. Detailed description Fig. 1 shows the steps of the method of performing a payment transaction 100 between a cardholder and a merchant by use of a mobile device. The method comprises several steps, which are preferably performed in the following order. First a mobile device is provided 110,. It comprises a secure element, which secure element is arranged for comprising and exchanging secure data between the mobile device and the merchant. The mobile device comprises a tokenized card of said cardholder.
Then, a payment terminal is provided 120, for servicing said payment transaction between said cardholder and said merchant. The mobile device then determines proximity of the mobile device to the merchant and in step 3, performs authentication 130 of the cardholder through a two-factor authentication routine, upon close proximity of the mobile device to the merchant. Then, the mobile device initiates 140 the payment transaction between said mobile device and said merchant by generating a dynamic cryptogram corresponding to said payment transaction. This includes a cryptogram 150 being generated an based at least on said tokenized card and a transaction amount. Finally, the transaction is executed by a transaction issuer after validation of said cryptogram. The payment terminal is a digitized payment terminal application comprised in the secure element of said mobile device, and the proximity of the mobile device to the merchant is determined by a beacon-based proximity system.
Fig. 2 shows a system 200 for performing a payment transaction between a cardholder 220 and a merchant 240. The cardholder is indicated as a customer having a mobile phone 220 or any other mobile device capable of running transaction applications. The system 200 thus comprising a mobile device 220 of a cardholder, and a beacon-based 210, 211, 212 proximity system of a merchants shop 240, and a transaction issue system 230 of a transaction issuer. The mobile device 220 comprises a secure element. This secure element is arranged for comprising and exchanging secure data between said mobile device 220 and said merchant 230, wherein said mobile device 220 comprises a tokenized card of said cardholder. The mobile device further comprises a payment terminal in virtualized form for servicing the payment transaction between the cardholder and the merchant. The proximity system 210, 211, 212, is arranged to determine proximity of the mobile device to the merchant. the mobile device is further being arranged for authentication of the cardholder through a two-factor authentication routine such as a touch id or a face id. This, upon close proximity of the mobile device 220 to the merchant 240, and initiating the payment transaction between said mobile device 220 and the merchant 240 by generating a dynamic cryptogram corresponding to said payment transaction. The cryptogram is being based at least on said tokenized card and a transaction amount, and the transaction issue system 230 is arranged to execute said transaction by a transaction issuer after validation of the dynamic cryptogram. The payment terminal is a digitized payment terminal application comprised in the secure element of the mobile device, a payment terminal at the merchant or in a back office server such as the transaction issue system 230. The proximity of the mobile device to the merchant is determined by a beacon-based proximity system 210, 211, 212 within the physical shop 240.

Claims (12)

CONCLUSIESCONCLUSIONS 1. Een werkwijze voor het uitvoeren van een betalingstransactie tussen een kaarthouder en een handelaar met behulp van een mobiel apparaat, de werkwijze omvattende de stappen van: - het verschaffen van een mobiel apparaat omvattende een beveiligd element, waarbij het beveiligd element is ingericht voor het omvatten en uitwisselen van beveiligde gegevens tussen het mobiele apparaat en de handelaar, waarbij het mobiele apparaat een getokeniseerde kaart van de kaarthouder omvat; - het verschaffen van een betaalterminal voor het uitvoeren van de betalingstransactie tussen de kaarthouder en de handelaar; - het vaststellen, door het mobiele apparaat, van de nabijheid van het mobiele apparaat tot de handelaar; - het uitvoeren, door het mobiele apparaat, van authenticatie van de kaarthouder door een twee factor authenticatieroutine, bij dichte nabijheid van het mobiele apparaat tot de handelaar; - het initiëren, door het mobiele apparaat, van de betalingstransactie tussen het mobiele apparaat en de handelaar door het genereren van een dynamisch cryptogram corresponderende met de betalingstransactie, waarbij het cryptogram is ten minste is gebaseerd op de getokeniseerde kaart en een transactiebedrag; - het uitvoeren van de transactie door een transactie-uitgever na validatie van het cryptogram; waarbij de betalingsterminal een gedigitaliseerde betalingsterminalapplicatie is omvat in het beveiligd element van het mobiele apparaat, en waarbij de nabijheid van het mobiele apparaat tot de handelaar is vastgesteld door een baken-gebaseerd nabijheidssysteem.A method for performing a payment transaction between a cardholder and a merchant using a mobile device, the method comprising the steps of: - providing a mobile device comprising a secure element, the secure element being adapted to including and exchanging secure data between the mobile device and the merchant, the mobile device including a tokenized card of the cardholder; - providing a payment terminal for performing the payment transaction between the cardholder and the merchant; - determining, by the mobile device, the proximity of the mobile device to the merchant; - performing, by the mobile device, authentication of the cardholder by a two factor authentication routine, in close proximity of the mobile device to the merchant; - initiating, by the mobile device, the payment transaction between the mobile device and the merchant by generating a dynamic cryptogram corresponding to the payment transaction, the cryptogram being based at least on the tokenized card and a transaction amount; - execution of the transaction by a transaction issuer after validation of the cryptogram; wherein the payment terminal includes a digitized payment terminal application in the secure element of the mobile device, and wherein the proximity of the mobile device to the merchant is determined by a beacon-based proximity system. 2. De werkwijze volgens conclusie 1, waarbij het baken-gebaseerd nabijheidssysteem is ingericht voor draadloos personal area network technologie.The method of claim 1, wherein the beacon-based proximity system is adapted for wireless personal area network technology. 3. De werkwijze volgens één of meerdere van de voorgaande conclusies, waarbij de gedigitaliseerde betalingsterminalapplicatie een certificatie omvat verkregen door een certificatie van de gedigitaliseerde betalingsterminalapplicatie door een kaartuitgever welke een bankkaart verschafte corresponderende met de getokeniseerde kaart omvat in het beveiligd element.The method according to one or more of the preceding claims, wherein the digitized payment terminal application comprises a certification obtained by a certification of the digitized payment terminal application by a card issuer which includes a bank card provided corresponding to the tokenized card in the secure element. 4. De werkwijze volgens conclusie 3, waarbij de gedigitaliseerde betalingsterminalapplicatie een virtueel point of sale terminal is.The method of claim 3, wherein the digitized payment terminal application is a virtual point of sale terminal. 5. De werkwijze volgens conclusie 1, waarbij de methode verder een inschrijving van de getokeniseerde kaart omvat, door het omvatten van de stappen van: - het verkrijgen, door het mobiele apparaat, van bankkaartinformatie, welke ten minste een primair rekeningnummer van een internationaal bankrekeningnummer omvat; - het verschaffen, door het mobiele apparaat, van het verkregen bankkaartinformatie aan een kaartuitgever corresponderende met de bankkaart; - het verkrijgen, door het mobiele apparaat, van de kaartuitgever, van de getokeniseerde kaart na een succesvolle validatie van de bankkaart door de kaartuitgever.The method according to claim 1, wherein the method further comprises an entry of the tokenized card, comprising the steps of: - obtaining, by the mobile device, bank card information, which is at least a primary account number of an international bank account number includes; - providing, by the mobile device, the obtained bank card information to a card issuer corresponding to the bank card; - obtaining, by the mobile device, from the card issuer, the tokenized card after a successful validation of the bank card by the card issuer. 6. De werkwijze volgens één van de voorgaande conclusies, waarbij de stap van het uitvoeren van de authenticatie van de kaarthouder is getriggerd door het mobiele apparaat welke de nabijheid tot de handelaar triggert door gebruik van het baken- gebaseerd nabijheidssysteem.The method of any preceding claim, wherein the step of performing cardholder authentication is triggered by the mobile device triggering proximity to the merchant using the beacon-based proximity system. 7. De werkwijze volgens één of meerdere van de voorgaande conclusies, waarbij de stap van het initiëren, door het mobiele apparaat, van de betalingstransactie is getriggerd door het mobiele apparaat welke de nabijheid tot de handelaar door gebruik van het baken-gebaseerd nabijheidssysteem triggert.The method according to one or more of the preceding claims, wherein the step of initiating, by the mobile device, the payment transaction is triggered by the mobile device triggering the proximity to the merchant using the beacon-based proximity system. 8. De werkwijze volgens één of meerdere van de voorgaande conclusies, waarbij de stap van het initiëren, door het mobiele apparaat, van de betalingstransactie is getriggerd door het baken-gebaseerd nabijheidssysteem voor het vaststellen van een verlies van verbinding met het mobiele apparaat.The method according to one or more of the preceding claims, wherein the step of initiating, by the mobile device, the payment transaction is triggered by the beacon-based proximity system to determine a loss of connection with the mobile device. 9 De werkwijze volgens één of meerdere van de voorgaande conclusies, waarbij het dynamisch cryptogram een versleutelde authenticatie van de kaarthouder omvat, en een versleutelde transactieorder ten minste omvattende een transactiebedrag en een kaartnummer van de handelaar.The method according to one or more of the preceding claims, wherein the dynamic cryptogram comprises an encrypted authentication of the cardholder, and an encrypted transaction order comprising at least a transaction amount and a card number of the merchant. 10. Een systeem voor het uitvoeren van een betalingstransactie tussen een kaarthouder en een handelaar, het systeem omvattende een mobiel apparaat van een kaarthouder, een baken-gebaseerd nabijheidssysteem van een handelaar en een transactie-uitgiftesysteem van een transactie-uitgever, waarbij het mobiele apparaat een beveiligd element omvat, waarbij het beveiligd element is ingericht voor het omvatten en uitvoeren van beveiligde gegevens tussen het mobiele apparaat en de handelaar, waarbij het mobiele apparaat een getokeniseerde kaart van de kaarthouder omvat, de mobiele apparaat verder omvattende een betalingsterminal voor het uitvoeren van de betalingstransactie tussen de kaarthouder en de handelaar, waarbij het nabijheidssysteem is ingericht voor het vaststellen van de nabijheid van het mobiele apparaat tot de handelaar, en het mobiele apparaat verder is ingericht voor authenticatie van de kaarthouder door een twee-factor authenticatieroutine, bij dichte nabijheid van het mobiele apparaat tot de handelaar, en het initiëren van de betalingstransactie tussen het mobiele apparaat en de handelaar door het genereren van een dynamisch cryptogram corresponderende met de betalingstransactie, waarbij het cryptogram ten minste is gebaseerd op de getokeniseerde kaart en een transactiebedrag, en waarbij het transactie-uitgiftesysteem ingericht is voor het uitvoeren van de transactie door een transactie-uitgever na validatie van het cryptogram, waarbij de betalingsterminal een gedigitaliseerde betalingsterminalapplicatie omvat in het beveiligd element van het mobiele apparaat is, en waarbij de nabijheid van het mobiele apparaat tot de handelaar is vastgesteld door een baken-gebaseerd nabijheidsysteem.10. A system for executing a payment transaction between a cardholder and a merchant, the system comprising a cardholder's mobile device, a merchant's beacon-based proximity system, and a transaction issuance system of a transaction issuer, wherein the mobile device a secure element, the secure element being configured to include and output secure data between the mobile device and the merchant, the mobile device including a tokenized card from the cardholder, the mobile device further comprising a payment terminal for executing the payment transaction between the cardholder and the merchant, wherein the proximity system is configured to determine the proximity of the mobile device to the merchant, and the mobile device is further configured to authenticate the cardholder by a two-factor authentication routine, in close proximity of the mobile a device to the merchant, and initiating the payment transaction between the mobile device and the merchant by generating a dynamic cryptogram corresponding to the payment transaction, the cryptogram being based at least on the tokenized card and a transaction amount, and wherein the transaction issuance system is arranged for carrying out the transaction by a transaction issuer after validation of the cryptogram, the payment terminal comprising a digitized payment terminal application in the secure element of the mobile device, and wherein the proximity of the mobile device to the merchant is determined by a beacon-based proximity system. 11. Een mobiel apparaat omvattende een beveiligd element welke ingericht is voor het omvatten en uitvoeren van beveiligde gegevens tussen het mobiele apparaat en de handelaar, waarbij het beveiligd element is ingericht voor het omvatten van een gedigitaliseerde betalingsterminalapplicatie om de werkwijze van één van de eerdere conclusies 1 tot en met 9 uit te voeren.A mobile device comprising a secure element adapted to include and output secure data between the mobile device and the merchant, the secure element being adapted to include a digitized payment terminal application to implement the method of any preceding claim 1 to 9. 12. Een computerprogrammaproduct, omvattende een niet-tijdelijk computertoegankelijk opslagmedium met daarop opgeslagen een sequentie van instructies welke, wanneer uitgevoerd door ten minste één processor of ten minste één processorkern welke één of meerdere threads uitvoert, veroorzaakt dat de ten minste ene processor of de ten minste ene processorkern de werkwijze volgens één van de eerdere conclusies 1 tot en met 9 uitvoert.A computer program product comprising a non-temporarily computer-accessible storage medium having stored thereon a sequence of instructions which, when executed by at least one processor or at least one processor core executing one or more threads, causes the at least one processor or the at least one processor to at least one processor core performs the method according to one of the preceding claims 1 to 9.
NL2026515A 2020-09-22 2020-09-22 a method, a system, a mobile device and computer program product for performing a payment transaction. NL2026515B1 (en)

Priority Applications (2)

Application Number Priority Date Filing Date Title
NL2026515A NL2026515B1 (en) 2020-09-22 2020-09-22 a method, a system, a mobile device and computer program product for performing a payment transaction.
PCT/NL2021/050567 WO2022066004A1 (en) 2020-09-22 2021-09-22 A method, a system, a mobile device and computer program product for performing a payment transaction

Applications Claiming Priority (1)

Application Number Priority Date Filing Date Title
NL2026515A NL2026515B1 (en) 2020-09-22 2020-09-22 a method, a system, a mobile device and computer program product for performing a payment transaction.

Publications (1)

Publication Number Publication Date
NL2026515B1 true NL2026515B1 (en) 2022-05-24

Family

ID=73005765

Family Applications (1)

Application Number Title Priority Date Filing Date
NL2026515A NL2026515B1 (en) 2020-09-22 2020-09-22 a method, a system, a mobile device and computer program product for performing a payment transaction.

Country Status (2)

Country Link
NL (1) NL2026515B1 (en)
WO (1) WO2022066004A1 (en)

Citations (8)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
WO2010032216A1 (en) * 2008-09-19 2010-03-25 Logomotion, S.R.O. The electronic payment application system and payment authorization method
US20150073980A1 (en) * 2013-09-06 2015-03-12 Ebay Inc. Bluetooth low energy (ble) pre-check in
US20150230045A1 (en) * 2014-02-10 2015-08-13 Jvl Ventures, Llc Mobile devices, methods, and computer program products for prioritizing data sets
US20150269638A1 (en) * 2014-03-19 2015-09-24 Ebay Inc. Managing multiple beacons with a network-connected primary beacon
US20150379650A1 (en) * 2014-06-27 2015-12-31 Ebay Inc. Communication of orders and payments in a drive through using wireless beacons
WO2016122457A1 (en) * 2015-01-27 2016-08-04 Hewlett Packard Enterprise Development Lp Virtual point of sale
US20180206065A1 (en) * 2011-07-26 2018-07-19 Golba Llc Method and system for location based hands-free payment
US20190236583A1 (en) * 2018-01-31 2019-08-01 Target Brands, Inc. Physical shopping chart-to-mobile device associations

Patent Citations (8)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
WO2010032216A1 (en) * 2008-09-19 2010-03-25 Logomotion, S.R.O. The electronic payment application system and payment authorization method
US20180206065A1 (en) * 2011-07-26 2018-07-19 Golba Llc Method and system for location based hands-free payment
US20150073980A1 (en) * 2013-09-06 2015-03-12 Ebay Inc. Bluetooth low energy (ble) pre-check in
US20150230045A1 (en) * 2014-02-10 2015-08-13 Jvl Ventures, Llc Mobile devices, methods, and computer program products for prioritizing data sets
US20150269638A1 (en) * 2014-03-19 2015-09-24 Ebay Inc. Managing multiple beacons with a network-connected primary beacon
US20150379650A1 (en) * 2014-06-27 2015-12-31 Ebay Inc. Communication of orders and payments in a drive through using wireless beacons
WO2016122457A1 (en) * 2015-01-27 2016-08-04 Hewlett Packard Enterprise Development Lp Virtual point of sale
US20190236583A1 (en) * 2018-01-31 2019-08-01 Target Brands, Inc. Physical shopping chart-to-mobile device associations

Also Published As

Publication number Publication date
WO2022066004A1 (en) 2022-03-31

Similar Documents

Publication Publication Date Title
US20230004957A1 (en) Consumer authentication system and method
US10748129B2 (en) Secure authorization of contactless transaction
US9189786B2 (en) Systems and methods for operating transaction terminals
US20230237457A1 (en) Systems and methods for payment processing on platforms
US20160189142A1 (en) Methods and systems of secure credit-card commerce transactions
KR20130119959A (en) Multiple contactless device interactions and communication protocols per tap
GB2533333A (en) Transaction authorisation
US20180182044A1 (en) Systems and methods for generating a user profile using data associated with cash-based financial transactions
WO2013121053A1 (en) A method of processing a card present, card payment transaction
EP3132401A1 (en) Transaction identification and recognition
CN107466409B (en) Binding process using electronic telecommunication devices
US20190114606A1 (en) Personal point of sale (ppos) with dynamic payment kernel configuration for card present e-commerce and in vehicle transaction
US11775946B1 (en) Method and system for digital account management
US20180247283A1 (en) System and method for processing beacon-initiated mobile transactions
US20130211937A1 (en) Using credit card/bank rails to access a user's account at a pos
US20200327589A1 (en) Authorizing a transaction for a restricted item based on user data
US20220253851A1 (en) Electronic method for instantly creating an account using a physical card
US20190333139A1 (en) Processing transactions with an extended application id and dynamic cryptograms
NL2026515B1 (en) a method, a system, a mobile device and computer program product for performing a payment transaction.
US20210383387A1 (en) Name verification service
US20220215370A1 (en) Offloading a signing operation on a user device
RU2461065C2 (en) Consumer authentication system and method
WO2023075593A1 (en) System and method for identifying a customer
CN114600142A (en) Combined token and value evaluation process
US20130080234A1 (en) Method of targeting consumers for up-selling based on purchasing history

Legal Events

Date Code Title Description
HC Change of name(s) of proprietor(s)

Owner name: MOBYYOU B.V.; NL

Free format text: DETAILS ASSIGNMENT: CHANGE OF OWNER(S), CHANGE OF OWNER(S) NAME; FORMER OWNER NAME: MOBUYOU B.V.

Effective date: 20221122