SECURE AUTHORIZATION OF CONTACTLESS TRANSACTION
First Claim
1. A method for authorizing a financial transaction utilizing an electronic payment credential, the method comprising:
- maintaining information identifying an account associated with the electronic payment credential, the information identifying one or more electronic devices authorized to use the electronic payment credential;
receiving a request to authorize the transaction, wherein the request includes information identifying an electronic device presenting the payment credential; and
authorizing the transaction based at least in part on the information identifying the account, wherein authorizing comprises determining the electronic device presenting the payment credential is one of the electronic devices authorized to use the electronic payment credential.
8 Assignments
0 Petitions
Accused Products
Abstract
Methods, systems, and machine-readable media are disclosed for securely authorizing a financial transaction utilizing an electronic payment credential. According to one embodiment, a method of authorizing a financial transaction utilizing an electronic payment credential can comprise maintaining information identifying an account associated with the electronic payment credential. The information can also identify one or more electronic devices authorized to use the electronic payment credential. A request to authorize the transaction can be received. The request can include information identifying an electronic device presenting the payment credential. The transaction can be authorized based at least in part on the information identifying the account. Authorizing can comprise determining the electronic device presenting the payment credential is one of the electronic devices authorized to use the electronic payment credential.
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Citations
30 Claims
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1. A method for authorizing a financial transaction utilizing an electronic payment credential, the method comprising:
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maintaining information identifying an account associated with the electronic payment credential, the information identifying one or more electronic devices authorized to use the electronic payment credential; receiving a request to authorize the transaction, wherein the request includes information identifying an electronic device presenting the payment credential; and authorizing the transaction based at least in part on the information identifying the account, wherein authorizing comprises determining the electronic device presenting the payment credential is one of the electronic devices authorized to use the electronic payment credential. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 30)
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13. A system for authorizing a financial transaction utilizing an electronic payment credential, the system comprising:
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a mobile electronic device adapted to maintain the electronic payment credential and initiate the financial transaction utilizing the electronic payment credential; and an acquirer system adapted to maintain information identifying an account associated with the electronic payment credential, the information identifying one or more electronic devices authorized to use the electronic payment credential, receive a request to authorize the transaction, wherein the request includes information identifying the mobile electronic device initiating the financial transaction utilizing the electronic payment credential, and authorize the transaction based at least in part on the information identifying the account, wherein authorizing comprises determining the mobile electronic device initiating the transaction is one of the electronic devices authorized to use the electronic payment credential. - View Dependent Claims (14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25)
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26. A machine-readable medium having stored thereon a series of instructions which, when executed by a processor, cause the processor to authorize a financial transaction utilizing an electronic payment credential by:
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maintaining information identifying an account associated with the electronic payment credential, the information identifying one or more electronic devices authorized to use the electronic payment credential; receiving a request to authorize the transaction, wherein the request includes information identifying an electronic device presenting the payment credential; and authorizing the transaction based at least in part on the information identifying the account, wherein authorizing comprises determining the electronic device presenting the payment credential is one of the electronic devices authorized to use the electronic payment credential. - View Dependent Claims (27, 28, 29)
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Specification