Invention Grant
- Patent Title: Module ID based encryption for financial transactions
- Patent Title (中): 用于金融交易的基于模块ID的加密
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Application No.: US13157129Application Date: 2011-06-09
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Publication No.: US09280775B2Publication Date: 2016-03-08
- Inventor: Simon J. Hurry
- Applicant: Simon J. Hurry
- Applicant Address: US CA San Francisco
- Assignee: Visa U.S.A. Inc.
- Current Assignee: Visa U.S.A. Inc.
- Current Assignee Address: US CA San Francisco
- Agency: Kilpatrick Townsend & Stockton LLP
- Main IPC: G06Q20/00
- IPC: G06Q20/00 ; G06Q20/40 ; G06Q20/08 ; G06Q20/12 ; G06Q20/14 ; G06Q20/36 ; G06Q20/38 ; G06Q30/06 ; G07F7/08 ; H04N21/254 ; H04N21/2543 ; H04N21/418 ; H04N21/426 ; H04N21/478

Abstract:
A server is operable to receive a media device identifying number (ID) and establish an association between a media device and a payment account and, in one embodiment, supports at least one of payment authorization and payment clearing based at least in part on the media device ID and the payment account. A network and system includes a payment card processor server that is operable to receive a payment authorization request and to determine if an authorized media device generated a purchase selection message and to determine to approve a received payment authorization request based, in part, if the media device was authorized for the purchase selection based upon a received media device ID. The system is further operable to perform a key rotation to protect payment account information.
Public/Granted literature
- US20110238578A1 MODULE ID BASED ENCRYPTION FOR FINANCIAL TRANSACTIONS Public/Granted day:2011-09-29
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