Invention Grant
- Patent Title: Transaction risk based token
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Application No.: US14869147Application Date: 2015-09-29
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Publication No.: US11257074B2Publication Date: 2022-02-22
- Inventor: Gyan Prakash , Ajit Gaddam , Selim Aissi , Christian Aabye
- Applicant: Visa International Service Association
- Applicant Address: US CA San Francisco
- Assignee: Visa International Service Association
- Current Assignee: Visa International Service Association
- Current Assignee Address: US CA San Francisco
- Agency: Kilpatrick Townsend & Stockton LLP
- Main IPC: G06Q20/38
- IPC: G06Q20/38 ; G06Q20/40 ; G06Q20/32 ; G06Q20/36

Abstract:
Embodiments of the invention provision multiple payment tokens on a communication device. The communication device may be provisioned with multiple limited use keys (LUK), each LUK being associated with a specific type of transaction. When the communication device is used for a transaction, the communication device automatically determines a type of the transaction and selects an appropriate LUK based on the determined transaction type. The selected LUK may be used to create a cryptogram, which can be used to verify the transaction.
Public/Granted literature
- US20160092872A1 Transaction Risk Based Token Public/Granted day:2016-03-31
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