ELECTRONIC PAYMENT PROCESSING METHOD AND SYSTEM WITH SMART/AUTHENTICATE FIELDS AND DEFINITIONS

• US 20110218879A1
• Filed: 01/28/2011
• Published: 09/08/2011
• Est. Priority Date: 01/29/2010
• Status: Active Grant

• Current Assignee: CardinalCommerce Corporation (Visa, Inc.)
• Original Assignee: CardinalCommerce Corporation (Visa, Inc.)
• Inventors: Rauhe, Scott, Yucha, Matthew, Romano, Phillip, Ratica, Adam, Roche, Michael
• Granted Patent: US 10,565,586 B2
• Time in Patent Office: Days
• US Class Current: 705/26.41
• CPC Class Codes: G06Q 20/02 involving a neutral party, e.g. certification authority, notary or trusted third party [TTP]
• CPC Class Codes: G06Q 20/04 Payment circuits
• CPC Class Codes: G06Q 20/12 specially adapted for electronic shopping systems
• CPC Class Codes: G06Q 20/382 insuring higher security of transaction
• CPC Class Codes: G06Q 20/4014 Identity check for transactions
• CPC Class Codes: G06Q 20/4016 involving fraud or risk level assessment in transaction processing
• CPC Class Codes: G06Q 20/405 Establishing or using transaction specific rules
• CPC Class Codes: G06Q 20/409 Device specific authentication in transaction processing
• CPC Class Codes: G06Q 30/0613 Third-party assisted
• CPC Class Codes: G07F 7/08 by coded identity card or credit card or other personal identification means without personal verification means G07F7/02

Abstract

A method and corresponding system for supporting authentication processing of commercial transactions conducted over a communications network between consumers and merchants. Payment information for a commercial transaction between a consumer and a merchant is received over the communications network. The payment information identifies a payment instrument supporting an authenticated payment program. A determination is made as to whether to authenticate the consumer using the authenticated payment program based on authentication criteria defined by the merchant. The consumer is authenticated over the communications network in accordance with the authenticated payment program if authentication is determined to be appropriate based on the authentication criteria defined by the merchant.

Claims

1. A method of supporting authentication processing of commercial transactions conducted over a communications network between consumers and merchants, said method comprising:

receiving payment information for a commercial transaction between a consumer and a merchant over the communications network, wherein the payment information identifies a payment instrument supporting an authenticated payment program;

determining whether to authenticate the consumer using the authenticated payment program based on authentication criteria defined by the merchant; and

,

authenticating the consumer over the communications network in accordance with the authenticated payment program if authentication is determined to be appropriate based on the authentication criteria defined by the merchant.

2. The method according to claim 1, wherein the payment information is received from the merchant over the communications network.

3. The method according to claim 1, further including:

receiving second payment information for a second commercial transaction between a second consumer and a second merchant over the communications network, wherein the second payment information identifies a second payment instrument supporting a second authenticated payment program, wherein the merchant and the second merchant are different;

determining whether to authenticate the second consumer using the second authenticated payment program based on the second authentication criteria defined by the second merchant; and

,

authenticating the second consumer over the communications network in accordance with the second authenticated payment program if authentication is determined to be appropriate for the second commercial transaction based on the second authentication criteria defined by the second merchant.

4. The method according to claim 1, wherein the determination is further based on at least one of the payment information, information from other merchants, and historical information.

5. The method according to claim 1, wherein the authentication criteria include one or more rules, said method further including:

ranking the rules in order of priority.

6. The method according to claim 1, wherein the authentication criteria are based on one or more authentication factors.

7. The method according to claim 6, wherein the authentication factors include at least one of currency amount, country currency, enrollment/registering during shopping, billing and shipping information, date and time frames, consumer shopped with before, consumer shopped with before and authenticated, abandonment of transaction, and product codes.

8. The method according to claim 6, wherein the authentication factors include at least one of BIN (Bank Identification Number) range, acquirer merchant ID (MID), access control server (ACS) URL, central servers, attempts, ACS performance, and true A/B test.

9. The method according to claim 1, further including:

determining one or more payment brands the consumer is allowed to use for completing the commercial transaction based on one or more payment brand criteria defined by the merchant; and

,

presenting the determined payment brands to the consumer, wherein a payment brand of the payment instrument is one of the determined payment brands.

10. The method according to claim 9, wherein the payment brand criteria include one or more rules, said method further including:

ranking the rules in order of priority.

11. The method according to claim 9, wherein the payment brand criteria are based on one or more payment brand factors.

12. The method according to claim 11, wherein the payment brand factors include at least one of currency amount, country currency, billing and shipping information, product codes, IP location, country, date and time frames, consumer shopped with before, and consumer shopped with before and authenticated.

13. The method according to claim 11, wherein the payment brand factors include at least one of true A/B test, risk assessment, fraud score, repeat payment brand consumers, and BIN (Bank Identification Number) range.

14. A system for supporting authentication processing of commercial transactions conducted over a communications network between consumers and merchants, comprising:

one or more non-transient computer readable mediums that have computer executable instructions to;

receive payment information for a commercial transaction between a consumer and a merchant over the communications network, wherein the payment information identifies a payment instrument supporting an authenticated payment program;

determine whether to authenticate the consumer using the authenticated payment program based on authentication criteria defined by the merchant; and

,

authenticate the consumer over the communications network in accordance with the authenticated payment program if authentication is determined to be appropriate based on the authentication criteria defined by the merchant; and

,

one or more processors that executable the computer executable instructions stored on the non-transient computer readable mediums.

15. The system according to claim 14, wherein the authentication criteria include one or more rules ranked in order of priority.

16. The system according to claim 14, wherein the computer executable instructions are further operative to:

determine one or more payment brands the consumer is allowed to use for completing the commercial transaction based on one or more payment brand criteria defined by the merchant; and

,

present the determined payment brands to the consumer, wherein a payment brand of the payment instrument is one of the determined payment brands.

17. The system according to claim 16, wherein the payment brand criteria include one or more rules ranked in order of priority.

18. The system according to claim 14, wherein the payment information is received from the merchant over the communications network.

19. The system according to claim 14, wherein the computer executable instructions are further operative to:

receive second payment information for a second commercial transaction between a second consumer and a second merchant over the communications network, wherein the second payment information identifies a second payment instrument supporting a second authenticated payment program, wherein the merchant and the second merchant are different;

determines whether to authenticate the second consumer using the second authenticated payment program based on the second authentication criteria defined by the second merchant; and

,

authenticates the second consumer over the communications network in accordance with the second authenticated payment program if authentication is determined to be appropriate for the second commercial transaction based on the second authentication criteria defined by the second merchant.

20. A system for supporting authentication processing of commercial transactions conducted over a communications network between consumers and merchants, said system comprising:

a universal merchant platform that provides the merchants, over the communications network, a common interface to one or more authenticated payment programs and includes merchant accounts for each of the merchants, wherein each of the merchant accounts include authentication criteria defined by a corresponding merchant; and

,

a decision engine that determines whether to authenticate the consumers in accordance with the authenticated payment programs based on the authentication criteria defined by the merchants.