PAYMENT CARD PROCESSING SYSTEM

• US 20120047071A1
• Filed: 08/18/2010
• Published: 02/23/2012
• Est. Priority Date: 08/18/2010
• Status: Active Grant

• Current Assignee: International Business Machines Corporation
• Original Assignee: International Business Machines Corporation
• Inventors: Mullen, Shawn Patrick, Tysor, Arthur James
• Granted Patent: US 9,916,572 B2
• Time in Patent Office: Days
• US Class Current: 705/44
• CPC Class Codes: G06Q 20/3278 RFID or NFC payments by means of M-devices
• CPC Class Codes: G06Q 20/3415 Cards acting autonomously as pay-media
• CPC Class Codes: G06Q 20/342 Cards defining paid or billed services or quantities
• CPC Class Codes: G06Q 20/352 Contactless payments by cards
• CPC Class Codes: G06Q 20/385 using an alias or single-use codes
• 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: G07F 7/025 by means, e.g. cards, providing billing information at the time of purchase, e.g. identification of seller or purchaser, quantity of goods delivered or to be delivered

Abstract

A method, programmed medium and system are provided for using a payment card with an embedded RFID device. In one example, a cellular telephone or other wireless device is used to generate a one-time password (OTP), which is then transmitted by a read-write RFID in the wireless device to the read-write RFID which is embedded within a payment card. The user'"'"'s phone or other wireless device then activates the writing of the OTP to the RFID of the payment card. The payment card, with the one time password now saved in the card, is then handed to the waiter or store clerk for payment approval and/or further processing. The user'"'"'s OTP is then read by the merchant'"'"'s RFID reader and transmitted to an approving agency/server for approval or disapproval of the user'"'"'s purchase.

Claims

1. A method for processing payment for a user transaction, said method comprising:

saving user-specific information to a wireless device operated by said user;

transmitting said user-specific information from said wireless device to a charge card device, said charge card device including a memory unit;

saving said user-specific information in said memory unit of said charge card device; and

using said user-specific information in an approval process for processing payment for said user transaction.

2. The method as set forth in claim 1 and further including an input device for enabling said user to input said user-specific information to said wireless device.

3. The method as set froth in claim 2 wherein said charge card device includes a radio frequency identification (RFID) device configured for receiving said user-specific information.

4. The method as set forth in claim 3 wherein said wireless device includes a radio frequency identification (RFID) device configured for transmitting said user-specific information to said charge card device.

5. The method as set forth in claim 4 and further including:

reading said user-specific information from said charge card device;

saving said user-specific information read from said charge card device to a memory unit of a first server system, said first server system being associated with a merchant seeking to have said user transaction approved; and

transmitting said user-specific information from said first server system to a second server system, said second server system being associated with a transaction approving agency, in order to obtain authorization from said transaction approving agency for said user transaction.

6. The method as set forth in claim 5 and further including:

saving a time related to an initiation of an approval process for said user transaction; and

preventing said approval process if said authorization is not provided from said transaction approving agency within a predetermined time period relative to said initiation of said approval process for said user transaction.

7. The method as set forth in claim 5 wherein said user-specific information includes information known only to said user and said second server system associated with said transaction approving agency.

8. The method as set forth in claim 7 wherein said wireless device is operable to calculate said user-specific information including a one-time password (OTP), said OTP being determined, at least in part, upon a user personal identification number (PIN) known only to said user.

9. The method as set forth in claim 7 wherein said wireless device is operable to calculate said user-specific information including a one-time password (OTP), said OTP being determined, at least in part, upon a user personal identification number (PIN) known only to said user and said second server system associated with said transaction approving agency.

10. The method as set froth in claim 8 wherein said OTP is further based upon a time related to an initiation of said approval process.

11. A wireless device selectively operable by a user for initiating a calculation of a one-time password (OTP) to be used in an approval process for approval of payment for a transaction between said user and a first party, said wireless device comprising:

a device bus for interconnecting systems within said wireless device;

a device memory unit coupled to said device bus;

a transmission system coupled to said device bus for transmitting information from said wireless device to a charge card device, said charge card device including a card memory unit embedded therein; and

a first radio frequency identification (RFID) device, said first RFID device being coupled to said device bus, said wireless device being operable for calculating and saving to device memory a one-time user password (OTP) based upon saved user-specific information and a start time related to when a user initiates said approval process for said transaction, said wireless device being further operable for transmitting said OTP from said first RFID device in a form to be received and saved by said charge card device.

12. The wireless device as set forth in claim 11 wherein said start time is fetched from a system clock within said wireless device, said start time being used to establish a beginning of an authorization time period during which said approval of payment for said transaction may be completed.

13. An charge card device, said charge card device comprising a credit card-sized article to be used in an approval process for approval of payment for a transaction between said user and a first party, said charge card device including:

an information receiving system arranged for receiving transmitted information from an external radio frequency identification (RFID) system;

a card memory unit for saving said transmitted information; and

a card RFID system embedded within said charge card device, said card RFID system being operable to transmit said transmitted information received from said first RFID system to a transaction approval processing server system, said information to be used in said approval process for approval of payment for a transaction between said user and a first party.

14. The charge card device as set forth in claim 13 wherein said card RFID system includes a read/write (R/W) RFID device.

15. The charge card device as set forth in claim 14 wherein said user sends said transmitted information from a wireless user device to said charge card device, said transmitted information including user-specific information, said charge card device being thereby enabled for use in one-time approval process for approval of payment for a one-time transaction between said user and a first party.

16. The charge card device as set forth in claim 15 wherein said user-specific information includes information related to a time said user initiates said one-time approval process.

17. The charge card device as set forth in claim 16 wherein said card RFID system provides an only input means to said charge card device.

18. The charge card device as set forth in claim 17 wherein said device further includes a card output RFID system, said user specific information being transmitted from said card output RFID system in a format readable by a reader coupled to said transaction approval processing server system.

19. A system for processing payment by a user for a user transaction, said system comprising:

a wireless device, said wireless device including an input means, a device memory means and a device output means, said wireless device being operable for saving user-specific information in said device memory means;

a charge card device, said charge card device including a card receiving means for receiving transmitted information, said charge card device further including a card memory unit and a card output means, said device output means being operable for transmitting said user-specific information from said wireless device to said charge card device, said charge card device being configured for saving said user-specific information in said card memory unit, said card output means being configured for wirelessly transmitting said user-specific information to a card reader associated with an approval server system for use in an approval process for processing payment for said user transaction.

20. The system as set forth in claim 19 wherein said input means of said wireless device is configured for enabling said user to input said user-specific information to said wireless device, said wireless device and said charge card device each including a radio frequency identification (RFID) system for transmitting and receiving said user-specific information, respectively, said system being operable for saving a start time related to an initiation of an approval process for said user transaction, said start time being included in said user-specific information, said system being further operable for preventing said approval process if said authorization is not provided from said approval server system within a predetermined time period relative to said initiation of said approval process for said user transaction.