ANONYMOUS ONLINE PAYMENT SYSTEMS AND METHODS

• US 20080319913A1
• Filed: 05/27/2008
• Published: 12/25/2008
• Est. Priority Date: 05/25/2007
• Status: Active Grant

• Current Assignee: Bryan Taylor, Robert Bourne
• Original Assignee: Bryan Taylor, Robert Bourne
• Inventors: Wang, Yilei, WIECHERS, Xavier
• Granted Patent: US 8,666,905 B2
• Time in Patent Office: Days
• US Class Current: 705/67
• CPC Class Codes: G06Q 20/367 involving electronic purses or money safes
• CPC Class Codes: G06Q 20/3674 involving authentication
• CPC Class Codes: G06Q 20/382 insuring higher security of transaction
• CPC Class Codes: G06Q 20/385 using an alias or single-use codes
• 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 20/401 Transaction verification
• CPC Class Codes: G06Q 2220/00 Business processing using cryptography postage metering system using cryptography G06Q2250/05
• CPC Class Codes: G06Q 30/0603 Catalogue ordering
• CPC Class Codes: G07F 9/002 Vending machines being part of a centrally controlled network of vending machines
• CPC Class Codes: H04L 9/50 using hash chains, e.g. blockchains or hash trees

Abstract

In various embodiments, a central server grants access to a plurality of anonymous one-time-usable, time-sensitive encrypted tokens that identify consumer purchase orders. A plurality of certified merchant servers are certified by being provided with an application to securely connect the certified merchant servers to the central server for, among other things, transmitting purchase order data to the central server for use in generating the tokens. A plurality of financial institution servers can also be certified by being configured for use with an application that enables secure connection to the central server for, among other things, requesting the tokens.

Claims

1. A computer implemented method for executing a secure online transaction comprising:

receiving purchase order data for a purchase order from a remote merchant;

issuing a token to a remote consumer in response to receiving the purchase order data, the token being associated with the purchase order data;

receiving a request for the token from a remote financial institution;

retrieving the token from the remote consumer;

transmitting at least part of the purchase order information associated with the token for display to the consumer party;

receiving an authorization to pay for the purchase order; and

transmitting the authorization to the remote merchant party.

2. The method of claim 1 wherein the token contains purchase order information.

3. The method of claim 1 further comprising receiving a notification from the merchant party that the purchase has been fulfilled.

4. The method of claim 3 further comprising transmitting the notification to the financial institution.

5. The method of claim 1 further comprising receiving an authorization code from the financial institution and transmitting an authorization message to the merchant party.

6. The method of claim 1 wherein no consumer identifying information or access code information is transmitted to or from the merchant throughout the recited steps of claim 1.

7. The method of claim 1 wherein a processor of a central server carries out the recited steps of claim 1 and wherein no consumer identifying information or access code information is transmitted to or from the central server throughout the recited steps of claim 1.

8. The method of claim 1 wherein the token expires in a pre-determined time period if an associated purchase order is not authorized.

9. A system for use in executing a secure online transaction comprising:

a memory;

a processor;

at least one communication port for communicating with remote devices in an online network; and

wherein the processor is operable for use in reading purchase order data and for causing encrypted tokens to be issued to a remote consumer system in response to the receipt of purchase order data, the tokens containing purchase order information, the processor further being operable to cause the tokens to be retrieved from the remote consumer system in response to a request for the tokens.

10. The system of claim 9 wherein the purchase order data is received from a remote merchant system.

11. The system of claim 9 wherein the request for the tokens is receivable from a remote financial institution system.

12. The system of claim 9 wherein the processor is further operable to cause purchase order information to be transmitted to a party requesting the tokens.

13. The system of claim 12 wherein the processor is further operable to cause an authorization received from the party requesting the tokens to be transmitted to a merchant system.

14. A computer implemented method for authorizing payment in a secure transaction comprising:

receiving at a financial institution, a consumer'"'"'s request to view order information previously submitted by the consumer to a merchant server;

transmitting a request to a central server to retrieve one or more encrypted tokens from the consumer'"'"'s computer, the tokens containing order information;

receiving order information and displaying the order information to the consumer;

receiving an authorization from the consumer for an order associated with the displayed order information; and

transmitting a notification of the authorization to the central server, the central server being capable of transmitting notification to a corresponding merchant regarding the authorization.

15. The method of claim 14 wherein the notification received at the central server includes a payment authorization code.

16. The method of claim 14 wherein the tokens are set to expire within a set period of time if an associated order for the tokens is not authorized.

17. The method of claim 14 further comprising receiving a message from the merchant indicating that the order has been fulfilled.

18. The method of claim 17 further comprising electronically transmitting payment to the merchant.

19. The method of claim 14 wherein no consumer identifying information or access code information is transmitted to or from the merchant throughout the recited steps of claim 14.

20. The method of claim 14 wherein no consumer identifying information or access code information is transmitted to or from the central server throughout the recited steps of claim 14.