METHOD AND APPARATUS FOR USING AT LEAST A PORTION OF A ONE-TIME PASSWORD AS A DYNAMIC CARD VERIFICATION VALUE
First Claim
1. A credit/debit card able to generate a dynamic card verification value (CVV), the credit/debit card comprising:
- a body the size and shape of a credit/debit card;
a one-time password generator disposed within the body to generate the dynamic CVV;
a display disposed within the body to display the dynamic CVV;
a validation device to authenticate the use of the card as a credit/debit card; and
an indication that the dynamic CVV is to be used as a security code.
1 Assignment
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Accused Products
Abstract
Method and apparatus for using at least a portion of a one-time password as a dynamic card verification value (CVV) are disclosed. A credit/debit card is able to generate a dynamic card verification value (CVV). Such a card may also include an indication that the dynamic CVV is to be used as a security code for purchasing or other transactions. A card-based financial transaction can be authorized in accordance with the use of a dynamic CVV by receiving a transaction authorization request for a specific credit/debit card, wherein the transaction authorization request includes a dynamic CVV. The dynamic CVV can be compared to at least a portion of a one-time password generated for the specific credit/debit card, and a transaction authorization can be sent to the merchant or vendor when the dynamic CVV matches all or a portion of the one-time password.
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Citations
8 Claims
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1. A credit/debit card able to generate a dynamic card verification value (CVV), the credit/debit card comprising:
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a body the size and shape of a credit/debit card; a one-time password generator disposed within the body to generate the dynamic CVV; a display disposed within the body to display the dynamic CVV; a validation device to authenticate the use of the card as a credit/debit card; and an indication that the dynamic CVV is to be used as a security code. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8)
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Specification