WO2015118388A1 - Système et procédé pour une transaction de paiement électronique - Google Patents

Système et procédé pour une transaction de paiement électronique Download PDF

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Publication number
WO2015118388A1
WO2015118388A1 PCT/IB2014/066006 IB2014066006W WO2015118388A1 WO 2015118388 A1 WO2015118388 A1 WO 2015118388A1 IB 2014066006 W IB2014066006 W IB 2014066006W WO 2015118388 A1 WO2015118388 A1 WO 2015118388A1
Authority
WO
WIPO (PCT)
Prior art keywords
packet
transaction
encrypted
server
issuing
Prior art date
Application number
PCT/IB2014/066006
Other languages
English (en)
Inventor
Ramachandra Babu HANUMANTHAPPA
Original Assignee
Spiritus Payments Private Limited
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 Spiritus Payments Private Limited filed Critical Spiritus Payments Private Limited
Publication of WO2015118388A1 publication Critical patent/WO2015118388A1/fr

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
    • 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
    • G06Q20/08—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
    • G06Q20/34—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
    • 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

Definitions

  • the existing electronic financial transaction systems involves customer, merchant, an acquiring bank (which gives POS terminals to the merchants), card associations like Visa ® , MasterCard ® etc., and multiple issuing banks (which is issuer of the cards to its customers).
  • the setup of existing electronic financial transaction is illustrated in Fig. 1.
  • the customer uses a card as payment mode to pay for the availed goods and/or services.
  • the merchant receives the card from the customer to process the sale and swipes/ inserts the card on the POS terminal to obtain card information. Then, the card information and other related information is sent to an acquiring bank.
  • the acquiring bank forwards the transaction information to the card association, which in turn sends the information to issuer bank for authorization in case of off-us transactions.
  • the present disclosure relates to a method for electronic transaction processing.
  • the method comprises receiving input about the transaction through an input unit of the computing device upon initiation of an electronic payment transaction, determining an issuing server from plurality of issuing servers based on the received transaction input, by the computing unit.
  • Fig. 2 illustrates an exemplary system for electronic transaction processing in accordance with an embodiment of the present disclosure
  • the encrypted data is then transmitted to the init server 402 through the communication device 204 at step 508.
  • the init server 402 authorizes the received data and after successful authorization, generates a packet with predefined merchant ID, computing device ID and central server information with encryption.
  • the encrypted packet is then sent to the communication device 204 at step 510.
  • the communication device 204 then transmits the encrypted packet to computing device 202 for decryption at step 512.
  • the computing unit 202 decrypts the packet to retrieve the merchant ID, computing device ID and central server information and forwards the relevant information back to the communication device 204 for conducting transactions at step 514.
  • the computing device 202 is provided with a predetermined key for each of the issuing banks for secure transaction by the remote key management server 404.
  • the transaction input comprises card information.
  • the transaction input may comprise at least one of card pin and biometric data for authentication of the customer.
  • the card pin may be received from the customer through Interactive Voice Response (IVR) method.
  • IVR Interactive Voice Response
  • the central server 208 connects to contact number provided by the customer, thereby prompting the user to enter pin.
  • the pin entered through IVR by the customer is directly received by the central server 208.
  • the computing device 202 stores keys of the plurality of issuing servers 212
  • the computing device 202 can prepare a PIN Block relating to any of the associated issuing server 212.
  • the computing device 202 is configured to detect the issuing server / financial institution upon receiving card information.
  • the method of the present disclosure can be implemented in existing payment transaction systems.

Landscapes

  • Business, Economics & Management (AREA)
  • Engineering & Computer Science (AREA)
  • Accounting & Taxation (AREA)
  • Physics & Mathematics (AREA)
  • Strategic Management (AREA)
  • General Business, Economics & Management (AREA)
  • General Physics & Mathematics (AREA)
  • Theoretical Computer Science (AREA)
  • Finance (AREA)
  • Computer Security & Cryptography (AREA)
  • Microelectronics & Electronic Packaging (AREA)
  • Computer Networks & Wireless Communication (AREA)
  • Cash Registers Or Receiving Machines (AREA)

Abstract

Conformément à des modes de réalisation, l'invention concerne un système et un procédé pour une transaction de paiement électronique. Dans un mode de réalisation, la présente invention concerne un procédé dans lequel une transaction de paiement est initiée et des informations de transaction sont générées par un dispositif informatique. Les informations de transaction sont communiquées à l'aide d'un dispositif de communication au serveur central. Le serveur central doit déchiffrer les informations de transaction et transmettre les informations de transaction au serveur d'émission concerné pour une authentification et une acceptation de paiement. Les informations d'acceptation de transaction sont à nouveau transmises au dispositif de communication par la banque émettrice par l'intermédiaire du serveur central.
PCT/IB2014/066006 2014-02-06 2014-11-13 Système et procédé pour une transaction de paiement électronique WO2015118388A1 (fr)

Applications Claiming Priority (2)

Application Number Priority Date Filing Date Title
IN425/MUM/2014 2014-02-06
IN425MU2014 2014-02-06

Publications (1)

Publication Number Publication Date
WO2015118388A1 true WO2015118388A1 (fr) 2015-08-13

Family

ID=53777375

Family Applications (1)

Application Number Title Priority Date Filing Date
PCT/IB2014/066006 WO2015118388A1 (fr) 2014-02-06 2014-11-13 Système et procédé pour une transaction de paiement électronique

Country Status (1)

Country Link
WO (1) WO2015118388A1 (fr)

Citations (2)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US20040034583A1 (en) * 2002-08-15 2004-02-19 Lanier Cheryl Lynn Systems and methods for performing electronic check commerce
US20120011065A1 (en) * 2009-01-08 2012-01-12 Visa Europe Limited Payment system

Patent Citations (2)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US20040034583A1 (en) * 2002-08-15 2004-02-19 Lanier Cheryl Lynn Systems and methods for performing electronic check commerce
US20120011065A1 (en) * 2009-01-08 2012-01-12 Visa Europe Limited Payment system

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