Purchase management system and method

• US 6,014,650 A
• Filed: 08/19/1997
• Issued: 01/11/2000
• Est. Priority Date: 08/19/1997
• Status: Expired due to Term

• Current Assignee: David Zampese
• Original Assignee: David Zampese
• Inventors: Zampese, David
• Primary Examiner(s): Trammell, James P.
• Assistant Examiner(s): Tesfamariam, Mussie
• Application Number:
  US08/914,875
• Time in Patent Office: 875 Days
• Field of Search: 705/18, 705/14, 705/30, 705/17, 705/26, 705/39, 705/40, 705/44, 705/64, 705/69, 705/70, 705/27, 705/46, 235/380, 235/382, 235/382.5, 235/381, 395/186, 380/24, 380/25, 713/202
• US Class Current: 705/44
• CPC Class Codes: G06Q 20/102 Bill distribution or payments
• CPC Class Codes: G06Q 20/341 Active cards, i.e. cards including their own processing means, e.g. including an IC or chip
• CPC Class Codes: G06Q 20/385 using an alias or single-use codes
• CPC Class Codes: G06Q 20/40 Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
• CPC Class Codes: G06Q 20/4093 Monitoring of device authentication
• CPC Class Codes: G07F 7/1008 Active credit-cards provided with means to personalise their use, e.g. with PIN-introduction/comparison system

Abstract

A system and method of implementing a secure purchase management system wherein a unique account code is assigned to a purchaser; a set of secret transaction codes are provided to the purchaser, one secret transaction code to be used for each individual purchase to be made by the purchaser; and each purchase request from a purchaser is verified to make sure it includes the purchaser'"'"'s account code and a transaction code which has not been used before to thereby prevent unauthorized purchases and fraud.

Claims

1. A method of implementing a secure purchase management system, the method comprising:

assigning a unique account code to a purchaser;

providing a set of secret transaction codes to the purchaser, one secret transaction code for each individual purchase to be made by the purchaser; and

verifying that a purchase request from a purchaser includes the purchaser'"'"'s account code and a transaction code which has not been used before to thereby prevent unauthorized purchases and fraud.

2. The method of claim 1 in which purchases are made via a computerized network and the step of providing the set of unique transaction codes to the purchaser includes supplying the transaction codes to the purchaser via a medium external to the computerized network to prevent fraudulent interception of the transaction codes.

3. The method of claim 2 in which the transaction codes are sent to the purchaser via the mail.

4. The method of claim 1 further including the step of checking the purchaser'"'"'s account balance upon receiving a purchase request.

5. The method of claim 1 in which the step of providing secret transaction codes includes generating random numbers to be provided to be purchaser.

6. The method of claim 1 in which the step of providing secret transaction codes includes providing a series of transaction codes to the purchaser to be used in order.

7. The method of claim 6 further including the step of deleting a transaction code after it is used by the purchaser.

8. A computerized purchase management system comprising:

means for assigning a unique account code to a purchaser;

means for providing a set of secret transaction codes to the purchaser, one transaction code for each individual purchase to be made by the purchaser;

a database including the purchaser'"'"'s account code and secret transaction codes; and

means, responsive to the database, for verifying that a purchase request from a purchaser includes the purchaser'"'"'s account code and a transaction code which has not been used before to thereby prevent unauthorized purchases and fraud.

9. The system of claim 8 in which the database further includes the purchaser'"'"'s account balance, the system further including means for checking the purchaser'"'"'s account balance upon the receipt of a purchase request.

10. The system of claim 8 in which the means for providing includes a computerized random number generator.

11. The system of claim 8 in which the means for verifying includes means for deleting each secret transaction code from the database after they are used by the purchaser.

12. A computerized purchase verification system comprising:

a database including a purchaser'"'"'s unique account code and a plurality of transaction codes;

means, responsive to a purchase request which includes an account code and one transaction code, for accessing the database and for verifying the validity of the account code and the validity of the transaction code; and

means for deleting the one said transaction code to prevent unauthorized purchasers and re-use of that transaction code.

13. The system of claim 12 in which the plurality of transaction codes have an order.

14. The method of claim 13 in which the means for verifying includes a routine for ensuring that proper transaction code in the ordered series of transaction codes is present in the purchase request.

15. The system of claim 12 further including a computerized random number generator for generating said transaction codes.

16. The system of claim 12 in which the database further includes the purchaser'"'"'s account balance.

17. The system of claim 16 further including means, responsive to a purchase request which includes a purchase amount, for accessing the database and for verifying that the purchase amount is less than the account balance.

18. The system of claims 17 further includes means for deleting the transaction code of the purchase request if the purchase amount exceeds the account balance.