Client-side security for tokenized transactions
Abstract:
Embodiments include a method for configuring a token transfer device for electronic transactions. The method can include requesting, by a token transfer device, one or more tokens having specified transaction exchange value; receiving, over a network, the one or more tokens; assigning, by the token transfer device, validation parameters indicating conditions under which the one or more tokens will be accepted in a transaction; determining, by the token transfer device, that one or more of the conditions have been met based on data provided by electronic components of the token transfer device; and initiating the transaction with a point of sale system.
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