Looking for breakthrough ideas for innovation challenges? Try Patsnap Eureka!

Security payment method and payment system based on mobile phone wallet

A mobile wallet and secure payment technology, applied in the field of information security, can solve the problems of the cardholder's authenticity cannot be verified, bank card information leakage, customer information theft, etc., to avoid the phenomenon of fraudulent brushing, great convenience, Avoid Lost Effects

Active Publication Date: 2014-12-03
CHINA UNIONPAY
View PDF8 Cites 23 Cited by
  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

[0002] Bank cards have become one of the main payment methods for people's daily consumption. However, due to the negligence of cardholders when using bank cards, bank card information is leaked, or criminals steal customer information through various illegal means, resulting in bank fraud. phenomenon intensifies
[0003] At present, whether it is a magnetic stripe card or a chip card in the market, when the user pays, the authenticity of the card is only verified by technical means, but the authenticity of the cardholder cannot be verified. Therefore, due to loss or Counterfeit magnetic stripe cards can be used for payment, which brings greater risks to cardholders

Method used

the structure of the environmentally friendly knitted fabric provided by the present invention; figure 2 Flow chart of the yarn wrapping machine for environmentally friendly knitted fabrics and storage devices; image 3 Is the parameter map of the yarn covering machine
View more

Image

Smart Image Click on the blue labels to locate them in the text.
Viewing Examples
Smart Image
  • Security payment method and payment system based on mobile phone wallet
  • Security payment method and payment system based on mobile phone wallet

Examples

Experimental program
Comparison scheme
Effect test

Embodiment Construction

[0044] The following introduces some of the embodiments of the present invention, which are intended to provide a basic understanding of the present invention, but are not intended to identify key or decisive elements of the present invention or limit the scope of protection.

[0045] The "mobile wallet" referred to in this article refers to binding the user's mobile phone number with a prescribed payment card (such as a bank card), and providing users with personalized financial services and fast payment anytime, anywhere through SMS and other operations. channel. "Mobile wallet" is a business that uses payment card accounts (such as bank card accounts) as financial support and mobile phones as transaction tools. In a variety of ways, the user can operate the bound account, realize shopping consumption, bill payment, transfer, account balance inquiry, and receive transaction result notification and account change notification through SMS and other methods. Mobile wallets can...

the structure of the environmentally friendly knitted fabric provided by the present invention; figure 2 Flow chart of the yarn wrapping machine for environmentally friendly knitted fabrics and storage devices; image 3 Is the parameter map of the yarn covering machine
Login to View More

PUM

No PUM Login to View More

Abstract

The invention relates to a security payment method and a payment system based on a mobile phone wallet. The security payment method comprises the following steps: a user rule making step of making a user formulate a user rule for verifying payment based on the mobile phone wallet; a user rule verification step of enabling communication between the mobile phone wallet and a POS (Point Of Sale) terminal to obtain transaction information of the user and verify the transaction according to the user rule after the user utilizes the mobile phone wallet or a payment card to carry out credit card consumption; and a transaction authorization / rejection step of transmitting passed transaction authorization to the POS terminal under the condition of successful verification of the user rule, and transmitting transaction authorization failure to the POS terminal or carrying out spare security certification under the condition of failed verification of the user rule. According to the security payment method and the payment system based on the mobile phone wallet, the phenomenon of unauthorized use of the card caused by loss of the payment card or a counterfeit card can be effectively avoided, and a great convenience is provided for users that use mobile phone wallets on the premise of guaranteeing card application security of the users.

Description

technical field [0001] The invention relates to information security technology, in particular to a mobile wallet-based secure payment method and payment system. Background technique [0002] Bank cards have become one of the main payment methods for people's daily consumption. However, due to the negligence of cardholders when using bank cards, bank card information is leaked, or criminals steal customer information through various illegal means, resulting in bank fraud. The phenomenon is getting worse. [0003] At present, whether it is a magnetic stripe card or a chip card in the market, when the user pays, the authenticity of the card is only verified by technical means, but the authenticity of the cardholder cannot be verified. Therefore, due to loss or Counterfeit magnetic stripe cards can be used for payment, which brings greater risks to cardholders. [0004] Contents of the invention [0005] In view of the above problems, the present invention aims to provide ...

Claims

the structure of the environmentally friendly knitted fabric provided by the present invention; figure 2 Flow chart of the yarn wrapping machine for environmentally friendly knitted fabrics and storage devices; image 3 Is the parameter map of the yarn covering machine
Login to View More

Application Information

Patent Timeline
no application Login to View More
Patent Type & Authority Applications(China)
IPC IPC(8): G06Q20/32G06Q20/40
CPCG06Q20/105G06Q20/206G06Q20/4014
Inventor 何朔徐文虎吕旭峰周钰郑建宾
Owner CHINA UNIONPAY
Who we serve
  • R&D Engineer
  • R&D Manager
  • IP Professional
Why Patsnap Eureka
  • Industry Leading Data Capabilities
  • Powerful AI technology
  • Patent DNA Extraction
Social media
Patsnap Eureka Blog
Learn More
PatSnap group products

Browse by: Latest US Patents, China's latest patents, Technical Efficacy Thesaurus, Application Domain, Technology Topic, Popular Technical Reports.

© 2024 PatSnap. All rights reserved.Legal|Privacy policy|Modern Slavery Act Transparency Statement|Sitemap|About US| Contact US: help@patsnap.com