Mobile payment method and checkout terminal thereof

A mobile payment and terminal technology, applied in the payment field, can solve problems such as the inability to guarantee the quality of network communication

Pending Publication Date: 2018-03-23
HENGBAO
View PDF0 Cites 14 Cited by
  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

If the user is scanned, the network at the merchant end needs to be connected, but in the actual application environment, due to actual environmental reasons, such as bus applications, the quality of network communication cannot be guaranteed

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
  • Mobile payment method and checkout terminal thereof
  • Mobile payment method and checkout terminal thereof
  • Mobile payment method and checkout terminal thereof

Examples

Experimental program
Comparison scheme
Effect test

Embodiment 1

[0031] like figure 2 As shown, wherein the dynamic two-dimensional code generation process includes the following steps:

[0032] Step S210: The merchant uses the key to encrypt data randomly combined with one or more of transaction data, merchant ID, time factor and random number to generate ciphertext.

[0033] Wherein, the random number is generated by a random number generator in the merchant terminal.

[0034] Step S220: The merchant terminal extracts data from the generated ciphertext to generate a One-time Password (OTP) value.

[0035] Step S230: The merchant uses a two-dimensional code algorithm to calculate the combination of the Bluetooth PIN code and the OTP value paired with the mobile terminal to generate a dynamic two-dimensional code. The generation algorithm of the two-dimensional code adopts the existing algorithm.

[0036] Preferably, the dynamic two-dimensional code is updated within a specified time interval. As an example, the dynamic two-dimensional...

Embodiment 2

[0044] In this embodiment, both the merchant end and the consumer end are offline.

[0045] like image 3 As shown, the offline payment at the merchant side specifically includes the following steps:

[0046] Step S310: The merchant terminal receives the Bluetooth pairing request sent by the mobile device.

[0047] Step S320: The merchant terminal establishes a Bluetooth connection with the mobile device, and performs identity verification on the mobile device based on the IMEI transmitted by the mobile device (it can also be verified according to other information transmitted by the mobile device).

[0048] Step S330: After the merchant terminal successfully authenticates the identity of the mobile device, the merchant terminal receives the payment request information sent by the mobile device.

[0049] As an embodiment, the payment request information includes transaction amount and wallet balance.

[0050] Step S340: The merchant side judges the balance of the wallet of ...

Embodiment 3

[0077] In this embodiment, the merchant end is offline and the consumer end is online.

[0078] The specific steps for the merchant to go offline are as follows: image 3 As shown, no further details are given here.

[0079] like Figure 5 As shown, the consumer connection specifically includes the following steps:

[0080] Step S510: The mobile device scans the dynamic two-dimensional code of the merchant, and extracts the OTP value and the Bluetooth PIN code of the merchant from the dynamic two-dimensional code.

[0081] Step S520: The mobile device initiates an identity verification request to the background system of the issuing bank.

[0082] After the verification of the mobile device is passed, step S530 is executed: the mobile device inputs the transaction amount, and initiates a payment request to the background of the issuing bank.

[0083] Step S540: If the payment request is passed, the mobile device receives a payment password input instruction, and the user i...

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 application discloses a mobile payment method and its checkout terminal. The method includes: the merchant side uses a key to encrypt the data randomly combined by one or more of transaction data, merchant ID, time factor and random number to generate Cipher text; the merchant terminal extracts data from the cipher text to generate a dynamic password; the merchant terminal uses a two-dimensional code algorithm to calculate the Bluetooth PIN code and dynamic password on the merchant terminal to generate a dynamic two-dimensional code. This application has a higher degree of security when making payments. The QR code adopts dynamic encryption technology and is automatically updated once a minute, which helps to ensure the safety of merchant funds. At the same time, the merchant and consumer can use dual offline transactions. When the terminal is offline, it can also upload consumption bills to the background of the acquiring bank on time to ensure the safety of the merchant's funds.

Description

technical field [0001] The invention relates to the payment field, in particular to a mobile payment method and a checkout terminal thereof. Background technique [0002] In the current payment field, mobile payment is the fastest growing business direction. With the development of mobile payment services, many new payment methods have appeared in the market, such as NFC, QR code, iris payment, voice payment and fingerprint payment, etc. Among the above payment methods, QR code payment is currently one of the most widely used mobile payment methods in the market and occupies the highest market share. [0003] The existing two-dimensional code payment methods are divided into two forms: main scanning and being scanned. The traditional two-dimensional code payment is online payment, in which the user’s main scanning mode, such as figure 1 As shown, in this mode, the QR code information is usually displayed on the merchant’s POS terminal or directly printed on paper, and its ...

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): G06Q20/32G06Q20/40G07G1/00G07G1/14
CPCG06Q20/3276G06Q20/4012G06Q20/403G07G1/0018G07G1/14
Inventor 方树平祝景国赵李明罗广文马艳伟
Owner HENGBAO
Who we serve
  • R&D Engineer
  • R&D Manager
  • IP Professional
Why Eureka
  • Industry Leading Data Capabilities
  • Powerful AI technology
  • Patent DNA Extraction
Social media
Try Eureka
PatSnap group products

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

© 2024 PatSnap. All rights reserved.Legal|Privacy policy|Modern Slavery Act Transparency Statement|Sitemap