TRACKING RF TRANSACTION ACTIVITY USING A TRANSACTION DEVICE IDENTIFIER
First Claim
1. A method for facilitating a Radio Frequency (RF) payment transaction at a transaction processing entity, comprising:
- correlating a transaction device identifier to a payment account code;
providing the transaction device identifier to an RF payment device using an internet connection;
receiving, from a merchant system, a transaction request comprising the transaction device identifier, a transaction value, and a merchant system authentication tag;
authenticating the merchant system tag;
associating the transaction device identifier with the payment account code; and
providing authorization for the RF payment transaction to the merchant system when the merchant system authentication tag is authenticated.
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Accused Products
Abstract
In accordance with one exemplary embodiment of the invention, a radio frequency identification (RFID) transaction device is used to complete a transaction. The RFID transaction device may communicate a tertiary number and/or a URL instead of sensitive transaction device information. The tertiary number and/or URL may point the RFID transaction device to a third-party authorizing agent. The third party may verify that the URL and/or a tertiary number corresponds to a valid transaction account on the account provider system. The third party may use the URL and/or the tertiary number to locate the appropriate verifying (e.g., “validating”) information for confirming the transaction account validity. Once the third party verifies the validity of the transaction account using the URL and/or the tertiary number, the third party (e.g., account issuer or acquirer) may provide authorization to the merchant that a transaction may be completed.
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Citations
24 Claims
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1. A method for facilitating a Radio Frequency (RF) payment transaction at a transaction processing entity, comprising:
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correlating a transaction device identifier to a payment account code; providing the transaction device identifier to an RF payment device using an internet connection; receiving, from a merchant system, a transaction request comprising the transaction device identifier, a transaction value, and a merchant system authentication tag; authenticating the merchant system tag; associating the transaction device identifier with the payment account code; and providing authorization for the RF payment transaction to the merchant system when the merchant system authentication tag is authenticated. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9)
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10. A method for tracking Radio Frequency (RF) transaction device activity using an RF Identification (RFID) reader, comprising:
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receiving a transaction device identifier from an RF transaction device; mapping the transaction device identifier; configuring an incentive offer based on at least one factor associated with the transaction device identifier; and transmitting the incentive offer to the RF transaction device. - View Dependent Claims (11, 12, 13)
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14. A Radio Frequency (RF) payment device comprising:
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a first RF transponder to receive a device authentication code from an RF Identification (RFID) reader; a protocol/sequence controller to communicate with the first RF transponder; a transaction device identifier associated with a corresponding account code maintained at a transaction processing entity; a unique device identification code; a unique device encryption key corresponding to the transaction device identifier; and a device authentication circuit to communicate with the database and the protocol/sequence controller, wherein the device authentication circuit is configured to use the unique device encryption key to encrypt the device authentication code and is configured to use the unique device encryption key to encrypt the transaction device identifier; wherein the first RF transponder is configured to transmit at least one of the encrypted device authentication code and the encrypted transaction device identifier to the RFID reader. - View Dependent Claims (15, 16, 17, 18, 19, 20, 21)
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22. A method for facilitating a Radio Frequency (RF) payment transaction using a transponder at an RF payment device, comprising:
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receiving, from a transaction processing entity, a transaction device identifier corresponding to a payment account code; receiving an RF interrogation signal from an RFID reader, wherein the RF interrogation signal comprises a payment device authentication code; activating a transponder system authentication circuit in response to the RF interrogation signal; encrypting the payment device authentication code with a unique encryption key;
providing an encrypted payment device authentication code and a unique payment device identification code to the RFID reader;decrypting an encrypted RFID reader authentication code; comparing the decrypted RFID reader authentication code to an RFID reader authentication code; authenticating the RFID reader when the decrypted RFID reader authentication code matches the RFID reader authentication code; and transmitting the transaction device identifier to the RFID reader. - View Dependent Claims (23, 24)
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Specification