System for providing cardless payment
First Claim
1. A method for completing an authentication relating to a financial transaction account of an account holder, the financial transaction account associated with a telephone number and a plurality of personal identification entries, the telephone number being stored and linked with the plurality of personal identification entries in a database, the method comprising:
- a first computer processor receiving, from an electronic device associated with the account holder, a telephone call for conducting a transaction using the financial transaction account;
the first computer processor identifying, using automatic number identification (ANI) system, the telephone number associated with the account holder;
the first computer processor transmitting the identified telephone number to a second computer processor;
the second computer processor searching the database to identify a matching stored telephone number that matches the telephone number received from the first computer;
the second computer processor selecting a current personal identification entry from the plurality of personal identification entries that are linked to the matching stored telephone number and the identified financial transaction account, said selecting is based on a rotation through the plurality of stored personal identification entries;
the second computer processor transmitting a first request for submission of a first personal identification entry to the first computer processor;
the first computer processor prompting the account holder for submission of the first personal identification entry, the prompt including information identifying the selected personal identification entry from the plurality of stored personal identification entries;
the first computer processor receiving, from the account holder, entry of the first personal identification entry;
the first computer processor transmitting the first personal identification entry to the second computer processor;
the second computer processor determining that the received first personal identification entry matches the selected personal identification entry; and
the second computer processor transmitting a financial transaction authentication based on at least the identified financial transaction account.
5 Assignments
0 Petitions
Accused Products
Abstract
The method and system of the invention provide a variety of techniques for using a selected alias and a selected personal identification entry (PIE) in conjunction with use of a transaction card, such as a credit card, debit card or stored value card, for example. A suitable number or other identification parameter is selected by the account-holder as an alias. The account-holder is then required to choose a PIE for security purposes. The alias is linked to the account-holder'"'"'s credit card number via a database. When the account-holder enters into a transaction with a merchant, the physical card need not be present. The account-holder simply provides his or her alias and then the PIE. This can be done at any point of sale such as a store, catalog telephone order, or over the Internet. The alias and PIE are entered and authorization is returned from the credit card company.
-
Citations
7 Claims
-
1. A method for completing an authentication relating to a financial transaction account of an account holder, the financial transaction account associated with a telephone number and a plurality of personal identification entries, the telephone number being stored and linked with the plurality of personal identification entries in a database, the method comprising:
-
a first computer processor receiving, from an electronic device associated with the account holder, a telephone call for conducting a transaction using the financial transaction account; the first computer processor identifying, using automatic number identification (ANI) system, the telephone number associated with the account holder; the first computer processor transmitting the identified telephone number to a second computer processor; the second computer processor searching the database to identify a matching stored telephone number that matches the telephone number received from the first computer; the second computer processor selecting a current personal identification entry from the plurality of personal identification entries that are linked to the matching stored telephone number and the identified financial transaction account, said selecting is based on a rotation through the plurality of stored personal identification entries; the second computer processor transmitting a first request for submission of a first personal identification entry to the first computer processor; the first computer processor prompting the account holder for submission of the first personal identification entry, the prompt including information identifying the selected personal identification entry from the plurality of stored personal identification entries; the first computer processor receiving, from the account holder, entry of the first personal identification entry; the first computer processor transmitting the first personal identification entry to the second computer processor; the second computer processor determining that the received first personal identification entry matches the selected personal identification entry; and the second computer processor transmitting a financial transaction authentication based on at least the identified financial transaction account. - View Dependent Claims (2, 3, 4, 5, 6, 7)
-
Specification