METHOD AND SYSTEM FOR PROCESSING INTERNET PURCHASE TRANSACTIONS

• US 20080071682A1
• Filed: 08/29/2007
• Published: 03/20/2008
• Est. Priority Date: 08/29/2006
• Status: Active Grant

• Current Assignee: Visa International Service Association (Visa, Inc.)
• Original Assignee: Visa International Service Association (Visa, Inc.)
• Inventors: Dominguez, Benedicto
• Granted Patent: US 8,688,543 B2
• Time in Patent Office: Days
• US Class Current: 705/44
• CPC Class Codes: G06Q 20/3674 involving authentication
• CPC Class Codes: G06Q 20/382 insuring higher security of transaction
• CPC Class Codes: G06Q 20/40 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
• CPC Class Codes: G06Q 20/4015 using location information
• CPC Class Codes: G06Q 30/00 Commerce
• CPC Class Codes: G06Q 30/0619 Neutral agent

Abstract

A method for minimizing risk of a consumer performing a fraudulent Internet purchase transactions using a transaction card is disclosed herein, the method comprising receiving an enrollment verification request for a transaction from a merchant'"'"'s website, transmitting the enrollment verification request to an access control server; receiving an enrollment verification response from the access control server, determining whether the transaction is risky based on at least a portion of the enrollment verification request, if the transaction is not risky, forwarding the enrollment verification response to the merchant website and it the transaction is risky, modifying the enrollment verification response to denote the transaction is risky and forwarding the modified enrollment verification response to the merchant'"'"'s website.

Claims

1. A method for minimizing risk of a consumer performing a fraudulent Internet purchase transaction using a transaction card, the method comprising:

receiving an enrollment verification request for a transaction from a merchant'"'"'s website;

transmitting the enrollment verification request to an access control server;

receiving an enrollment verification response from the access control server;

determining whether the transaction is risky based on at least a portion of the enrollment verification request;

if the transaction is not risky, forwarding the enrollment verification response to the merchant website; and

if the transaction is risky;

modifying the enrollment verification response to denote the transaction is risky, and

forwarding the modified enrollment verification response to the merchant'"'"'s website.

2. The method of claim 1, wherein the enrollment verification request comprises an account number.

3. The method of claim 2, wherein the enrollment verification response indicates whether cardholder authentication is available for the account number.

4. The method of claim 1, wherein determining whether the transaction is risky comprises at least one of:

identifying whether the account number has been previously used at the same merchant for the same amount;

determining whether a dollar amount limit for the account number has been exceeded; and

comparing a geographic location corresponding to an IP address of the consumer'"'"'s computer.

5. The method of claim 1, further comprising transmitting, if the transaction is risky, an alert to the transaction card'"'"'s issuer warning the issuer that the transaction is risky.

6. The method of claim 2, wherein the enrollment verification request further comprises one or more items to be purchased by the consumer, a total cost for the transaction, an identity of the merchant, and information pertaining to the consumer'"'"'s internet browser.

7. A method for minimizing risk of a consumer performing a fraudulent Internet purchase transaction with a merchant using a transaction card, the method comprising:

receiving a transaction request, wherein the transaction request contains information pertaining to the transaction, and wherein the transaction request pertains to a consumer account;

comparing the transaction request information with information contained in a historical database to determine whether the transaction is at risk for being fraudulent;

if the comparison determines the transaction is risky, transmitting a response to the transaction request, wherein the response to the transaction request notes that the transaction is risky; and

updating the information contained in the historical database with the transaction request information.

8. The method of claim 7, wherein the transaction request comprises one or more items to be purchased by the consumer, a total cost for the transaction, an identity of the merchant, and information pertaining to the consumer'"'"'s internet browser.