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Method and system for authenticating digital transactions

A transaction request, payment authentication technology, applied in digital transmission systems, transmission systems, payment systems, etc., can solve the problems of lack of authentication technology, lack of credit card payment security mechanism, etc.

Pending Publication Date: 2021-10-19
VISA INT SERVICE ASSOC
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

[0005] One problem with the prior art is the lack of web-based authentication technology for online payments including credit card payments
Additionally, existing technologies lack security mechanisms for initiating and processing credit card payments, as web-based authentication techniques do not require second-factor authentication such as PINs

Method used

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  • Method and system for authenticating digital transactions
  • Method and system for authenticating digital transactions
  • Method and system for authenticating digital transactions

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Embodiment Construction

[0055] In this document, the word "exemplary" is used herein to mean "serving as an example, instance, or illustration." Any embodiment or implementation of the inventive subject matter described herein as "exemplary" is not necessarily to be construed as preferred or advantageous over other embodiments.

[0056] In the following detailed description of embodiments of the present disclosure, reference is made to the accompanying drawings which form a part hereof, and in which, by way of illustration, are shown specific embodiments in which the disclosure may be practiced. It should be understood, however, that the present disclosure is not intended to be limited to the form disclosed, but on the contrary, this disclosure is intended to cover all modifications, equivalents, and alternatives falling within the spirit and scope of the present disclosure. It is to be understood that other embodiments may be utilized and changes may be made without departing from the scope of the p...

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Abstract

A system and computer-implemented method for authenticating digital transactions. The method includes receiving a device registration request and a device attestation response including at least a device integrity status from a device. In response to the device registration request, the method includes providing a device registration response to the device, based on validation of the device integrity status. Further, the method includes receiving a first payment transaction request and an enrolment request from the device via an application to authenticate a second payment transaction request using a first type of authentication technique. Finally, the method includes enrolling the device to the first type of authentication technique and providing a second token to the device based on a result of the first payment transaction request, wherein the second token is used for authenticating the second payment transaction request.

Description

[0001] Cross-reference to related applications [0002] This application claims priority to Indian Provisional Patent Application No. 201941001778 filed on January 15, 2019, the disclosure of which is incorporated herein by reference in its entirety. technical field [0003] The present disclosure relates to authentication of digital transactions. Specifically, but not exclusively, the present disclosure relates to a method and system for device registration and web-based authentication of digital transactions. Background technique [0004] Recent trends indicate a significant increase in mobile application-based online payments (eg, digital transactions) using smartphones. Online payment includes credit card (card-on-file) payment, unified payment interface (UPI), online banking, etc. For credit card payments, one or more details of the user's payment card are stored by the mobile application and used to initiate digital transactions. Digital transactions are authenticat...

Claims

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Application Information

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Patent Type & Authority Applications(China)
IPC IPC(8): G06Q20/16G06Q20/36G06Q20/38G06Q20/40
CPCG06Q20/401G06Q20/4093G06Q20/3674G06Q20/4016G06Q20/409G06Q20/34G06Q20/326G06Q20/382G06Q20/4012G06Q20/16G06Q20/367H04L9/3213G06Q2220/00H04L2209/56
Inventor 帕梅拉·高希拉贾戈帕尔·普拉哈卡尔萨钦·拉姆钱达尼普拉莫德·穆拉尼赫曼斯·库马尔·马诺哈兰
Owner VISA INT SERVICE ASSOC
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