Please download the dossier by clicking on the dossier button x
×

SECURE AND SHAREABLE PAYMENT SYSTEM USING TRUSTED PERSONAL DEVICE

  • US 20130041831A1
  • Filed: 04/13/2011
  • Published: 02/14/2013
  • Est. Priority Date: 04/13/2010
  • Status: Abandoned Application
First Claim
Patent Images

1. A secure payment system using trusted personal device comprising of:

  • a) an application based platform installed on trusted personal devices of user (payer) and merchant (payee);

    b) a system on the said application to store data;

    c) an encrypted code generation system;

    d) an encrypted code reader system;

    e) a decrypting system;

    f) multistep authentication system;

    g) a payment verification system;

    wherein;

    the said application is capable of storing the data, generating encrypted code, and authenticating transaction;

    the decrypting is done by a secured sever at point of transaction.

View all claims
  • 0 Assignments
Timeline View
Assignment View
    ×
    ×