ENHANCED SYSTEM AND METHOD FOR MULTIPATH CONTACTLESS TRANSACTIONS

• US 20120072353A1
• Filed: 08/16/2011
• Published: 03/22/2012
• Est. Priority Date: 02/11/2010
• Status: Abandoned Application

• Current Assignee: Cimbal, Inc.
• Original Assignee: Cimbal, Inc.
• Inventors: Kikinis, Dan, Gregg, Perry, DeGolia, Richard C., Boone, Christopher
• Application Number:
  US13/211,256
• Publication Number:
  US 20120072353A1
• Time in Patent Office: Days
• US Class Current: 705/64
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 20/20 Point-of-sale [POS] network systems
• CPC Class Codes: G06Q 20/3224 Transactions dependent on location of M-devices
• CPC Class Codes: G06Q 20/326 Payment applications installed on the mobile devices
• CPC Class Codes: G06Q 20/3276 using a pictured code, e.g. barcode or QR-code, being read by the M-device
• CPC Class Codes: G06Q 20/382 insuring higher security of transaction
• 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 30/06 Buying, selling or leasing transactions
• CPC Class Codes: H04L 2209/56 Financial cryptography, e.g. electronic payment or e-cash
• CPC Class Codes: H04L 2209/80 Wireless
• CPC Class Codes: H04L 63/083 using passwords cryptographic mechanisms or cryptographic arrangements for entity authentication using a predetermined code H04L9/3226
• CPC Class Codes: H04L 9/3226 using a predetermined code, e.g. password, passphrase or PIN network architectures or network communication protocols for supporting authentication of entities using passwords in a packet data network H04L63/083
• CPC Class Codes: H04W 12/062 Pre-authentication

Abstract

A system for multipath contactless transaction processing, comprising a networked server comprising a processing unit, a billing entity based on a first networked computing device comprising a processing unit and a video screen, the video screen at least sometimes viewable by a purchaser interacting with the point-of-sale processing system. According to the system, during a transaction, a graphical indicia is displayed on the video screen in a form suitable for photographing or scanning by a payment entity mobile device; and wherein, said indicia is being replaced each time a predetermined time period has elapsed, these replacements occurring regularly until the transaction is completed.

Claims

1. A system for multipath contactless transaction processing, comprising:

a networked server comprising a processing unit,

a billing entity based on a first networked computing device comprising a processing unit and a video screen, the video screen at least sometimes viewable by a purchaser interacting with the point-of-sale processing system;

wherein, during a transaction, a graphical indicia is displayed on the video screen in a form suitable for photographing or scanning by a payment entity mobile device; and

wherein, said indicia is being replaced each time a predetermined time period has elapsed, these replacements occurring regularly until the transaction is completed.

2. The system of claim 1, wherein the paying user is prompted for a PIN, and the verification for said PIN is only stored at the server in a local storage.

3. The system of claim 2, where a payer enters his PIN on his paying entity computing device.

4. The system of claim 3, wherein the customer'"'"'s monetary account information is only stored at the server in a local storage.

5. The system of claim 4, wherein the customer is identified by the device ID of his mobile computing device.

6. The system of claim 5, wherein said ID is stored during a registration including a PIN and one or more items of financial institution information including some monetary account information.

7. Software in a machine readable format, installable on a mobile computing device, which allows the capture of a visual indicia containing a nonce, and transmitting information contained in said visual indicia with additional identifying information such as a device ID to a server.

8. The software of claim 7, wherein additionally the customer is prompted to enter a PIN and said PIN is also transmitted to said server.

9. Software in a machine-readable format, installable on a computing-device-based register, wherein said software can request from a server a visual indicia containing a nonce, said nonce containing at least some information about the location and the merchant operating said register or an index to that information on said server, and displaying said nonce on at least one screen visible to a customer.

10. The software of claim 9, wherein additional information such as a total amount is sent to said server, and said total amount is hence included in the information of said visual indicia containing a nonce, or indexed on said server by said visual indicia containing a nonce.

11. A system for multipath contactless transaction processing, comprising:

a networked server comprising a processing unit, a billing entity based on a first networked computing device comprising a processing unit and a video screen, the video screen at least sometimes viewable by a purchaser interacting with the point-of-sale processing system;

wherein, during a transaction, a graphical indicia is displayed on the video screen in a form suitable for photographing or scanning by a payment entity mobile computing device; and

wherein the payment entity mobile computing device includes in its payment response an identifier for the nonce, an encrypted version of the PIN and additional information, including at least one of the phone number, a unique device ID, a GPS-based location information, a network tower based location or an IP address based information.

12. A system for payment, including a server, a billing entity based on a first networked computing device, and a paying entity based on a second networked computing device, wherein the billing entity computing device upon request to said server receives a nonce separately for each transaction, with said nonce being replaced each time a predetermined time period has elapsed, these replacements occurring regularly until the transaction is completed.

13. The system of claim 12, wherein the paying user is prompted for a PIN, and the verification for said PIN is only stored at the server in a local storage.

14. The system of claim 13, where a payer enters his PIN on his paying entity computing device.

15. The system of claim 14, wherein the customer'"'"'s monetary account information is only stored at the server in a local storage.

16. The system of claim 15, wherein the customer is identified by the device ID of his mobile computing device.

17. The system of claim 16, wherein said ID is stored during a registration including a PIN and one or more items of financial institution information including some monetary account information.

18. Software in a machine-readable format, installable on a mobile computing device, which allows the capture of a visual indicia containing a nonce, and transmitting information contained in said visual indicia with additional identifying information such as a device ID to a server.

19. The software of claim 18, wherein additionally the customer is prompted to enter a PIN and said PIN is also transmitted to said server.

20. Software in a machine readable format, installable on a computing-device-based register, wherein said software can request from a server a visual indicia containing a nonce, said nonce containing at least some information about the location and the merchant operating said register or an index to that information on said server, and displaying said nonce on at least one screen visible to a customer.

21. The software of claim 20, wherein additional information such as a total amount is sent to said server, and said total amount is hence included in the information of said visual indicia containing a nonce, or indexed on said server by said visual indicia containing a nonce.