Interchange Mediator for Secure Mobile Payment Identity Verification
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Solution Overview
Problem
Existing mobile communication systems lack efficient methods for secure and convenient facilitation of online transactions, particularly in ensuring user identity confirmation and payment processing without revealing sensitive account information to merchants.
Innovation Solution
A system that includes a data storage facility for user account identifiers and phone numbers, coupled with an interchange that uses converters to communicate with various mobile communication controllers in different formats, facilitating electronic payments by confirming user identity and processing payments using the stored account information without direct merchant access.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If user identity confirmation is performed through mobile devices, then security of online transactions is improved, but device complexity increases
Solution Approach 1:
The patent introduces an interchange as an intermediary component between the user's mobile device and the payment processing system. This interchange handles the complex communication protocols, format conversions, and security verification, allowing the mobile device to remain simple while achieving secure transactions through the intermediary's coordination
2Ease of operation
If account information is stored and processed through an interchange, then convenience of payment processing is improved, but device complexity increases
Solution Approach 1:
The interchange is designed as a universal platform that can process multiple types of payment requests, communicate with different mobile carriers, and handle various communication protocols through its converters. This multi-functionality consolidates complexity into a single system while providing convenient payment processing across diverse scenarios
3Adaptability or versatility
If multiple communication formats are supported for different mobile carriers, then adaptability of the system is improved, but device complexity increases
Solution Approach 1:
The interchange acts as a mediator between the payment system and various mobile carriers, using converters to translate between different communication formats. This allows the system to adapt to multiple carriers without requiring each carrier's specific protocol to be implemented in the original system, thereby improving adaptability while managing complexity through the intermediary layer
Data Source
AI summary
Systems and methods are provided to facilitate online transactions via mobile communications. In one aspect, a system includes a data storage facility to store an account identifier of a user and a phone number of the user and an interchange coupled with the data storage facility. The interchange includes a common format processor and a plurality of converters to interface with a plurality of different controllers of mobile communications. The converters are configured to communicate with the common format processor in a common format and to communicate with the controllers in different formats. The interchange uses the converters to communicate with the mobile phone of a user to confirm the identity of the user using a user terminal separate from the mobile phone for subsequent payment requests from the user terminal to be fulfilled using the account identifier.