PAYMENT TOKENIZATION APPARATUSES, METHODS AND SYSTEMS

• US 20120030047A1
• Filed: 06/03/2011
• Published: 02/02/2012
• Est. Priority Date: 06/04/2010
• Status: Abandoned Application

• Current Assignee: Visa International Service Association (Visa, Inc.)
• Original Assignee: Visa International Service Association (Visa, Inc.)
• Inventors: Trifiletti, Greg, Ciurea, Peter, Hammad, Ayman, Fuentes, Jacob, Dill, Matthew
• Application Number:
  US13/153,301
• Publication Number:
  US 20120030047A1
• Time in Patent Office: Days
• US Class Current: 705/26.1
• CPC Class Codes: G06Q 20/04 Payment circuits
• CPC Class Codes: G06Q 20/326 Payment applications installed on the mobile devices
• CPC Class Codes: G06Q 20/401 Transaction verification
• CPC Class Codes: G06Q 20/425 using two different networks, one for transaction and one for security confirmation
• CPC Class Codes: G06Q 30/0601 Electronic shopping [e-shopping]

Abstract

The PAYMENT TOKENIZATION APPARATUSES, METHODS AND SYSTEMS (“PT”) transform payment token-based purchase orders via PT components into multi-issuer purchase payment funds transfers. In one embodiment, the PT obtains a token arbitration request including unique source-neutral universally-resolvable payment token information from a merchant for processing a purchase order from a user. The PT queries a token database for issuer information on an issuer using the payment token information, and obtains the issuer information. The PT also determines that the user should be queried for payment options based on the issuer information, generates a payment options request, and provides the payment options request to a mobile device of the user. Upon obtaining a response to the payment options request from the mobile device of the user, the PT generates a purchase authorization request based on the payment options and pre-defined settings for issuers to be contacted for processing the purchase order, and provides the generated purchase authorization request to the issuer.

Claims

1. A payment token arbitration processor-implemented method, comprising:

obtaining a token arbitration request including unique source-neutral universally-resolvable payment token information from a merchant for processing a purchase order from a user;

querying a token database for issuer information on an issuer using the payment token information;

obtaining the issuer information based on querying the token database;

generating via a processor a purchase authorization request using the issuer information and data extracted from the token arbitration request; and

providing the generated purchase authorization request to the issuer.

2. The method of claim 1, further comprising:

determining that the user should be queried for payment options based on the issuer information;

generating a payment options request for the user; and

providing the payment options request to a mobile device of the user.

3. The method of claim 2, further comprising:

obtaining a response to the payment options request from the mobile device of the user;

extracting the payment options from the response;

generating purchase authorization requests for a plurality of issuers based on the payment options and pre-defined settings for issuers to be contacted for processing the purchase order from the user; and

providing the generated purchase authorization requests for the plurality of issuers.

4. The method of claim 3, wherein the issuer information includes the pre-defined settings for issuers to be contacted for processing the purchase order from the user.

5. The method of claim 2, further comprising:

providing a request for user authentication to the mobile device of the user;

obtaining a response from the mobile device to the request for user authentication;

determining that the user is authenticated to utilize the payment token information for the purchase order, based on the response to the request for user authentication; and

generating the purchase authorization request after determining that the user is authenticated to utilize the payment token information for the purchase order.

6. The method of claim 2, further comprising:

obtaining a response to the payment options request from the mobile device of the user;

extracting the payment options from the response;

generating updated pre-defined settings for issuers to be contacted for processing the purchase order from the user; and

storing the updated pre-defined settings for issuers to be contacted for processing the purchase order from the user.

7. The method of claim 1, wherein the purchase authorization request is generated using pre-defined settings included in the issuer information on issuers to be contacted for processing the purchase order from the user.

11. The means of claim 3, wherein the issuer information includes the pre-defined settings for issuers to be contacted for processing the purchase order from the user.

8. A payment token arbitration means, comprising:

means for obtaining a token arbitration request including unique source-neutral universally-resolvable payment token information from a merchant for processing a purchase order from a user;

means for querying a token database for issuer information on an issuer using the payment token information;

means for obtaining the issuer information based on querying the token database;

means for generating a purchase authorization request using the issuer information and data extracted from the token arbitration request; and

means for providing the generated purchase authorization request to the issuer.

14. The means of claim 8, wherein the purchase authorization request is generated using pre-defined settings included in the issuer information on issuers to be contacted for processing the purchase order from the user.

9. The means of claim 9, further comprising:

means for determining that the user should be queried for payment options based on the issuer information;

means for generating a payment options request for the user; and

means for providing the payment options request to a mobile device of the user.

10. The means of claim 9, further comprising:

means for obtaining a response to the payment options request from the mobile device of the user;

means for extracting the payment options from the response;

means for generating purchase authorization requests for a plurality of issuers based on the payment options and pre-defined settings for issuers to be contacted for processing the purchase order from the user; and

means for providing the generated purchase authorization requests for the plurality of issuers.

12. The means of claim 9, further comprising:

means for providing a request for user authentication to the mobile device of the user;

means for obtaining a response from the mobile device to the request for user authentication;

means for determining that the user is authenticated to utilize the payment token information for the purchase order, based on the response to the request for user authentication; and

means for generating the purchase authorization request after determining that the user is authenticated to utilize the payment token information for the purchase order.

13. The means of claim 9, further comprising:

means for obtaining a response to the payment options request from the mobile device of the user;

means for extracting the payment options from the response;

means for generating updated pre-defined settings for issuers to be contacted for processing the purchase order from the user; and

means for storing the updated pre-defined settings for issuers to be contacted for processing the purchase order from the user.

15. A payment token arbitration system, comprising:

a processor; and

a memory disposed in communication with the process and storing processor-executable instructions to;

obtain a token arbitration request including unique source-neutral universally-resolvable payment token information from a merchant for processing a purchase order from a user;

query a token database for issuer information on an issuer using the payment token information;

obtain the issuer information based on querying the token database;

generate a purchase authorization request using the issuer information and data extracted from the token arbitration request; and

provide the generated purchase authorization request to the issuer.

16. The system of claim 15, the memory further storing instructions to:

determine that the user should be queried for payment options based on the issuer information;

generate a payment options request for the user; and

provide the payment options request to a mobile device of the user.

17. The system of claim 16, the memory further storing instructions to:

obtain a response to the payment options request from the mobile device of the user;

extract the payment options from the response;

generate purchase authorization requests for a plurality of issuers based on the payment options and pre-defined settings for issuers to be contacted for processing the purchase order from the user; and

provide the generated purchase authorization requests for the plurality of issuers.

18. The system of claim 17, wherein the issuer information includes the pre-defined settings for issuers to be contacted for processing the purchase order from the user.

19. The system of claim 16, the memory further storing instructions to:

provide a request for user authentication to the mobile device of the user;

obtain a response from the mobile device to the request for user authentication;

determine that the user is authenticated to utilize the payment token information for the purchase order, based on the response to the request for user authentication; and

generate the purchase authorization request after determining that the user is authenticated to utilize the payment token information for the purchase order.

20. The system of claim 16, the memory further storing instructions to:

obtain a response to the payment options request from the mobile device of the user;

extract the payment options from the response;

generate updated pre-defined settings for issuers to be contacted for processing the purchase order from the user; and

store the updated pre-defined settings for issuers to be contacted for processing the purchase order from the user.

21. The system of claim 15, wherein the purchase authorization request is generated using pre-defined settings included in the issuer information on issuers to be contacted for processing the purchase order from the user.

22. A processor-readable tangible medium storing processor-executable payment token arbitration instructions to:

obtain a token arbitration request including payment token information from a merchant for processing a purchase order from a user;

query a token database for issuer information on an issuer using the payment token information;

obtain the issuer information based on querying the token database;

generate a purchase authorization request using the issuer information and data extracted from the token arbitration request; and

provide the generated purchase authorization request to the issuer.

23. The medium of claim 22, further storing instructions to:

determine that the user should be queried for payment options based on the issuer information;

generate a payment options request for the user; and

provide the payment options request to a mobile device of the user.

24. The medium of claim 23, further storing instructions to:

obtain a response to the payment options request from the mobile device of the user;

extract the payment options from the response;

generate purchase authorization requests for a plurality of issuers based on the payment options and pre-defined settings for issuers to be contacted for processing the purchase order from the user; and

provide the generated purchase authorization requests for the plurality of issuers.

25. The medium of claim 24, wherein the issuer information includes the pre-defined settings for issuers to be contacted for processing the purchase order from the user.

26. The medium of claim 23, further storing instructions to:

provide a request for user authentication to the mobile device of the user;

obtain a response from the mobile device to the request for user authentication;

determine that the user is authenticated to utilize the payment token information for the purchase order, based on the response to the request for user authentication; and

generate the purchase authorization request after determining that the user is authenticated to utilize the payment token information for the purchase order.

27. The medium of claim 23, further storing instructions to:

obtain a response to the payment options request from the mobile device of the user;

extract the payment options from the response;

generate updated pre-defined settings for issuers to be contacted for processing the purchase order from the user; and

store the updated pre-defined settings for issuers to be contacted for processing the purchase order from the user.

28. The medium of claim 22, wherein the purchase authorization request is generated using pre-defined settings included in the issuer information on issuers to be contacted for processing the purchase order from the user.