METHOD AND SYSTEM FOR PAYMENT AUTHORIZATION AND CARD PRESENTATION USING PRE-ISSUED IDENTITIES

• US 20080288404A1
• Filed: 05/15/2008
• Published: 11/20/2008
• Est. Priority Date: 05/18/2007
• Status: Active Grant

• Current Assignee: Visa International Service Association (Visa, Inc.)
• Original Assignee: Visa International Service Association (Visa, Inc.)
• Inventors: Manessis, Thomas, Pirzadeh, Kiushan, Hurry, Simon John
• Granted Patent: US 8,725,638 B2
• Time in Patent Office: Days
• US Class Current: 705/44
• CPC Class Codes: G06F 21/31 User authentication
• CPC Class Codes: G06F 21/34 involving the use of external additional devices, e.g. dongles or smart cards
• CPC Class Codes: G06F 2221/2103 Challenge-response
• CPC Class Codes: G06F 2221/2135 Metering
• CPC Class Codes: G06F 2221/2141 Access rights, e.g. capability lists, access control lists, access tables, access matrices
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• 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 30/06 Buying, selling or leasing transactions
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03

Abstract

Systems and methods for authenticating a party are disclosed. A transaction may be initiated between a relying party and a presenter. The relying party can send the presenter a message with transaction information and requirements for authentication. The presenter can forward the message to a third party, which can authenticate the presenter to the relying party.

Claims

1. A method involving a presenter for completing a transaction, comprising:

providing one or more virtual cards to a presenter, wherein each virtual card relates to an identity;

receiving authentication data relating to a selected virtual card;

verifying said authentication data;

receiving a message routed by the presenter from a relying party, wherein the message includes an identifier for the relying party and a transaction amount; and

sending a message through the presenter to the relying party, wherein the message contains transaction information and data related to the identity associated with the virtual card.

2. A method as recited in claim 1 wherein the presenter is the issuer of the selected virtual card.

3. A method as recited in claim 1 wherein said virtual card is stored as data on a network access device.

4. A method as recited in claim 1 wherein said transaction is a purchase of goods or services.

5. A method as recited in claim 1 wherein the message containing data related to the identity associated with the virtual card is sent to the relying party over the Internet.

6. A method as recited in claim 1 wherein the message from the relying party includes a request for formfill.

7. A method as recited in claim 1 wherein the message from the relying party includes multiple data fields.

8. A method as recited in claim 7 wherein the message from the relying party includes a merchant identifier, a transaction identifier, and a transaction amount.

9. A method as recited in claim 8 wherein the message from the relying party further includes deposit account information, the method further comprising transferring funds associated with the transaction to the deposit account.

10. A method as recited in claim 1 wherein the message containing data related to the identity associated with the virtual card includes an authorization of the transaction.

11. A method as recited in claim 1 wherein the message containing data related to the identity associated with the virtual card includes an authentication of the identity of the presenter.

12. A method for completing a transaction comprising:

receiving one or more virtual cards, by one or more issuers, wherein each said virtual card relates to an identity;

receiving from a relying party a policy, wherein said policy relates to one or more requirements;

receiving from the relying party data representing underlying transaction details;

selecting an eligible virtual card;

sending authentication data to an issuer corresponding to said virtual card;

forwarding the underlying transaction details to the issuer;

receiving, from the issuer, a message containing data related to the identity associated with the virtual card to the relying party; and

forwarding the message to the relying party.

13. A method as in claim 12, wherein said message relates to a payment guarantee.

14. A method as in claim 12, wherein said message relates to an authentication.

15. A method as in claim 12, wherein said message relates to an authorization.

16. A method involving a presenter, an issuer, and a relying party for completing a transaction, comprising:

receiving a request for a transaction;

sending transaction details to the presenter, wherein the transaction details include a merchant identifier, a transaction identifier, and a transaction amount;

receiving a message from the presenter, wherein the message has been sent to the presenter by the issuer; and

verifying the signature of the message.

17. A method as in claim 16, wherein the message includes track 2 credit data.

18. A method as in claim 16, wherein the message includes a transaction authorization.

19. A method as in claim 16, wherein the transaction details further include deposit account information.

20. A computer readable medium comprising:

code for providing one or more virtual cards to the presenter, wherein each virtual card relates to an identity;

code for receiving authentication data relating to a selected virtual card;

code for receiving a message from a relying party relating to the transaction;

code for verifying said authentication data; and

code for sending a message containing data related to the identity associated with the virtual card to the relying party, wherein the message further contains transaction information.

21. A server comprising:

the computer readable medium of claim 20; and

a processor coupled to the computer readable medium.

22. A computer readable medium as in claim 20, further comprising code for transmitting data over the internet.

23. A computer readable medium as in claim 20, further comprising code for digitally signing the message.

24. A computer readable medium comprising:

code for receiving and storing one or more virtual cards, by one or more issuers, wherein each said virtual card relates to an identity;

code for receiving from a relying party a policy, wherein said policy relates to one or more requirements;

code for receiving from the relying party data representing underlying transaction details;

code for selecting an eligible virtual card;

code for sending authentication data relating to said selected virtual card to the issuer corresponding to said virtual card;

code for forwarding the underlying transaction details to the issuer;

code for receiving, from the issuer, a message containing data related to the identity associated with the virtual card to the relying party; and

code for forwarding the message to the relying party.

25. A phone comprising:

the computer readable medium of claim 24;

a processor coupled to the computer readable medium; and

an antenna coupled to the processor.