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Delegation of transactions

A transaction and voucher technology, applied in instruments, payment systems, electronic vouchers, etc., to solve legal and practical problems

Inactive Publication Date: 2018-08-21
MASTERCARD INT INC
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

[0006] Currently, there are situations where a cardholder would be expected to delegate the use of their card or other payment device to another person, but this currently creates legal and practical difficulties

Method used

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  • Delegation of transactions
  • Delegation of transactions
  • Delegation of transactions

Examples

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Embodiment Construction

[0024] Specific embodiments of the present invention will be described below with reference to the accompanying drawings.

[0025] figure 1 An exemplary transaction system is shown in which embodiments of the invention may be used.

[0026] A user (not shown) is provided with a payment device - this could be for example a payment card 1a. As will be discussed later, in embodiments of the present invention, a payment device may be any element that can be used to allow a user to access a transaction infrastructure to make a payment.

[0027] The user is also provided with a payment management facility to allow the user to manage payments on their account. Here, this is the cellular wireless telecommunication terminal 1 (but it could be any other mobile computing device - in an embodiment this need not even be a mobile device and could be a desktop computer). In an embodiment, the payment management device 1 may also be a payment device - when the payment management device 1 i...

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PUM

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Abstract

A method of performing a transaction with a payment credential where the transaction is approved by a delegated user is described. A user and an issuer of a payment credential between them establish permitted use and an authentication option for a delegated user. The delegated user uses the payment credential to perform the transaction. Both the transaction and the authentication option used by the delegated user are provided to the issuer. The issuer then will allow the transaction if the transaction falls within the permitted use and the authentication option is valid for the delegated user.Suitable computing devices and service offerings are also described.

Description

[0001] Cross References to Related Applications [0002] This application claims priority and benefit from the filing date of European Patent Application Serial No. 15199664.2 filed 11 December 2015, which is hereby incorporated by reference in its entirety. technical field [0003] The present invention generally relates to user identification and authentication for transactions. Embodiments relate to authentication of a user of a payment device, with particular embodiments relating to authentication of a second user. Background technique [0004] Payment cards, such as credit and debit cards, are very widely used for all forms of financial transactions. The use of these payment cards has evolved significantly in recent years as technology has developed. Many payments are made at retail locations, often where a physical payment card interacts with a point-of-sale (POS) terminal to support transaction authorization. These payment cards can interact with the POS by swiping...

Claims

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Application Information

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Patent Type & Authority Applications(China)
IPC IPC(8): G06Q20/42G06Q20/32H04W12/06
CPCG06Q20/40G06Q20/4014G06Q20/40145G06Q2220/00G06Q20/2295H04L63/0861H04L63/0884H04W12/068H04W12/084G06Q20/322G06Q20/3821G06Q20/4012
Inventor I·麦道克斯D·罗伯兹
Owner MASTERCARD INT INC