Method for a Prepaid, Debit and Credit Card Security Code Generation System
First Claim
1. A method for generating a security code for a card on a transaction event basis, the card having a display and no internal electrical battery power source, comprising the steps of:
- (a) during each transaction using the card, performing at least the following;
(1) interfacing the card with an external electrical power source associated with a delivery device;
(2) after and while providing electrical power to the card from the external electrical power source, performing at least the following;
(i) transmitting a request for transaction authorization approval from the card to the delivery device connected to a network;
(ii) transmitting the request for transaction authorization approval from the delivery device to the network;
(iii) validating the request for transaction authorization approval by the network;
(iv) generating a new security code at a generator server and inserting the new security code into a transaction script;
(v) transmitting the transaction script from the network to the delivery device;
(vi) transmitting the transaction script from the delivery device to the card; and
(vii) retrieving the new security code from the script in the card.
2 Assignments
0 Petitions
Accused Products
Abstract
This invention is a comprehensive “Dynamic Security Code” (“DSC”) System (“DSC System”) that can change the security code of a prepaid, debit, or credit card (“Payment Card”). In an effort to thwart Card-Not-Present (“CNP”) fraud, the DSC System provides dynamic security code values (“DSC Values”) that have a limited use. The DSC Values provided by this DSC System can be calculated by various methodologies and can be used within existing standard payment card infrastructures. The DSC System can also be used with other form factors and in other environments not related to payments such as balance inquiries. The DSC Values can be calculated by a DSC Generator Server or on the card itself.
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Citations
42 Claims
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1. A method for generating a security code for a card on a transaction event basis, the card having a display and no internal electrical battery power source, comprising the steps of:
(a) during each transaction using the card, performing at least the following; (1) interfacing the card with an external electrical power source associated with a delivery device; (2) after and while providing electrical power to the card from the external electrical power source, performing at least the following; (i) transmitting a request for transaction authorization approval from the card to the delivery device connected to a network; (ii) transmitting the request for transaction authorization approval from the delivery device to the network; (iii) validating the request for transaction authorization approval by the network; (iv) generating a new security code at a generator server and inserting the new security code into a transaction script; (v) transmitting the transaction script from the network to the delivery device; (vi) transmitting the transaction script from the delivery device to the card; and (vii) retrieving the new security code from the script in the card. - View Dependent Claims (3, 4, 5, 6, 7, 8)
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2. (canceled)
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9. A method for generating a plurality of security codes for a card on a transaction event basis, the card having a display and no internal electrical battery power source, comprising the steps of:
(a) during each transaction using the card, performing at least the following; (1) interfacing the card with an external electrical power source associated with a delivery device; (2) after providing electrical power to the card from the external electrical power source, performing at least the following; (i) transmitting a request for transaction authorization approval from a card to a delivery device connected to a network; (ii) transmitting a request for transaction authorization approval from a delivery device to a network; (iii) validating the request for transaction authorization approval by the network; (iv) generating a plurality of security codes from a generator server and inserting the plurality of security codes into a transaction script; (v) transmitting the transaction script from the network to the delivery device; (vi) transmitting the transaction script from the delivery device to the card; and (vii) retrieving the new security codes from the script in the card. - View Dependent Claims (11, 12, 13, 14, 15, 16, 17)
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10. (canceled)
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18-34. -34. (canceled)
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35. A method for generating a security code for a card on a transaction event basis, the card having a display and no internal electrical battery power source, comprising the steps of:
(a) during each transaction using the card, performing at least the following; (1) interfacing the card with an external electrical power source associated with a delivery device; (2) while interfaced, performing at least the following; (i) receiving electrical power from the external electrical power source; (ii) after receiving the electrical power from the external electrical power source, transmitting a request for transaction authorization approval from the card to the delivery device, thereby causing the request for transaction authorization approval to be transmitted from the delivery device to a remote generator server; (iii) receiving a transaction script from the remote generator server that has a new security code in the transaction script; and (iv) retrieving the new security code from the transaction script. - View Dependent Claims (36, 37, 38, 39, 40, 41, 42)
Specification