Haptic Gesture Payment System for Mobile Transaction Security
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Solution Overview
Problem
Providing cardholder account information for mobile commerce transactions on mobile devices is time-consuming and prone to errors, and storing this information with online merchants poses security risks.
Innovation Solution
A mobile computing device system that receives haptic gestures to identify and retrieve payment method options and automatically populate cardholder account information fields, using a local data repository for secure storage and retrieval.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Productivity
If cardholder account information is manually provided on mobile computing devices, then the transaction can be completed, but the process is time-consuming and prone to human error
Solution Approach 1:
The system performs preliminary action by pre-storing cardholder account information in a secure database on the mobile device before transactions occur. When a transaction is initiated, the system retrieves the pre-stored information automatically, eliminating the need for manual input and significantly reducing transaction time while improving accuracy.
2Reliability
If cardholder account information is stored with online merchants, then quick access is possible, but security risks increase
Solution Approach 1:
The system extracts cardholder account information from the merchant's storage system and relocates it to a secure database stored locally on the mobile device. This extraction eliminates the security risks associated with storing sensitive data with merchants while maintaining quick access capability through local retrieval.
Solution Approach 2:
The mobile device itself acts as an intermediary between the cardholder and the merchant. It securely stores account information locally and facilitates transactions by providing necessary data to merchants only when needed, rather than permanently storing data with merchants. This intermediary approach enhances security while enabling quick access.
3Ease of operation
If manual input methods are used for account information, then device complexity remains low, but ease of operation decreases
Solution Approach 1:
The system implements self-service by automatically retrieving cardholder account information from the secure database on the mobile device without requiring manual input from the user. The system handles the entire information retrieval process autonomously, significantly improving ease of operation while the complexity is contained within the device's internal systems.
Data Source
AI summary
A computer-implemented method for providing cardholder account information in response to gestures at a mobile computing device to facilitate a payment transaction is implemented by a mobile computing device coupled to a memory. The method includes receiving a first haptic gesture associated with a financial transaction, providing a plurality of payment method options retrieved from a data repository based upon the first haptic gesture, receiving a second haptic gesture comprising a payment method selection selected from the plurality of payment method options, and providing a plurality of cardholder account information for the financial transaction, the plurality of cardholder account information provided based at least in part on the payment method selection.