Double recognizing method by means of telephone number and identification code for online credit card transactions over the internet

• US 20080255992A1
• Filed: 04/15/2008
• Published: 10/16/2008
• Est. Priority Date: 04/16/2007
• Status: Abandoned Application

• Current Assignee: Chung-Yu Lin
• Original Assignee: Chung-Yu Lin
• Inventors: Lin, Chung-Yu
• Application Number:
  US12/081,328
• Publication Number:
  US 20080255992A1
• Time in Patent Office: Days
• US Class Current: 705/44
• CPC Class Codes: G06Q 20/24 Credit schemes, i.e. "pay after"
• 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 20/425 using two different networks, one for transaction and one for security confirmation
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03

Abstract

The present invention relates to a “double recognizing method by means of telephone number and identification code for online credit card transactions over the internet,” in which the credit card holder not only registers a “self-chosen code” by himself/herself for VBV (Verified By VISA) or MSC (MasterCard SecureCode) network identity verification but also registers another set of “telephone number and identification code” by himself/herself for serving as an exclusive personal double identity recognizing information for online credit card transactions. The credit card issuing bank registers and stores the set of “telephone number and identification code” on a double recognizing database after checking truth of the related identity certificate provided by the credit card holder. When the credit card issuing bank handles the online credit card transaction of the credit card holder over the network, the credit card issuing bank not only proceeds the check on the “self-chosen code” used in the original VBV or MSC verification system but also performs the double check on the “telephone number and identification code” used in the telecommunications transceiving processor platform of the internal credit card double recognizing computer system, for example by sending out a short message to the credit card holder for requesting him/her to immediately reply by another short message to his/her “telephone number and identification code.”

Claims

1. A method of providing additional verification for credit card transactions using a telephone number and identification code directly provided by the card holder over a separate medium during a transaction, comprising the steps of:

a party to the transaction other than the cardholder submitting credit card information over a first medium to a credit card issuing bank for verification using a credit card information database;

the credit card issuing bank requesting at least the identification code directly from the cardholder over the separate medium rather than over the first medium and verifying the telephone number and identification code using a database other than the credit card information database.

2. A method as claimed in claim 1, wherein the separate medium is a telephone network.

3. A method as claimed in claim 2, wherein the network is a cellular network.

4. A method as claimed in claim 1, wherein the separate medium is e-mail.

5. A method as claimed in claim 1, wherein said identification code is a password and a message is sent to the telephone number over the separate medium, said message requesting that the credit card holder respond by entering a password and sending the password back over the first medium in order to verify said telephone number and identification code.

6. A method of providing additional verification for credit card transactions using a telephone number and identification code directly provided by the card holder over a separate medium during a transaction, comprising the steps of:

a. filling in the “

credit card application form”

provided by the credit card issuing bank;

b. keeping a signature form in the “

credit card application form”

as well as providing an identity card, second identity certificate and financial ability certificate to the credit card issuing bank for creating a file as a copy;

c. providing a set of “

telephone number and identification code”

to the credit card issuing bank by the applicant of the credit card for serving as an exclusive personal double identity recognizing information for an online credit card transaction;

d. approving, issuing and mailing the credit card to the credit card holder by the credit card issuing bank after checking the related identity certificate provided in the foregoing steps a and b; and

e. the credit card issuing bank;

(1) registering and storing the personal information of identity and credit card number of the credit card holder on the internal credit card computer database;

(2) additionally registering and storing the set of “

telephone number and identification code”

provided by the credit card holder for serving as exclusive personal double identity recognizing information for an on-line credit card transaction on the double recognizing database in the internal credit card double recognizing computer system;

wherein by means of steps a to e, when handling the credit card holder online credit card transaction over the network, the credit card issuing bank not only proceeding with a check on the credit card issuing bank not only proceeds with a check on at least one of (i) the related identity certificate of the credit card holder and (ii) a “

self-chosen code”

used in an original VBV or MSC verification system, but also (iii) performs a double check on the “

telephone number and identification code”

used in a telecommunications transceiving processor platform of the internal credit card double recognizing computer system, by sending out a short message to the credit card holder requesting him/her to immediately reply to his/her “

telephone number and identification code”

as exclusive personal double identity recognizing information for the online credit card transaction in the form of a short message over the telecommunications network to enable matching comparison with the “

telephone number and identification code”

previously registered and stored in the double recognizing database of the credit card issuing bank for determining whether they are identically matched each other such that a double proof and recognizing mechanism for the identity verification of the credit card holder during an online credit card transaction is carried out over the network.

7. The method as recited in claim 6, wherein the credit card issuing bank proceeds with the check on the self-chosen code, said method further comprising the step, before step e, of inputting the number of the credit card and registering the “

self-chosen code”

with VBV or MSC web-based identity verification function on the VBV or MSC web-based identity verification system of the credit card issuing bank by the credit card holder, who received the credit card, for himself/herself.

8. The method as recited in the claim 6, wherein articles, provisions and clauses stipulated in the form or content of the “

credit card application form”

together with associated identity certificate and signature form described in the step a and step b are all formulated by each credit card issuing bank itself in accordance with the domestic laws of a country of the bank.

9. The method as recited in claim 6, wherein said “

telephone number”

in step c is a household telephone number of the credit card holder, company web-linked telephone number, personal cellular phone number, web-linked telephone number with country code and area code, or cellular phone number with country code.

10. The method as recited in the claim 6, wherein said “

identification code”

in step c is any character, number, symbol or any combination thereof input via a computer keyboard, which can be arbitrarily revised or changed at any time by the original credit card holder personally under a stipulated procedure and rules of the credit card issuing bank after providing for registration.

11. The method as recited in the claim 6, wherein said internal credit card double recognizing computer system is connected with a VBV/MSC mechanism network shop via a second network, and step e is independently carried out by the other internal financial computer systems of the credit card issuing bank having an internal telecommunications transceiving processor platform with a function of automatically sending out a short message to ask the credit card holder to reply his/her “

telephone number and identification code”

in form of short message by his/her cellular phone after receiving the information of the credit card number over the telecommunications network.

12. The method as recited in the claim 6, wherein, in the foregoing step e, said internal credit card double recognizing computer system in the credit card issuing bank is further adapted into an external credit card double recognizing computer system, which is outside of the credit card issuing bank and connected with a second network, so that it has a double recognizing database and telecommunications transceiving processor platform disposed internally with a communication function of sending out a short message to the cellular phone of credit card holder and asking the credit card holder to reply to his/her “

telephone number and identification code”

immediately after receiving related information about the credit card from the credit card holder over the telecommunications network.

13. The method as recited in the claim 6, wherein the content text of the issuing short message from said telecommunications transceiving processor platform initiatively displays the “

telephone number”

registered by the credit card holder and only asks 4 credit card holder to input the “

identification code”

registered into his/her cellular phone for reply.

14. The method as recited in the claim 6, wherein the notification mode of the telecommunications transceiving processor platform is further adapted to use an email or voice mode to inform and ask the credit card holder to reply to his/her registered “

telephone number and identification code.”

15. The method as recited in claim 6, wherein the content text of the issuing short message from said telecommunications transceiving processor platform also displays the “

telephone number”

exactly as registered by the credit card holder in the double recognizing database.