METHOD AND SYSTEM FOR SECURE MOBILE WALLET TRANSACTION
First Claim
Patent Images
1. A method for a mobile transaction, the method comprising:
- receiving, by a server of a third party rather than a merchant and a consumer, a verification request related to the mobile transaction;
verifying, by the server, whether the consumer of the mobile transaction is valid or not; and
transmitting, by the server, a result of the verifying.
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Abstract
Provided is a system and method for reducing fraud related to payment using a mobile application. A method for a mobile transaction enables a server of a third party rather than a merchant and a consumer, to verify whether the consumer of the mobile transaction is valid or not in response to a verification request related to the mobile transaction. Accordingly, since the third party can verify whether the consumer of the mobile transaction and an application for purchasing are valid or not, verification reliability with respect to a mobile payment can be improved and thus damage caused by payment fraud can be remarkably reduced.
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Citations
11 Claims
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1. A method for a mobile transaction, the method comprising:
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receiving, by a server of a third party rather than a merchant and a consumer, a verification request related to the mobile transaction; verifying, by the server, whether the consumer of the mobile transaction is valid or not; and transmitting, by the server, a result of the verifying. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9)
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10. A verification server for verifying a mobile transaction, the verification server comprising:
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a communication interface configured to receive a verification request related to a mobile transaction; and a processor configured to verify whether a consumer of the mobile transaction is valid or not and transmit a result of the verifying via the communication interface, wherein the verification server is managed by a third party rather than a merchant and a consumer. - View Dependent Claims (11)
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Specification