Onetime passwords for mobile wallets
First Claim
1. A system comprising:
- a mobile device including a near field communications (NFC) transponder and a mobile wallet, wherein the mobile device is configured to receive a one-time password from the mobile wallet that was received from a mobile wallet server, maintain the one-time password associated with a plurality of financial account numbers from multiple financial institutions in the mobile wallet, display the plurality of financial account numbers, receive a user selection of one of the plurality of financial account numbers, and communicate both the selected financial account number via the NFC transponder and the one-time password when performing a transaction, wherein the one-time password is displayed to permit the user to enter manually the one-time password to a point of sale (POS) device;
andthe mobile wallet server configured to communicate with a communication network and comprising a password generator that generates the one-time passwords at predetermined intervals, the mobile wallet server configured to associate the one-time passwords with the plurality of financial account numbers, and communicates the one-time passwords to the mobile device through the communication network.
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Accused Products
Abstract
A mobile wallet and network system using onetime passwords for authentication is disclosed according to one embodiment of the invention. A onetime password may be generated at a mobile wallet server and transmitted to the mobile device. The onetime password may then be used to authenticate the user of the mobile wallet when completing a transaction. Authentication may require entry of the onetime password and confirmation that the onetime password entered matches the onetime password sent by the mobile wallet server. In other embodiments of the invention, a mobile wallet and a mobile wallet server are in sync and each generate the same onetime password at the same time. These onetime passwords may then be used to authenticate the user of the mobile wallet.
137 Citations
12 Claims
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1. A system comprising:
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a mobile device including a near field communications (NFC) transponder and a mobile wallet, wherein the mobile device is configured to receive a one-time password from the mobile wallet that was received from a mobile wallet server, maintain the one-time password associated with a plurality of financial account numbers from multiple financial institutions in the mobile wallet, display the plurality of financial account numbers, receive a user selection of one of the plurality of financial account numbers, and communicate both the selected financial account number via the NFC transponder and the one-time password when performing a transaction, wherein the one-time password is displayed to permit the user to enter manually the one-time password to a point of sale (POS) device; and the mobile wallet server configured to communicate with a communication network and comprising a password generator that generates the one-time passwords at predetermined intervals, the mobile wallet server configured to associate the one-time passwords with the plurality of financial account numbers, and communicates the one-time passwords to the mobile device through the communication network. - View Dependent Claims (2, 3, 4, 5, 6)
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7. A wireless telephone comprising:
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a near field communications (NFC) transponder; a display; a mobile wallet, wherein the mobile wallet maintains a plurality of financial account numbers from multiple financial institutions; and an antenna communicably coupled to a wireless network, wherein the wireless telephone receives a one one-time password from a service provider through the antenna, wherein the wireless telephone is configured to; display the plurality of financial account numbers; receive a user selection of one of the plurality of financial account numbers; receive at least one one-time password from a service provider; display the one-time password on the display of the wireless telephone which permits the user to manually enter the one-time password into a point of sale (POS) device; and communicate the selected financial account number in the mobile wallet and the one-time password to the POS device through the NFC transponder when performing a transaction. - View Dependent Claims (8, 9, 10, 11, 12)
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Specification