SECURING A TRANSACTION BETWEEN A TRANSPONDER AND A READER
4 Assignments
0 Petitions
Accused Products
Abstract
A transponder-reader payment system includes a fob including a transponder, and a RFID reader for interrogating the transponder. The system may further include a personalization system for populating onto the fob and RFID reader identifying information and security and authentication keys which may be used during mutual authentication of the fob and the reader and for completing a transaction. In exemplary operation, the fob and RFID reader may be personalized, the fob may be presented to the RFID reader for interrogation, the fob and reader may engage in mutual authentication, and fob identifying information may be provided to the reader for transaction completion. In another exemplary embodiment, operation of the transponder-reader payment system may be controlled by an activation circuit. Further, the fob may be responsive to multiple interrogation signals.
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Citations
21 Claims
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1. (canceled)
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2. A method to process a transaction at a Point of Sale (POS) device, comprising:
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receiving a decrypted account number from a reader device to facilitate a payment transaction in response to a mutual authentication of a transponder device and the reader device; transmitting the decrypted account number to a merchant system; receiving a verification PIN in response to a first purchase restriction associated with the decrypted account number; sending the verification PIN to at least one of the reader device or a payment authorization center to authenticate the verification PIN; receiving a first transaction authorized signal in response to an authentication of the verification PIN; and processing the payment transaction. - View Dependent Claims (3, 4, 5, 6, 7, 8)
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9. A Point of Sale (POS) device, comprising:
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at least one data link module configured to; receive a decrypted account number from a reader device to facilitate a payment transaction in response to a mutual authentication of a transponder device and the reader device; transmit the decrypted account number to a merchant system; receive a verification PIN in response to a first purchase restriction associated with the decrypted account number; send the verification PIN to at least one of the reader device or a payment authorization center to authenticate the verification PIN; receive a first transaction authorized signal in response to an authentication of the verification PIN; and a processing module configured to process the payment transaction. - View Dependent Claims (10, 11, 12, 13, 14, 15)
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16. A non-transitory computer-readable medium storing executable instructions that, when executed, cause a Point of Sale (POS) device to perform operations comprising:
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receiving a decrypted account number from a reader device to facilitate a payment transaction in response to a mutual authentication of a transponder device and the reader device; transmitting the decrypted account number to a merchant system; receiving a verification PIN in response to a first purchase restriction associated with the decrypted account number; sending the verification PIN to at least one of the reader device or a payment authorization center to authenticate the verification PIN; receiving a first transaction authorized signal in response to an authentication of the verification PIN; and processing the payment transaction. - View Dependent Claims (17, 18, 19, 20, 21)
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Specification