Invention Grant
- Patent Title: Hybrid tokenization for push payments
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Application No.: US16887105Application Date: 2020-05-29
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Publication No.: US11640598B2Publication Date: 2023-05-02
- Inventor: Nishith Shah , Walter Pimenta , Gerardo Cardone , David Goldschmidt , Christopher Loh , Abhijit Malvi
- Applicant: Mastercard International Incorporated
- Applicant Address: US NY Purchase
- Assignee: Mastercard International Incorporated
- Current Assignee: Mastercard International Incorporated
- Current Assignee Address: US NY Purchase
- Agency: Buckley, Maschoff & Talwalkar LLC
- Main IPC: G06Q20/32
- IPC: G06Q20/32 ; G06Q20/38 ; G06Q20/10 ; G06Q20/40
Abstract:
A method of performing a funds transfer includes receiving a request for a cryptogram and generating an authentication code. The authentication code is divided into a first code portion and a second code portion. The first code portion is transmitted to a user device. The second code portion is transmitted to a transaction originator. A request for transaction data is received, including both code portions. The authentication code is verified based on the two code portions. A cryptogram is generated and transmitted to the transaction originator.
Public/Granted literature
- US20200380492A1 HYBRID TOKENIZATION FOR PUSH PAYMENTS Public/Granted day:2020-12-03
Information query
