USING A MOBILE PHONE AS A REMOTE PIN ENTRY TERMINAL FOR CNP CREDIT CARD TRANSACTIONS

• US 20090157549A1
• Filed: 12/14/2007
• Published: 06/18/2009
• Est. Priority Date: 12/14/2007
• Status: Abandoned Application

• Current Assignee: International Business Machines Corporation
• Original Assignee: International Business Machines Corporation
• Inventors: Symons, Benjamin Ian
• Application Number:
  US11/957,077
• Publication Number:
  US 20090157549A1
• Time in Patent Office: Days
• US Class Current: 705/44
• CPC Class Codes: G06Q 20/32 using wireless devices
• CPC Class Codes: G06Q 20/322 Aspects of commerce using mobile devices [M-devices]
• CPC Class Codes: G06Q 20/325 using wireless networks
• 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 20/4012 Verifying personal identification numbers [PIN]
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03
• CPC Class Codes: G07F 7/1033 Details of the PIN pad

Abstract

A computer implemented method, computer program product, and data processing system for authorizing a financial transaction with an account. A request to perform the financial transaction with the account is received. The financial transaction is authorized responsive to receiving a pre-determined code from a mobile communication device associated with a user who has authority to authorize the financial transaction.

Claims

1. A computer implemented method of authorizing a financial transaction with an account, the computer implemented method comprising:

receiving a request to perform the financial transaction with the account; and

responsive to receiving a pre-determined code from a mobile communication device associated with a user who has authority to authorize the financial transaction, authorizing the financial transaction.

2. The computer-implemented method of claim 1 further comprising:

responsive to receiving the request, transmitting information about the financial transaction to the mobile communication device.

3. The computer-implemented method of claim 1 further comprising:

responsive to receiving one of a second code different than the predetermined code and a request to cancel the financial transaction, denying the financial transaction.

4. The computer-implemented method of claim 1 wherein the financial transaction comprises a credit card transaction.

5. The computer-implemented method of claim 1 wherein the pre-determined code is transmitted from the mobile communication device by the user inputting the pre-determined code in a Web page transmitted to the mobile communication device by a secure Web server.

6. The computer-implemented method of claim 1 wherein the pre-determined code comprises biometric information received at the mobile communication device.

7. The computer-implemented method of claim 1 wherein the predetermined code further comprises a second pre-determined code entered separately from the pre-determined code.

8. The computer-implemented method of claim 7 wherein the second pre-determined code is entered by a merchant, wherein the merchant is requesting the financial transaction.

9. A computer-implemented method of authorizing a transaction between a first party and a credit account associated with a second party, wherein the credit account is managed by a third party, the computer-implemented method comprising:

responsive to the first party requesting authorization to perform the transaction, receiving from the third party a link to a secure Web server, wherein the link is received at a mobile communication device of the second party;

using the mobile communication device to follow the link;

responsive to following the link, receiving at the mobile communication device a prompt to enter a code; and

responsive to both correctly entering a predetermined code at the mobile communication device and also successfully transmitting the predetermined code from the mobile communication device to the secure Web server, authorizing the transaction.

10. The computer-implemented method of claim 9 further comprising:

responsive to following the link, receiving and displaying, at the mobile communication device, information about the transaction.

11. The computer-implemented method of claim 9 further comprising:

responsive to one of incorrectly entering the predetermined code and transmitting a request to cancel the transaction, denying the transaction.

12. A computer-implemented method of authorizing a transaction between a first party and a credit account associated with a second party, wherein the credit account is managed by a third party, the computer-implemented method comprising:

responsive to the first party requesting authorization to perform the transaction, transmitting from the third party a link to a secure Web server, wherein the link is transmitted to a mobile communication device of the second party;

responsive to a transmission from the mobile communication device, transmitting from the secure Web server to the mobile communication device a prompt to enter a code; and

responsive to receiving at the secure Web server a predetermined code transmitted by the mobile communication device, authorizing the transaction.

13. The computer-implemented method of claim 12 further comprising:

responsive to the transmission, transmitting information about the transaction from the secure Web server to the mobile communication device.

14. The computer-implemented method of claim 12 further comprising:

responsive to receiving of one of a second code different than the predetermined code and a request to cancel the transaction, denying the transaction.

15. A recordable-type medium containing a computer program product for authorizing a financial transaction with an account, the computer program product comprising:

instructions for receiving a request to perform the financial transaction with the account; and

instructions for responsive to receiving a pre-determined code from a mobile communication device associated with a user who has authority to authorize the financial transaction, authorizing the financial transaction.

16. The recordable-type medium of claim 15 wherein the computer program product further comprises:

instructions for, responsive to receiving the request, transmitting information about the financial transaction to the mobile communication device.

17. The recordable-type medium of claim 15 wherein the computer program product further comprises:

instructions for, responsive to receiving one of a second code different than the predetermined code and a request to cancel the financial transaction, denying the financial transaction.

18. The recordable-type medium of claim 15 wherein the pre-determined code is transmitted from the mobile communication device by the user inputting the pre-determined code in a Web page transmitted to the mobile communication device by a secure Web server.

19. The recordable-type medium of claim 15 wherein the pre-determined code comprises biometric information received at the mobile communication device.

20. The recordable-type medium of claim 15 wherein the predetermined code further comprises a second pre-determined code entered separately from the pre-determined code and wherein the second pre-determined code is entered by a merchant, wherein the merchant is requesting the financial transaction.