Method for secure transactions utilizing physically separated computers

• US 7,958,214 B1
• Filed: 06/08/2001
• Issued: 06/07/2011
• Est. Priority Date: 06/09/2000
• Status: Active Grant

• Current Assignee: Transaction Validation Incorporated
• Original Assignee: Barry Schwab, John G. Posa
• Inventors: Schwab, Barry H., Posa, John G.
• Primary Examiner(s): Jacobs, LaShonda T
• Application Number:
  US09/877,596
• Time in Patent Office: 3,651 Days
• Field of Search: 709/203, 709/217, 709/219, 709/223, 705/26, 705/39, 705/44, 705/50, 705/64, 705/75, 713/156, 713/175, 713/181, 713/186, 713/201
• US Class Current: 709/223
• CPC Class Codes: G06Q 20/02 involving a neutral party, e.g. certification authority, notary or trusted third party [TTP]
• CPC Class Codes: G06Q 20/023 the neutral party being a clearing house
• CPC Class Codes: G06Q 20/12 specially adapted for electronic shopping systems
• 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 30/00 Commerce
• CPC Class Codes: G10L 19/0018 Speech coding using phonetic or linguistical decoding of the source; Reconstruction using text-to-speech synthesis

Abstract

A secure transaction method involves establishing an electronically accessible verification site authorized by the holder of a credit or debit card, and accessing the verification site by a merchant to determine whether a request for goods or services is authorized. The request for goods or services is based upon the use of the credit or debit card, but the card is not physically presented. The verification site is an electronic mail account which may be established by the merchant, card holder or other authorized person or entity. An authorization message is preferably sent from the site to the merchant in response to the step of accessing the verification site by the merchant. The verification site may also be wirelessly accessible, enabling an authorization message to be delivered through a cellular telephone, personal digital assistant, or other mobile device.

Claims

1. A secure transaction method, comprising the steps of:

establishing an electronically accessible verification site authorized by the holder of a credit card;

receiving a request for goods or services by a merchant using the credit card, but wherein the card is not required to be physically presented to the merchant;

accessing the verification site by the merchant to determine whether the request for goods or services is an authorized transaction;

sending an electronic authorization communication by the verification site to the holder of the credit card, the message including information indicative of the transaction; and

transmitting, by the holder of the credit card, an approval communication if the transaction is approved by the card holder.

2. The method of claim 1, wherein the verification site is an electronic mail account.

3. The method of claim 2, wherein the electronic mail account was established by the merchant.

4. The method of claim. 1, wherein an authorization message is sent from the site to the merchant in response to the step of accessing the verification site by the merchant.

5. The method of claim 4, wherein the authorization message is automatically generated.

6. The method of claim 4, wherein the authorization message is manually generated within a predetermined period of time.

7. The method of claim 4, wherein request for goods or services, the step of accessing the verification site, the authorization message, or any combination thereof, are encrypted.

8. The method of claim 7, wherein the encryption is implemented using an algorithm specific to the holder or an authorized user of the card.

9. The method of claim 4, wherein request for goods or services, the step of accessing the verification site, the authorization message, or any combination thereof, include routing information for future use.

10. The method of claim 1, wherein the step of accessing the verification site by the merchant causes an icon or window to appear in a web browser.

11. The method of claim 1, wherein the verification site is wirelessly accessible.

12. The method of claim 11, wherein the site is accessible through a cellular telephone, personal digital assistant, or other mobile device.

13. The method of claim 1, wherein the information indicative of the transaction includes information identifying the merchant.

14. The method of claim 1, wherein the information indicative of the transaction includes information identifying the goods or services.

15. The method of claim 1, wherein the information indicative of the transaction includes the cost of the transaction.