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Providing device and system agnostic electronic payment tokens

A technology of tokens and client devices, applied in payment systems, transmission systems, anonymous user systems, etc., can solve the problems of restricting consumers and merchants, and achieve the effect of increasing security

Inactive Publication Date: 2019-07-16
META PLATFORMS INC
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

However, such traditional systems limit consumer and merchant
Therefore, traditional electronic payment systems and methods have many disadvantages

Method used

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  • Providing device and system agnostic electronic payment tokens
  • Providing device and system agnostic electronic payment tokens
  • Providing device and system agnostic electronic payment tokens

Examples

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Embodiment Construction

[0040] Embodiments of the present disclosure provide a payment system that provides users with the ability to participate in secure transactions that are device and system agnostic and that do not require merchants to integrate the payment system. For example, the payment system initiates a payment transaction using the payment token by sending the payment token to a user client device associated with the user, which then sends the payment token to the merchant (eg, a merchant system). By sending payment tokens to user client devices instead of merchant systems, the payment system enables users and merchants to conduct payment transactions regardless of the devices or operating systems of the user client devices and merchant systems.

[0041] As previously mentioned, payment systems allow users to initiate electronic payment transactions with merchants. Specifically, the payment system receives a request for a payment token from a user client device associated with the user ac...

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PUM

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Abstract

The present disclosure relates to systems, methods, and devices for device and system agnostic payment tokenization for processing payment transactions. In particular, the message system allows a userto initiate a payment transaction with a merchant. For example, one or more implementations involve identifying, in response to a request by a user client-device, a payment authorization number associated with a user account and sending a request for a payment token to a payment network associated with the payment authorization number. One or more embodiments receive a payment token representingthe payment authorization number. Additionally, one or more embodiments encrypt the payment token and send the encrypted payment token to the user client-device to provide to a merchant system associated with the merchant.

Description

technical field [0001] Electronic payment systems allow users to perform payment transactions with others through software applications on one or more types of devices (eg, desktop devices and mobile devices). Some electronic payment systems allow users to conduct payment transactions with financial institutions or merchants (ie, peer-to-peer business payment transactions). For example, some electronic payment systems allow users to conduct payment transactions with merchants for goods or services through electronic payment applications or web browsers on computing devices. Background technique [0002] Some traditional electronic payment systems provide secure payment transactions by implementing tokenization of payment credentials to prevent sensitive information from being exposed to other parties. For example, some traditional systems integrate with payment gateway systems (such as BrainTree) to obtain gateway payment tokens for processing payment transactions through a...

Claims

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Application Information

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Patent Type & Authority Applications(China)
IPC IPC(8): G06Q20/38G06Q20/02G06Q20/10
CPCG06Q20/02G06Q20/12G06Q20/38215G06Q20/383G06Q20/385G06Q30/0601G06Q20/3674G06Q20/102G06Q20/3829G06Q20/409G06Q2220/00G06Q50/01H04L9/50G06Q20/382G06Q20/10
Inventor 阿南德·苏巴拉扬叶格纳尚卡尔·帕拉苏拉姆宋硕阿克沙伊·米塔尔刘西烁凯文·帕特里克·赫尔利弗拉迪斯拉夫·佩雷尔曼阿蒂拉·因采
Owner META PLATFORMS INC
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