Mobile Payment Interchange System for Secure Transaction Authorization
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Solution Overview
Problem
Current mobile communication systems lack efficient methods for securely facilitating online transactions using mobile devices, particularly in ensuring the security and convenience of electronic payments without revealing sensitive account information to merchants.
Innovation Solution
A system that includes a data storage facility to associate personal information with a user's telephone number and an interchange that interfaces with various mobile communication controllers, using converters to communicate in different formats and a common format processor to facilitate electronic payment transactions, allowing users to approve personal information sharing with websites and manage payments securely through their mobile phones.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Ease of operation
If users share personal information directly with merchants for online transactions, then transaction convenience is improved, but security and privacy protection deteriorate
Solution Approach 1:
The patent introduces a mobile communication system as an intermediary between users and merchants. The system receives transaction requests from merchants, communicates with users' mobile phones to obtain authorization, and then processes the transaction. This intermediary role protects user information by never directly sharing it with merchants while still enabling convenient transactions.
Solution Approach 2:
The patent segments the transaction process into distinct phases: merchant initiates request, system validates and communicates with user's mobile device, user provides authorization code, system completes transaction. This segmentation allows security checks to occur at each stage rather than requiring direct information sharing between user and merchant.
2Adaptability or versatility
If the system interfaces with multiple mobile communication controllers using different formats, then adaptability is improved, but device complexity increases
Solution Approach 1:
The system employs a common format processor as an intermediary layer between the core system and various mobile communication controllers. This processor translates between different controller formats and a standardized internal format, enabling the system to support multiple controllers without increasing core system complexity.
Solution Approach 2:
The system implements a universal interface architecture where a single common format processor handles multiple types of mobile communication controllers. This multi-functional design allows the same processing logic to serve diverse controllers through standardized translation, reducing overall system complexity despite high adaptability.
Data Source
AI summary
Systems and methods are to provide information to facilitate online transactions via mobile communications. In one aspect, a system includes a data storage facility to store and associate personal information of a user with a telephone 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 approve the providing of the personal information from the data storage facility to a website.