E-Commerce Tokenization for Expired Card Auto-Fill
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Solution Overview
Problem
E-Commerce merchants and payment service providers face challenges during checkout when cards on file expire, leading to consumer drop-offs, as tokenized card numbers cannot be auto-filled or key-entered in the browser, disrupting the payment process.
Innovation Solution
Implementing E-Commerce browser standards for tokenization, which includes using a token requestor integrated with a token service to manage payment devices, enabling tokenization of cards used in checkout and requesting a valid cryptogram to circumvent expired card issues, thus reducing friction and increasing conversion rates.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If tokenization is implemented to secure card data, then security is improved, but ease of operation deteriorates because token numbers cannot be auto-filled or key-entered in the consumer browser
Solution Approach 1:
The patent introduces a token service and token requestor as intermediary components between the merchant system and the payment tokenization system. The token service manages token provisioning and the token requestor handles communication with the token service, enabling secure token-based payments while maintaining browser compatibility and auto-fill functionality through standardized integration.
2Ease of operation
If traditional card auto-form fill is used to expedite checkout, then ease of operation is improved, but reliability deteriorates when cards expire as merchants must nudge consumers to update card information
Solution Approach 1:
The patent implements preliminary token provisioning where tokens are pre-generated and stored in the token service before the actual payment transaction occurs. When a card is added to a merchant system, a token is immediately provisioned and associated with that card. This preliminary action ensures that even if the original card expires, the pre-provisioned token remains valid and can be automatically used for future transactions without requiring consumer intervention to update card information.
3Reliability
If tokenization is implemented to handle expired cards, then reliability is improved, but device complexity increases due to integration with token services
Solution Approach 1:
The patent designs the token service and token requestor to provide universal functionality across multiple merchants and payment scenarios. The token service acts as a centralized multi-functional system that handles token provisioning, management, and validation for various merchants, eliminating the need for each individual merchant system to implement complex tokenization logic independently. This universal approach reduces device complexity at the merchant level while maintaining reliability through centralized token management.
Data Source
AI summary
Expedited E-Commerce Tokenization alleviates concerns associated with cards for merchants as well as payment service providers (PSPs) using tokens by establishing E-Commerce browser standards around tokenization for merchants and PSPs through a standard manner of requesting customer data in an encrypted manner following a standard.