Methods and systems for performing tokenless financial transactions over a transaction network using biometric data
First Claim
1. A method for authorizing a debit payment transaction, comprising:
- collecting a transaction data and a customer registration data at a point of sale terminal, the customer registration data comprising at least a candidate biometric sample and a unique identifier;
transmitting the unique identifier from the point of sale terminal to a central server;
transmitting a primary reference template and a debit account data from the central server to the point of sale terminal;
determining whether the candidate biometric sample matches the primary reference template;
determining whether the debit payment transaction should be authorized based on predetermined criteria; and
if it is determined that the candidate biometric sample matches the primary reference template and it is determined that the debit payment transaction should be authorized based on predetermined criteria, then authorizing the debit payment transaction.
1 Assignment
0 Petitions
Accused Products
Abstract
Systems and methods for performing tokenless financial transactions over a transaction network using biometric data. Financial transactions are completed without tokens, such as credit cards, debit cards, magnetic stripe cards, smart cards, RFID devices, and the like. A customer'"'"'s identity is authenticated and the transaction is accepted by the customer using biometric information obtained at the point of sale from the customer by means of a point of sale terminal. In preferred embodiments, the customer'"'"'s biometric information never leaves the point of sale terminal, but, rather, is authenticated over a transaction network in conjunction with a server that holds reference templates of the customer'"'"'s biometric information, as well as account information. Transactions may be authorized directly by a participating financial institution or indirectly through payment networks such as Visa® and MasterCard®.
141 Citations
32 Claims
-
1. A method for authorizing a debit payment transaction, comprising:
-
collecting a transaction data and a customer registration data at a point of sale terminal, the customer registration data comprising at least a candidate biometric sample and a unique identifier;
transmitting the unique identifier from the point of sale terminal to a central server;
transmitting a primary reference template and a debit account data from the central server to the point of sale terminal;
determining whether the candidate biometric sample matches the primary reference template;
determining whether the debit payment transaction should be authorized based on predetermined criteria; and
if it is determined that the candidate biometric sample matches the primary reference template and it is determined that the debit payment transaction should be authorized based on predetermined criteria, then authorizing the debit payment transaction. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11)
-
-
12. A method for authorizing a debit payment transaction, comprising:
-
collecting a transaction data and a customer registration data at a point of sale terminal, the customer registration data comprising at least a candidate biometric sample and a unique identifier;
transmitting the unique identifier from the point of sale terminal to a central server;
transmitting a primary reference template from the central server to the point of sale terminal;
determining whether the candidate biometric sample matches the primary reference template;
if the candidate biometric sample matches the primary reference template, then transmitting a debit account data from the central server to the point of sale terminal;
determining whether the debit payment transaction should be authorized based on predetermined criteria; and
if it is determined that the debit payment transaction should be authorized based on predetermined criteria, then authorizing the debit payment transaction. - View Dependent Claims (13, 14, 15, 16, 17, 18, 19, 20, 21, 22)
-
-
23. A method for authorizing a credit payment transaction, comprising:
-
collecting a transaction data and a customer registration data at a point of sale terminal, the customer registration data comprising at least a candidate biometric sample and a unique identifier;
transmitting the unique identifier from the point of sale terminal to a central server;
transmitting a primary reference template and a credit account data from the central server to the point of sale terminal;
determining whether the candidate biometric sample matches the primary reference template; and
if it is determined that the candidate biometric sample matches the primary reference template, then sending an authenticated authorization request to an issuing bank corresponding to the credit account data. - View Dependent Claims (24, 25, 26, 27, 28, 29, 30, 31)
-
-
32. A method for authorizing a debit payment transaction, comprising:
-
collecting a transaction data and a customer registration data at a point of sale terminal, the customer registration data comprising at least a candidate biometric sample and a unique identifier;
transmitting the unique identifier from the point of sale terminal to a central server;
transmitting a primary reference template and a debit account data from the central server to the point of sale terminal, the debit account data comprising data regarding available funds in a pre-funded stored value account from which the debit payment transaction is to be funded;
determining whether the candidate biometric sample matches the primary reference template;
determining whether the debit payment transaction should be authorized based on predetermined criteria;
if it is determined that the candidate biometric sample matches the primary reference template and it is determined that the debit payment transaction should not be authorized due to insufficient funds in the pre-funded stored value account, then providing an offer via the point of sale terminal to transfer funds into the pre-funded stored value account from a registered customer checking account;
if the offer is accepted, then requesting the customer to input via the point of sale terminal an amount to be transferred;
issuing a credit block request for the amount to be transferred to an issuing bank of a collateral credit account; and
if the credit block request is confirmed by the issuing bank, then transmitting a request to transfer funds from the registered customer checking account to the pre-funded stored value account and authorizing the debit payment transaction.
-
Specification