METHOD AND SYSTEM FOR PAYMENT AUTHENTICATION

• US 20080162295A1
• Filed: 12/29/2006
• Published: 07/03/2008
• Est. Priority Date: 12/29/2006
• Status: Abandoned Application

• Current Assignee: PayPal, Inc. (PayPal Holdings, Inc.)
• Original Assignee: eBay Inc.
• Inventors: Bedier, Osama Mostafa
• Application Number:
  US11/618,104
• Publication Number:
  US 20080162295A1
• Time in Patent Office: Days
• US Class Current: 705/26
• CPC Class Codes: G06Q 20/04 Payment circuits
• 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 20/403 Solvency checks
• CPC Class Codes: G06Q 30/06 Buying, selling or leasing transactions
• CPC Class Codes: G06Q 30/0601 Electronic shopping [e-shopping]

Abstract

Embodiments for a method and system for payment authentication are disclosed. An electronic payment data structure may include one or more electronic payment fields. Each electronic payment field may provide access to an account value from a payment source selected from at least one payment source. A payment transaction data structure may comprise a matching selection associated with a seller criterion. The matching selection may be comparable against verifying data. The seller criterion may define a circumstance in which a payment request from a seller is to be fulfilled. A payment application may fulfill the payment request to the seller when the matching selection matches the verifying data and the circumstance defined by the seller criterion is met.

Claims

1. A system comprising:

an electronic payment data structure comprising one or more electronic payment fields, each electronic payment field providing access to an account value from a payment source selected from at least one payment source;

a payment transaction data structure, the payment transaction data structure comprising a matching selection associated with a seller criterion, the matching selection to be compared against verifying data, the seller criterion defining a circumstance in which a payment request from a seller is to be fulfilled; and

a payment application to fulfill the payment request to the seller when the matching selection matches the verifying data and the circumstance defined by the seller criterion is met.

2. The system of claim 1, wherein the account value indicates a funds availability of the identified payment source in a commercial currency.

3. The system of claim 1, wherein the seller criterion is that the payment request is within a defined range.

4. The system of claim 1, wherein the matching selection is a pin number.

5. The system of claim 1, wherein the matching selection is a security question response, the security question response including a response to a security question.

6. The system of claim 1, wherein the electronic payment data field is at least one of:

a balance field for access to the account value of a user account,

a bank account field for access to the account value in a bank account, or

a credit card account field for access to the account value from a credit card account.

7. The system of claim 1, further comprising:

a payment source selection field to provide an identification of the one or more payment sources to be used for fulfilling a payment request and a priority order in which the one or more payment sources are to be used to fulfill the payment request.

8. The system of claim 1, further comprising at least one of:

an account type field to provide an account identifier to identify whether a user account is associated with a person or a business,

an account id field to provide an account id to enable identification of the user account,

an e-mail address field to provide an e-mail address of a user associated with the user account,

a personal/business information field to provide at least one of a name, a street address, a city, a state, a zip code, a phone number, a social security number, or an employee identification number,

a security question response field to provide a security question response,

a pin number field to provide a pin number for the user account, or

a user defined data field to provide user defined data.

9. A method comprising:

accessing a matching selection, the matching selection to be compared against verifying data;

associating at least one seller criterion with the matching selection, each of the at least one seller criterion defining a circumstance in which a payment request from a seller is to be fulfilled when the matching selection matches the verifying data; and

making the association of the at least one seller criterion with the matching selection available to a payment application, the payment application capable of using the association to determine whether to fulfill the payment request.

10. The method of claim 9, wherein a matching selection is selected from a group of matching selections consisting of at least one of:

an alternate e-mail address, personal information, business information, a security question response, a pin number, a portion of a credit card number, and user defined data.

11. The method of claim 9, wherein a seller criterion is selected from a group of seller criteria consisting of at least one of:

a dollar amount, a transaction history of a user, a geographic location, a seller tier, a seller identification, and a type of an item.

12. A method comprising:

accessing an account identifier and verifying data, the account identifier to identify a user account;

accessing one or more payment source selections associated with the user account; and

processing a payment amount from the one or more payment source selections when the verifying data matches a matching value and a seller criterion associated with the matching value is met.

13. The method of claim 12, wherein processing a payment amount from the one or more payment source selections comprises:

processing a payment amount from the one or more payment source selections based on an associated payment priority when the verifying data matches a matching value and a seller criterion associated with the matching value is met, the associated payment priority for each of the one or more payment source selections identifying an order in which the one or more payment source selections are to be selected for fulfilling the payment amount.

14. The method of claim 12, wherein the one or more payment source selections are selected from a group of payment sources consisting of at least one of:

a balance of a user account, funds available from a bank account, and funds available from a credit card.

15. The method of claim 12, further comprising:

selecting, as an authentication token, a unique identifier to provide authentication for future payments from a buyer to a seller without the need for re-authentication between the buyer, the seller and a payment server; and

providing the authentication token to the seller when the verifying data matches a matching value and a seller criterion associated with the matching value is met.

16. A method comprising:

providing an account identifier of a buyer, verifying data, and a payment amount to an application server, the payment amount including an amount of value to be transferred from the buyer to a seller, the account identifier to be used by the application server to identify a matching selection and an associated seller criterion defined by the buyer; and

receiving a positive response from the application server indicating that the payment amount has posted to an account of the seller when the verifying data matches the matching selection and the seller criterion is satisfied.

17. The method of claim 16, further comprising:

notifying the seller that the payment amount has posted to the account of the seller.

18. The method of claim 16, further comprising:

electronically fulfilling an order of the buyer upon receiving the positive response.

19. A machine-readable medium comprising instructions, which when executed by a machine, cause the machine to:

access a matching selection, the matching selection to be compared against verifying data;

associate at least one seller criterion with the matching selection, each of the at least one seller criterion defining a circumstance in which a payment request from a seller is to be fulfilled when the matching selection matches the verifying data; and

make the association of the at least one seller criterion with the matching selection available to a payment application, the payment application capable of using the association to determine whether to fulfill the payment request.

20. The machine-readable medium of claim 19, wherein a matching selection is selected from a group of matching selections consisting of at least one of:

an alternate e-mail address, personal information, business information, a security question response, a pin number, a portion of a credit card number, or user defined data.

21. A machine-readable medium comprising instructions, which when executed by a machine, cause the machine to:

access an account identifier and verifying data, the account identifier to identify a user account;

access one or more payment source selections associated with the user account; and

process a payment amount from the one or more payment source selections when the verifying data matches a matching value and a seller criterion associated with the matching value is met.

22. The machine-readable medium of claim 21, further comprising instructions, which when executed by a machine, cause the machine to:

select, as an authentication token, a unique identifier to provide authentication for future payments from a buyer to a seller without the need for re-authentication between the buyer, the seller and a payment server; and

provide the authentication token to the seller when the verifying data matches a matching value and a seller criterion associated with the matching value is met.

23. A machine-readable medium comprising instructions, which when executed by a machine, cause the machine to:

provide an account identifier of a buyer, verifying data, and a payment amount to an application server, the payment amount including an amount of value to be transferred from the buyer to a seller, the account identifier to be used by the application server to identify a matching selection and an associated seller criterion defined by the buyer; and

receive a positive response from the application server indicating that the payment amount has posted to an account of the seller when the verifying data matches the matching selection and the seller criterion is satisfied.

24. The machine-readable medium of claim 23, further comprising instructions, which when executed by a machine, cause the machine to:

electronically fulfill an order of the buyer upon receiving the positive response.