Electronic transaction security system

• US 5,793,028 A
• Filed: 06/24/1996
• Issued: 08/11/1998
• Est. Priority Date: 06/24/1996
• Status: Expired due to Term

• Current Assignee: Safeclick LLC
• Original Assignee: Fred N. Gratzon
• Inventors: Gratzon, Fred N., Wagener, Carl S.
• Primary Examiner(s): PITTS, HAROLD I
• Application Number:
  US08/669,084
• Time in Patent Office: 778 Days
• Field of Search: 235/379, 235/380
• US Class Current: 235/380
• CPC Class Codes: G06Q 20/02 involving a neutral party, e.g. certification authority, notary or trusted third party [TTP]
• CPC Class Codes: G06Q 20/04 Payment circuits

Abstract

The present invention relates to an electronic transaction security system for executing an electronic transaction between a transaction or having an individualized transaction identification code and a transactionee. A transaction initiation request is inputted into a transactionor computer associated with the transactionor. The transaction initiation request requests the electronic transaction and includes the transaction identification code. The transaction request is transmitted electronically from the transactionor computer to a transactionee computer associated with the transactionee. In response thereto, the transactionee computer transmits electronically a verification request requesting validation of the transaction initiation request to the transactionor computer. The transactionor computer receives the verification request and transmits electronically a verification response indicating one of a valid transaction and an invalid transaction to the transactionee computer. Finally, the transactionee computer receives the transaction verification response and executes the electronic transaction in response to receiving the verification response indicating a valid transaction, and denies the electronic transaction in response to receiving the verification response indicating an invalid transaction.

Claims

1. A method comprising the steps of:

transmitting a transaction initiation request requesting the initiation of an electronic transaction to a verifier computer from a transactionor computer, the transaction initiation request including one of a private identification code and a public identification code uniquely identifying the transactionor computer, and a public identification code uniquely identifying a transactionee computer;

receiving by the verifier computer the transaction initiation request;

transmitting a transaction request requesting processing of the electronic transaction from the verifier computer to the transactionee computer identified by the public identification code in the transaction initiation request in response to the verifier computer receiving the transaction initiation request, the transaction request including one of a private identification code and a public identification code uniquely identifying the verifier computer;

receiving the transaction request by the transactionee computer;

transmitting a verification request requesting verification of the transaction from the transactionee computer to the verifier computer in response to the transactionee computer receiving the transaction request, the verification request including one of a private identification code and a public identification code uniquely identifying the transactionee computer;

receiving the verification request by the verifier computer;

transmitting an acknowledgement request requesting acknowledgement of the electronic transaction from the verifier computer to the transactionor computer in response to the verifier computer receiving the verification request;

receiving the acknowledgement request by the transactionor computer;

transmitting an acknowledgement response indicating one of a valid electronic transaction and an invalid electronic transaction from the transactionor computer to the verifier computer in response to the transactionor computer receiving the acknowledgement request, the acknowledgement response including the private identification code uniquely identifying the transactionor computer;

receiving the acknowledgement response by the verifier computer;

transmitting a verification response indicating one of a valid electronic transaction and an invalid electronic transaction from the verifier computer to the transactionee computer in response to the verifier computer receiving the acknowledgement response; and

receiving the verification response by the transactionee computer and executing the electronic transaction in response to the transactionee computer receiving the verification response indicating a valid electronic transaction.

2. The method of claim 1 further comprising the step of:

storing the transaction initiation request and the acknowledgement response by the verifier computer.

3. A method comprising the steps of:

transmitting a transaction initiation request requesting the initiation of an electronic transaction to a verifier computer from a transactionor computer, the transaction initiation request including one of a private identification code and a public identification code uniquely identifying the transactionor computer, and a public identification code uniquely identifying a transactionee computer;

receiving by the verifier computer the transaction initiation request;

transmitting automatically a transaction request requesting processing of the electronic transaction from the verifier computer to the transactionee computer identified by the public identification code in the transaction initiation request in response to the verifier computer receiving the transaction initiation request, the transaction request including a public identification code uniquely identifying the verifier computer;

receiving the transaction request by the transactionee computer;

transmitting automatically a verification request requesting verification of the transaction from the transactionee computer to the verifier computer in response to the transactionee computer receiving the transaction request, the verification request including one of a private identification code and a public identification code uniquely identifying the transactionee computer;

receiving the verification request by the verifier computer;

transmitting automatically an acknowledgement request requesting acknowledgement of the electronic transaction from the verifier computer to the transactionor computer in response to the verifier computer receiving the verification request;

receiving the acknowledgement request by the transactionor computer;

transmitting automatically an acknowledgement response indicating one of a valid electronic transaction and an invalid electronic transaction from the transactionor computer to the verifier computer in response to the transactionor computer receiving the acknowledgement request, the acknowledgement response including the private identification code uniquely identifying the transactionor computer;

receiving the acknowledgement response by the verifier computer;

transmitting automatically a verification response indicating one of a valid electronic transaction and an invalid electronic transaction from the verifier computer to the transactionee computer in response to the verifier computer receiving the acknowledgement response; and

receiving the verification response by the transactionee computer and executing the electronic transaction in response to the transactionee computer receiving the verification response indicating a valid electronic transaction.

4. A method comprising the steps of:

transmitting a transaction initiation request requesting the initiation of an electronic transaction to a verifier computer from a transactionor computer, the transaction initiation request including one of a public identification code and a private identification code uniquely identifying the transactionor computer, a document, and a public identification code uniquely identifying a transactionee computer;

receiving by the verifier computer the transaction initiation request;

transmitting a transaction request requesting processing of the electronic transaction from the verifier computer to the transactionee computer identified by the public identification code in the transaction initiation request in response to the verifier computer receiving the transaction initiation request, the transaction request including a public identification code uniquely identifying the verifier computer and the document;

receiving the transaction request by the transactionee computer;

transmitting a verification request requesting verification of the transaction from the transactionee computer to the verifier computer in response to the transactionee computer receiving the transaction request, the verification request including the document, and one of a public identification code and a private identification code uniquely identifying the transactionee computer;

receiving the verification request by the verifier computer;

transmitting an acknowledgement request requesting acknowledgement of the electronic transaction from the verifier computer to the transactionor computer in response to the verifier computer receiving the verification request, the acknowledgement request including the document;

receiving the acknowledgement request by the transactionor computer;

transmitting an acknowledgement response indicating one of a valid electronic transaction and an invalid electronic transaction from the transactionor computer to the verifier computer in response to the transactionor computer receiving the acknowledgement request;

receiving the acknowledgement response by the verifier computer;

transmitting a verification response indicating one of a valid electronic transaction and an invalid electronic transaction from the verifier computer to the transactionee computer in response to the verifier computer receiving the acknowledgement response; and

receiving the verification response by the transactionee computer and executing the electronic transaction in response to the transactionee computer receiving the verification response indicating a valid electronic transaction.

5. A method comprising the steps of:

transmitting a transaction initiation request requesting the initiation of an electronic transaction to a verifier computer from a transactionor computer, the transaction initiation request including a document, a public identification code uniquely identifying a transactionee computer and one of a public identification code and a private identification code uniquely identifying the transactionor computer;

receiving by the verifier computer the transaction initiation request;

transmitting automatically a transaction request requesting processing of the electronic transaction from the verifier computer to the transactionee computer identified by the public identification code in the transaction initiation request in response to the verifier computer receiving the transaction initiation request, the transaction request including a public identification code uniquely identifying the verifier computer and the document;

receiving the transaction request by the transactionee computer;

transmitting automatically a verification request requesting verification of the transaction from the transactionee computer to the verifier computer in response to the transactionee computer receiving the transaction request, the verification request including the document and one of a public identification code and a private identification code uniquely identifying the transactionee computer;

receiving the verification request by the verifier computer;

transmitting automatically an acknowledgement request requesting acknowledgement of the electronic transaction from the verifier computer to the transactionor computer in response to the verifier computer receiving the verification request, the acknowledgement request including the document;

receiving the acknowledgement request by the transactionor computer;

transmitting automatically an acknowledgement response indicating one of a valid electronic transaction and an invalid electronic transaction from the transactionor computer to the verifier computer in response to the transactionor computer receiving the acknowledgement request;

receiving the acknowledgement response by the verifier computer;

transmitting automatically a verification response indicating one of a valid electronic transaction and an invalid electronic transaction from the verifier computer to the transactionee computer in response to the verifier computer receiving the acknowledgement response; and

receiving the verification response by the transactionee computer and executing the electronic transaction in response to the transactionee computer receiving the verification response indicating a valid electronic transaction.

6. A method comprising the steps of:

transmitting a transaction initiation request requesting the initiation of an electronic transaction to a transactionee computer from a transactionor computer, the transaction initiation request including a public identification code uniquely identifying the transactionor computer, and a public identification code uniquely identifying a transactionee computer;

receiving by the transactionee computer the transaction initiation request;

transmitting a verification request requesting verification of the transaction from the transactionee computer to a verifier computer in response to the transactionee computer receiving the transaction initiation request, the verification request including one of a private identification code and a public identification code uniquely identifying the transactionee computer and the public identification code uniquely identifying the transactionor computer;

receiving the verification request by the verifier computer

transmitting an acknowledgement request requesting acknowledgement of the electronic transaction from the verifier computer to the transactionor computer in response to the verifier computer receiving the verification request;

receiving the acknowledgement request by the transactionor computer;

transmitting an acknowledgement response indicating one of a valid electronic transaction and an invalid electronic transaction from the transactionor computer to the verifier computer in response to the transactionor computer receiving the acknowledgement request, the acknowledgement response including the private identification code uniquely identifying the transactionor computer;

receiving the acknowledgement response by the verifier computer;

transmitting a verification response indicating one of a valid electronic transaction and an invalid electronic transaction from the verifier computer to the transactionee computer in response to the verifier computer receiving the acknowledgement response; and

receiving the verification response by the transactionee computer and executing the electronic transaction in response to the transactionee computer receiving the verification response indicating a valid electronic transaction.

7. A method comprising the steps of:

transmitting a transaction initiation request requesting the initiation of an electronic transaction to a transactionee computer from a transactionor computer, the transaction initiation request including a public identification code uniquely identifying the transactionor computer, and a public identification code uniquely identifying a transactionee computer;

receiving by the transactionee computer the transaction initiation request;

transmitting automatically a verification request requesting verification of the transaction from the transactionee computer to a verifier computer in response to the transactionee computer receiving the transaction initiation request, the verification request including one of a private identification code and a public identification code uniquely identifying the transactionee computer and the public identification code uniquely identifying the transactionor computer;

receiving the verification request by the verifier computer;

transmitting automatically an acknowledgement request requesting acknowledgement of the electronic transaction from the verifier computer to the transactionor computer in response to the verifier computer receiving the verification request;

receiving the acknowledgement request by the transactionor computer;

transmitting automatically an acknowledgement response indicating one of a valid electronic transaction and an invalid electronic transaction from the transactionor computer to the verifier computer in response to the transactionor computer receiving the acknowledgement request, the acknowledgement response including the private identification code uniquely identifying the transactionor computer;

receiving the acknowledgement response by the verifier computer;

transmitting automatically a verification response indicating one of a valid electronic transaction and an invalid electronic transaction from the verifier computer to the transactionee computer in response to the verifier computer receiving the acknowledgement response; and

receiving the verification response by the transactionee computer and executing the electronic transaction in response to the transactionee computer receiving the verification response indicating a valid electronic transaction.