SG10201701042TA - System For Making An Electronic Payment Transaction - Google Patents

System For Making An Electronic Payment Transaction

Info

Publication number
SG10201701042TA
SG10201701042TA SG10201701042TA SG10201701042TA SG10201701042TA SG 10201701042T A SG10201701042T A SG 10201701042TA SG 10201701042T A SG10201701042T A SG 10201701042TA SG 10201701042T A SG10201701042T A SG 10201701042TA SG 10201701042T A SG10201701042T A SG 10201701042TA
Authority
SG
Singapore
Prior art keywords
server
virtual wallet
payment
checkout
vehicle
Prior art date
Application number
SG10201701042TA
Inventor
Sachin Agarwalla
Bhaskara Dantuluri
Original Assignee
Mastercard Asia Pacific Pte Ltd
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 Mastercard Asia Pacific Pte Ltd filed Critical Mastercard Asia Pacific Pte Ltd
Priority to SG10201701042TA priority Critical patent/SG10201701042TA/en
Priority to US15/892,937 priority patent/US10769620B2/en
Publication of SG10201701042TA publication Critical patent/SG10201701042TA/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
    • G06Q20/30—Payment architectures, schemes or protocols characterised by the use of specific devices or networks
    • G06Q20/36—Payment architectures, schemes or protocols characterised by the use of specific devices or networks using electronic wallets or electronic money safes
    • G06Q20/363—Payment architectures, schemes or protocols characterised by the use of specific devices or networks using electronic wallets or electronic money safes with the personal data of a user
    • 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
    • G06Q20/02—Payment architectures, schemes or protocols involving a neutral party, e.g. certification authority, notary or trusted third party [TTP]
    • G06Q20/027—Payment architectures, schemes or protocols involving a neutral party, e.g. certification authority, notary or trusted third party [TTP] involving a payment switch or gateway
    • 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
    • G06Q20/12—Payment architectures specially adapted for electronic shopping 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
    • G06Q20/36—Payment architectures, schemes or protocols characterised by the use of specific devices or networks using electronic wallets or electronic money safes
    • G06Q20/367—Payment architectures, schemes or protocols characterised by the use of specific devices or networks using electronic wallets or electronic money safes involving electronic purses or money safes
    • G06Q20/3674—Payment architectures, schemes or protocols characterised by the use of specific devices or networks using electronic wallets or electronic money safes involving electronic purses or money safes involving authentication

Landscapes

  • Business, Economics & Management (AREA)
  • Accounting & Taxation (AREA)
  • Engineering & Computer Science (AREA)
  • Physics & Mathematics (AREA)
  • Finance (AREA)
  • Strategic Management (AREA)
  • General Business, Economics & Management (AREA)
  • General Physics & Mathematics (AREA)
  • Theoretical Computer Science (AREA)
  • Computer Networks & Wireless Communication (AREA)
  • Computer Security & Cryptography (AREA)
  • Financial Or Insurance-Related Operations Such As Payment And Settlement (AREA)
  • Cash Registers Or Receiving Machines (AREA)

Abstract

SYSTEM FOR MAKING AN ELECTRONIC PAYMENT TRANSACTION Disclosed herein is a computer system for making an electronic payment transaction. The system comprises a checkout server and a virtual wallet server. The checkout server and virtual wallet server each comprise at least one processor and at least one memory including computer program code. The computer program code of the checkout server and the virtual wallet server collectively configure the computer system to, with the respective at least one processor, receive, at the checkout server, a checkout request and enable payment for the electronic payment transaction using a virtual wallet registered on the virtual wallet server, the virtual wallet comprising a payment vehicle having a payment vehicle identifier comprising a number of characters for uniquely identifying the payment vehicle. The computer program code is further configured to cause the computer system to receive a virtual wallet identifier at the virtual wallet server, the virtual wallet identifier identifying the virtual wallet, send shopping cart details including a shopping cart value from the checkout server to the virtual wallet server, transmit, from the virtual wallet server to the checkout server, payment data comprising a proper subset of the characters from which the payment vehicle identifier can be inferred and receive a payment confirmation at the checkout server, confirming payment for the electronic payment transaction should be made using the payment vehicle. That payment confirmation is then sent to the virtual wallet server, and payment is processed for the shopping cart value using the payment vehicle. FIG. 1
SG10201701042TA 2017-02-09 2017-02-09 System For Making An Electronic Payment Transaction SG10201701042TA (en)

Priority Applications (2)

Application Number Priority Date Filing Date Title
SG10201701042TA SG10201701042TA (en) 2017-02-09 2017-02-09 System For Making An Electronic Payment Transaction
US15/892,937 US10769620B2 (en) 2017-02-09 2018-02-09 System for making an electronic payment transaction

Applications Claiming Priority (1)

Application Number Priority Date Filing Date Title
SG10201701042TA SG10201701042TA (en) 2017-02-09 2017-02-09 System For Making An Electronic Payment Transaction

Publications (1)

Publication Number Publication Date
SG10201701042TA true SG10201701042TA (en) 2018-09-27

Family

ID=63037040

Family Applications (1)

Application Number Title Priority Date Filing Date
SG10201701042TA SG10201701042TA (en) 2017-02-09 2017-02-09 System For Making An Electronic Payment Transaction

Country Status (2)

Country Link
US (1) US10769620B2 (en)
SG (1) SG10201701042TA (en)

Families Citing this family (2)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
WO2017181185A1 (en) * 2016-04-15 2017-10-19 Visa International Service Association System and method for secure web payments
US10956885B2 (en) * 2016-05-13 2021-03-23 Moneris Solutions Corporation Apparatus and method for payment processing

Family Cites Families (14)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
TWI256006B (en) * 2004-12-27 2006-06-01 Ind Tech Res Inst Shopping assistant method and system
US8352323B2 (en) * 2007-11-30 2013-01-08 Blaze Mobile, Inc. Conducting an online payment transaction using an NFC enabled mobile communication device
US20090132362A1 (en) * 2007-11-21 2009-05-21 Mobile Candy Dish, Inc. Method and system for delivering information to a mobile communication device based on consumer transactions
US8290433B2 (en) * 2007-11-14 2012-10-16 Blaze Mobile, Inc. Method and system for securing transactions made through a mobile communication device
US20080208762A1 (en) * 2007-02-22 2008-08-28 First Data Corporation Payments using a mobile commerce device
WO2012151590A2 (en) * 2011-05-05 2012-11-08 Transaction Network Services, Inc. Systems and methods for enabling mobile payments
US9710807B2 (en) * 2011-08-18 2017-07-18 Visa International Service Association Third-party value added wallet features and interfaces apparatuses, methods and systems
AU2013206449A1 (en) * 2012-06-20 2014-01-16 Visa International Service Association Multi-channel remote payment apparatuses, methods and systems
US9589262B2 (en) * 2013-03-01 2017-03-07 Samsung Pay, Inc. Mobile checkout systems and methods
US20140279474A1 (en) * 2013-03-12 2014-09-18 Visa International Service Association Multi-purse one card transaction apparatuses, methods and systems
CN107408244B (en) * 2015-03-06 2021-12-31 万事达卡国际股份有限公司 Secure mobile remote payment
GB2539710A (en) * 2015-06-26 2016-12-28 Aspholm Invest Oy Mobile device based digital wallet for retail shopping, related system and method
US10867324B2 (en) * 2017-08-13 2020-12-15 MMS Analytics, Inc. Methods and systems for managing healthcare costs
US20190050770A1 (en) * 2017-08-13 2019-02-14 MMS Analytics, Inc. Methods and systems for managing healthcare costs

Also Published As

Publication number Publication date
US20180225657A1 (en) 2018-08-09
US10769620B2 (en) 2020-09-08

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