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Transaction verification method, automatic transaction verification system and transaction verification unit (variants)

An automatic exchange and transaction technology, applied in the field of confirmation, can solve problems such as high knowledge requirements, high cost of receiving and payment transaction verification, and difficulty in multi-level transaction verification

Inactive Publication Date: 2011-08-24
亚历山大·真那迪尔维奇·罗泽科夫
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

[0009] One disadvantage of this system is the high cost of receiving payment transaction verification due to the high cost per minute in the public switched telephone network, the need to remember a PIN for the customer to use the system, and the fact that the system cannot be used for small payments , because the verification fee may exceed the transaction amount
[0010] The general disadvantages of existing systems are that dial-up connection times are long, the user requires high knowledge of the verification service infrastructure, verification results are dependent on accidental input errors by customers, and verification is multi-level and slow
The existing multi-level approach brings obvious inconvenience to mobile phone users while on the move, such as driving, between subway stations, etc.
These shortcomings make it difficult to implement multi-level transaction verification, such as verification for private daily business (the cumbersome verification makes users annoying), and verification for exchange business requires the instantaneous response of participants to quickly change the transaction status
[0011] Therefore, the method of effective transaction verification with the user having a minimum participation request cost below the instance during the verification process remains unsatisfied

Method used

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  • Transaction verification method, automatic transaction verification system and transaction verification unit (variants)
  • Transaction verification method, automatic transaction verification system and transaction verification unit (variants)
  • Transaction verification method, automatic transaction verification system and transaction verification unit (variants)

Examples

Experimental program
Comparison scheme
Effect test

Embodiment 1

[0137] Embodiment 1 Transaction Verification System

[0138] like figure 1 As shown, the transaction verification system includes a reading device 2 and a transaction digital processing device 4 sequentially connected to the telecommunication channel 3, the transaction database 7 is connected to the digital processing device 4, and the database server 8 is connected to the digital processing device 4 through the telecommunication channel 5, The database 13 is connected to the database server 8 , the mobile communication network 10 is connected to the automatic switching telephone network 11 , and the user equipment (not shown) of the verifier is correspondingly connected to the telephone server 12 , which is connected to the database 8 . In order for the system to allow the transaction initiator 6 to use the identifier 1 already recorded on the medium, and the mobile phone 9 as the user equipment of the person authorized for the transaction.

[0139] In the current example, f...

Embodiment 2

[0168] Example 2 Operation of a transaction verification system for plastic card business in the banking sector.

[0169] Figure 9 What is shown is a schematic diagram of the verification service performed by the transaction verification system with the plastic card as the medium of the user identifier 1 .

[0170] For simplicity, it is assumed that the transaction originator and grantee are the same. The transaction initiator 6 inserts the bank plastic card (as the medium of the identifier 1 in the user) into the ATM (reading device 2) located in the commercial area, enters the password and instructs the ATM to withdraw cash from the transaction initiator's personal account. The ATM machine transmits the card data through the telecommunication channel 13 to the bank processing center (transaction digital processing device 4) located in the bank area. The processing center 4 uses the database 7 and the received identifier of the transaction initiator 1 to find out the ID2, ...

Embodiment 3

[0174] like figure 2 As shown, the authorization element of the present invention can be used with an authorization element already recorded on a credit or debit bank card when the transaction initiator withdraws cash from an ATM.

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PUM

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Abstract

The invention offers methods and devices in which a clear-back signal and an answer signal of the subscriber device connected to the automated switched telephone network are used as primary or secondary factor of identification of personality and intentions of the transaction initiator. The invention can be used inter alia for confirmation or verification of transactions initiated by the unauthorized person or by the person authorized by existing authorization factors, by means of the subscriber device of the person authorized to make the transaction. The technical result is the fact that an authorization factor is offered that does not require connection traffic in the automated switched telephone network when such network is used for confirmation or verification of transactions.

Description

Field of Invention [0001] The present invention relates to a confirmation method, that is, a multi-factor authentication method and equipment for conducting transactions by telephone. [0002] The trader is generally the first party to initiate a transaction, such as a bank customer, and the second party that has an interest in the transaction verification result, such as a bank, and a third party that performs transaction verification and provides the verification result to the second party, such as a processing center. One of the options in the second party and the third party is to combine. [0003] In the proposed scheme, the on-hook and answering signals of the telephone equipment are used as the main or additional elements for confirming the identity and willingness of the transaction initiator. [0004] In addition, the present invention can be used in private to verify whether a person agrees to perform the act of transferring the rights of the transaction object. Th...

Claims

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Application Information

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Patent Type & Authority Applications(China)
IPC IPC(8): G06Q20/00H04W12/06H04W12/12G06Q20/40
CPCH04L63/08G06F21/35H04L2463/082G06F21/31G06F21/313G06F21/32
Inventor 亚历山大·真那迪尔维奇·罗泽科夫
Owner 亚历山大·真那迪尔维奇·罗泽科夫
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