Issuing an account to an electronic transaction device

• US 10,217,102 B2
• Filed: 11/09/2011
• Issued: 02/26/2019
• Est. Priority Date: 01/19/2001
• Status: Active Grant

• Current Assignee: Mastercard Mobile Transactions Solutions, Inc. (MasterCard Incorporated)
• Original Assignee: Mastercard Mobile Transactions Solutions, Inc. (MasterCard Incorporated)
• Inventors: Pitroda, Satyan G., Desai, Mehul
• Primary Examiner(s): Coppola, Jacob C.
• Application Number:
  US13/292,820
• Publication Number:
  US 20120101833A1
• Time in Patent Office: 2,666 Days
• CPC Class Codes: G06F 21/606 by securing the transmission between two devices or processes
• CPC Class Codes: G06Q 20/02 involving a neutral party, e.g. certification authority, notary or trusted third party [TTP]
• CPC Class Codes: G06Q 20/045 using payment protocols involving tickets
• CPC Class Codes: G06Q 20/047 using payment protocols involving electronic receipts
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 20/12 specially adapted for electronic shopping systems
• CPC Class Codes: G06Q 20/145 Payments according to the detected use or quantity
• CPC Class Codes: G06Q 20/322 Aspects of commerce using mobile devices [M-devices]
• CPC Class Codes: G06Q 20/3223 Realising banking transactions through M-devices
• CPC Class Codes: G06Q 20/3226 Use of secure elements separate from M-devices
• CPC Class Codes: G06Q 20/3227 using secure elements embedded in M-devices
• CPC Class Codes: G06Q 20/325 using wireless networks
• CPC Class Codes: G06Q 20/327 Short range or proximity payments by means of M-devices
• CPC Class Codes: G06Q 20/367 involving electronic purses or money safes
• CPC Class Codes: G06Q 20/3674 involving authentication
• CPC Class Codes: G06Q 20/382 insuring higher security of transaction
• CPC Class Codes: G06Q 20/3821 Electronic credentials
• CPC Class Codes: G06Q 20/38215 Use of certificates or encrypted proofs of transaction rights
• CPC Class Codes: G06Q 20/3829 involving key management
• 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 20/4014 : Identity check for transactions
• CPC Class Codes: G06Q 20/42 : Confirmation, e.g. check or permission by the legal debtor of payment
• CPC Class Codes: G06Q 2220/00 : Business processing using cryptography postage metering system using cryptography G06Q2250/05
• CPC Class Codes: G06Q 30/06 : Buying, selling or leasing transactions
• CPC Class Codes: G16H 10/60 : for patient-specific data, e.g. for electronic patient records
• CPC Class Codes: G16Z 99/00 : Subject matter not provided for in other main groups of this subclass
• CPC Class Codes: H04L 63/0428 : wherein the data content is protected, e.g. by encrypting or encapsulating the payload
• CPC Class Codes: H04L 63/06 : for supporting key management in a packet data network cryptographic mechanisms or cryptographic arrangements for key management H04L9/08
• CPC Class Codes: H04L 63/08 : for authentication of entities cryptographic mechanisms or cryptographic arrangements for entity authentication H04L9/32
• CPC Class Codes: H04L 63/0838 : using one-time-passwords

Abstract

Methods and systems are provided for supporting electronic transactions, including transactions that are provided with per-user, per-device and per-domain security across domains of multiple service providers.

Claims

1. A method of issuing an account to an electronic transaction device, comprising:

disposing an ecommerce server of a transaction service provider on a first side of a first network communication firewall that controls access by the transaction service provider to a banking network, the firewall connecting on a second side to at least one bank of a plurality of banks connected to the banking network;

disposing an ecommerce server of the transaction service provider on a first side of a second network communication firewall that controls access to the transaction service provider by electronic transaction devices on a network that is separated from the banking network;

electronically transmitting an application for a banking account associated with a bank of the plurality of banks connected to the banking network from the ecommerce server to one of the electronic transaction devices via the second firewall;

electronically receiving a banking account initiation request at the ecommerce server via the second firewall, wherein the banking account initiation request includes confidential and non-confidential information about a user of the one of the electronic transaction devices;

coupling the ecommerce server via the first firewall over the banking network with at least one bank identified in the banking account initiation request;

providing banking account initiation information derived from the received banking account initiation request to the at least one bank;

receiving an indication of banking account application approval at the ecommerce server;

downloading banking account activation information to the electronic transaction device for activating the approved account on the electronic transaction device;

providing with the transaction service provider initiation, registration, and maintenance of the approved account and tracking and storing all transactions conducted via the approved account; and

operating the transaction service provider as an intermediary between the banking network and the electronic transaction devices.