Transaction token issuing authorities
First Claim
1. A method for operating a device associated with a first party to identify a second party participating in a transaction with the first party, the method comprising:
- obtaining a token for use in said transaction, said token including information usable to identify a communication path to one of a plurality of token issuers and a value of said token; and
providing said token to a second device associated with said second party;
wherein said second device transmits said value of said token to said one of said plurality of token issuers with information usable to identify said second party.
3 Assignments
0 Petitions
Accused Products
Abstract
Systems, methods, apparatus, processes, and computer program code for conducting transactions are described which allow a first party to a transaction to identify a second party to a transaction. In one or more embodiments, a mobile device may be operated to conduct transactions with merchants, service providers, and other devices, such as automated teller machines (ATMs). A transaction token issuing authority associated with a merchant or point of transaction may be determined such that the mobile device may communicate with the appropriate entity or entities to conduct a transaction.
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Citations
35 Claims
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1. A method for operating a device associated with a first party to identify a second party participating in a transaction with the first party, the method comprising:
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obtaining a token for use in said transaction, said token including information usable to identify a communication path to one of a plurality of token issuers and a value of said token; and providing said token to a second device associated with said second party; wherein said second device transmits said value of said token to said one of said plurality of token issuers with information usable to identify said second party. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9)
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10. A method for operating a device associated with a first party to perform a transaction between the first party and a second party, the method comprising:
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obtaining, by said device, a token associated with said transaction; processing said token to determine token data, said token data including an identifier usable to identify a communication path to one of a plurality of token issuers and a value of said token; transmitting, to a wallet issuer, information including at least said token data; and transmitting, to said wallet issuer, a request to complete said transaction, wherein said wallet issuer performs processing to obtain an authorization of said transaction using an account of said first party and provides information associated with said authorization to said one of said plurality of token issuers for use in completing said transaction. - View Dependent Claims (11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24)
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25. A method for conducting a transaction between a first party operating a first device and a second party operating a second device, the method comprising:
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initiating a transaction using said first device; capturing, using said second device, a token associated with said transaction; determining, based on information associated with said token, one of a plurality of transaction management systems associated with said transaction, wherein said information associated with said token includes information to identify a communication path to said one of said plurality of transaction management systems; and transmitting said token and information associated with said token to said one of said plurality of transaction management systems for use in completing said transaction. - View Dependent Claims (26, 27)
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28. A non-transitory, computer-readable medium storing instructions adapted to be executed by a computer processor of a first device associated with a first party to perform a method to identify a second party participating in a transaction with said first party, said method comprising:
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obtaining a token for use in said transaction, said token including information usable to identify a communication path to one of a plurality of token issuers and a value of said token; and providing said token to a second device associated with said second party; wherein said second device transmits said value of said token to said one of said plurality of token issuers with information usable to identify said second party. - View Dependent Claims (29, 30)
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31. A system for conducting a transaction, comprising:
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a communication device to receive information associated with a request to initiate a transaction involving a first party operating a first device and a second party operating a second device, said request to initiate received from said first device; a computer processor for executing program instructions; and a memory, coupled to the computer processor, for storing program instructions for execution by the computer processor to; establish a pending transaction record associated with said transaction; generate token data associated with said pending transaction record, said token data including an identifier usable to identify a communication path to said system from among a plurality of systems and a value of said token; transmit said token to said first device; receive, from at least one of said second device and a device associated with said second device, an authorization of said transaction; and transmit information associated with said authorization of said transaction to at least one of said first device and said second device. - View Dependent Claims (32, 33, 34)
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35. A method for operating a device to facilitate a transaction between a first party and a second party, the method comprising:
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receiving, from a first device associated with said first party, a request for a token for use in said transaction, said request including information usable to identify said first party; providing, to said first device, said token, wherein said token includes information usable to identify a communication path to said device from among a plurality of devices and a value of said token; receiving, from a second device associated with said second party, a request to participate in said transaction, said request including said value of said token and information usable to identify said second party; and associating said information usable to identify said first party, said information usable to identify said second party, and said value of said token to facilitate said transaction.
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Specification