SG11201804638XA - Method and system for validation of a token requestor - Google Patents

Method and system for validation of a token requestor

Info

Publication number
SG11201804638XA
SG11201804638XA SG11201804638XA SG11201804638XA SG11201804638XA SG 11201804638X A SG11201804638X A SG 11201804638XA SG 11201804638X A SG11201804638X A SG 11201804638XA SG 11201804638X A SG11201804638X A SG 11201804638XA SG 11201804638X A SG11201804638X A SG 11201804638XA
Authority
SG
Singapore
Prior art keywords
international
token
cof
data
store
Prior art date
Application number
SG11201804638XA
Inventor
Barry Koletsky
Aimee Musil
Maurice Liscia
Keith Snyder
Sowmya Lakka
Original Assignee
Mastercard International 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 Mastercard International Inc filed Critical Mastercard International Inc
Publication of SG11201804638XA publication Critical patent/SG11201804638XA/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
    • G06Q20/38—Payment protocols; Details thereof
    • 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
    • G06Q20/3829—Payment protocols; Details thereof insuring higher security of transaction involving key management
    • 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
    • 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
    • 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
    • G06Q20/38215—Use of certificates or encrypted proofs of transaction rights
    • 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
    • G06Q20/405—Establishing or using transaction specific rules

Landscapes

  • Business, Economics & Management (AREA)
  • Accounting & Taxation (AREA)
  • Engineering & Computer Science (AREA)
  • Theoretical Computer Science (AREA)
  • Physics & Mathematics (AREA)
  • General Business, Economics & Management (AREA)
  • General Physics & Mathematics (AREA)
  • Strategic Management (AREA)
  • Finance (AREA)
  • Computer Security & Cryptography (AREA)
  • Development Economics (AREA)
  • Economics (AREA)
  • Computer Networks & Wireless Communication (AREA)
  • Financial Or Insurance-Related Operations Such As Payment And Settlement (AREA)
  • Mobile Radio Communication Systems (AREA)
  • Management, Administration, Business Operations System, And Electronic Commerce (AREA)

Abstract

INTERNATIONAL APPLICATION PUBLISHED UNDER THE PATENT COOPERATION TREATY (PCT) (19) World Intellectual Property Organization 11111111111111111111111111111111111111111111111111111111111111111111111111111111111111111 International Bureau (10) International Publication Number WO 2017/095620 Al (43) International Publication Date 8 June 2017 (08.06.2017) WI P0 I P CT (51) International Patent Classification: (72) Inventors: KOLETSKY, Barry; 1235 Greenland Ham- G06Q 20/38 (2012.01) mock, DeLand, FL 32720 (US). MUSIL, Aimee; 1175 (21) International Application Number: PCT/US2016/061996 Hampton Meadows Drive, O'Fallon, MO 63368 (US). LIS- CIA, Maurice, David; 4821 5th Street, Apt. 1B, Long Is- land City, NY 11101 (US). SNYDER, Keith, E.; 903 Strecker Road, Wildwood, MO 63005 (US). LAKKA, (22) International Filing Date: Sowmya; 17637 Lasiandra Drive, Wildwood, MO 63005 15 November 2016 (15.11.2016) (US). (25) Filing Language: English (74) Agent: DOBBYN, Colm, J.; Mastercard International In- (26) Publication Language: English corporated, 2000 Purchase Street, Purchase, NY 10577 (US). (30) Priority Data: 14/957,444 2 December 2015 (02.12.2015) US (81) Designated States (unless otherwise indicated, for every kind of national protection available): AE, AG, AL, AM, (71) Applicant: MASTERCARD INTERNATIONAL IN- AO, AT, AU, AZ, BA, BB, BG, BH, BN, BR, BW, BY, CORPORATED [US/US]; 2000 Purchase Street, Pur- BZ, CA, CH, CL, CN, CO, CR, CU, CZ, DE, DJ, DK, DM, chase, NY 10577 (US). DO, DZ, EC, EE, EG, ES, FI, GB, GD, GE, GH, GM, GT, HN, HR, HU, ID, IL, IN, IR, IS, JP, KE, KG, KN, KP, KR, KW, KZ, LA, LC, LK, LR, LS, LU, LY, MA, MD, ME, MG, MK, MN, MW, MX, MY, MZ, NA, NG, NI, NO, NZ, OM, PA, PE, PG, PH, PL, PT, QA, RO, RS, RU, RW, SA, SC, SD, SE, SG, SK, SL, SM, ST, SV, SY, TH, TJ, TM, TN, TR, TT, TZ, UA, UG, US, UZ, VC, VN, ZA, ZM, ZW. [Continued on next page] ssuer =LED =pm= (54) Title: METHOD AND SYSTEM FOR VALIDATION OF A TOKEN REQUESTOR (57) : A method for enhanced validation of an entity AMu~rar associated with a COF token includes: storing at least transac- , 116 -14 tion data, a token requester identifier (TRJD), and a COF token identifier; receiving payment credentials, wherein the payment credentials include at least a COF-specific payment token; generating a transaction message, wherein the transac- t tion message is foiinatted based on one or more standards and includes at least a plurality of data elements including at least a first data element configured to store the COF-specific pay- ment token, a second data element configured to store the COF token identifier, a third data element configured to store the TRID, and one or more additional data elements con- figured to store the transaction data; and electronically trans- mitting the generated transaction message to a fmancial insti- tution via a payment network. Payment Network et, Ititit619 Vgdanon Server 110 oz / 108 Wa lel Provde CC= 69.91 wocosso: W O 20 17 /095 6 20 Al Consumer Computing Device COF Ettlit Server FIG.1 / WO 2017/095620 Al MIDEDIMOMOIDEIRMEMONIHRIMOMMOVOIMIE (84) Designated States (unless otherwise indicated, for every kind of regional protection available): ARIPO (BW, GH, GM, KE, LR, LS, MW, MZ, NA, RW, SD, SL, ST, SZ, TZ, UG, ZM, ZW), Eurasian (AM, AZ, BY, KG, KZ, RU, TJ, TM), European (AL, AT, BE, BG, CH, CY, CZ, DE, DK, EE, ES, FI, FR, GB, GR, HR, HU, IE, IS, IT, LT, LU, LV, MC, MK, MT, NL, NO, PL, PT, RO, RS, SE, SI, SK, SM, TR), OAPI (BF, BJ, CF, CG, CI, CM, GA, GN, GQ, GW, KM, ML, MR, NE, SN, TD, TG). Published: with international search report (Art. 21(3))
SG11201804638XA 2015-12-02 2016-11-15 Method and system for validation of a token requestor SG11201804638XA (en)

Applications Claiming Priority (2)

Application Number Priority Date Filing Date Title
US14/957,444 US20170161733A1 (en) 2015-12-02 2015-12-02 Method and system for validation of a token requestor
PCT/US2016/061996 WO2017095620A1 (en) 2015-12-02 2016-11-15 Method and system for validation of a token requestor

Publications (1)

Publication Number Publication Date
SG11201804638XA true SG11201804638XA (en) 2018-06-28

Family

ID=57485893

Family Applications (1)

Application Number Title Priority Date Filing Date
SG11201804638XA SG11201804638XA (en) 2015-12-02 2016-11-15 Method and system for validation of a token requestor

Country Status (9)

Country Link
US (1) US20170161733A1 (en)
EP (1) EP3384447A1 (en)
JP (1) JP6901482B2 (en)
CN (1) CN108701307B (en)
AU (1) AU2016364944A1 (en)
CA (1) CA3007079C (en)
RU (1) RU2693271C1 (en)
SG (1) SG11201804638XA (en)
WO (1) WO2017095620A1 (en)

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US8924259B2 (en) 2013-03-14 2014-12-30 Square, Inc. Mobile device payments
US9741026B1 (en) 2014-09-30 2017-08-22 Square, Inc. Payment by use of identifier
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US11599879B2 (en) 2015-07-02 2023-03-07 Royal Bank Of Canada Processing of electronic transactions
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Also Published As

Publication number Publication date
CA3007079A1 (en) 2017-06-08
JP2019503531A (en) 2019-02-07
EP3384447A1 (en) 2018-10-10
CA3007079C (en) 2020-12-22
CN108701307A (en) 2018-10-23
AU2016364944A1 (en) 2018-06-21
US20170161733A1 (en) 2017-06-08
RU2693271C1 (en) 2019-07-01
WO2017095620A1 (en) 2017-06-08
JP6901482B2 (en) 2021-07-14
CN108701307B (en) 2023-09-05

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