Mobile Payment Token Provisioning via Peer-to-Peer Transfer
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Solution Overview
Problem
Current practices for providing payment cards to employees and children are cumbersome, involving significant administrative burdens for employers and parents, including ordering, tracking, and replacing cards, as well as setting and enforcing usage limits.
Innovation Solution
Provisioning payment tokens directly to mobile devices instead of issuing physical payment cards, allowing corporate administrators or parents to control and manage the payment tokens through a service provider, set rules for usage, and receive transaction reports.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Ease of operation
If physical payment cards are issued to employees and children, then payment functionality is provided, but administrative burden and complexity increase significantly
Solution Approach 1:
The patent uses virtual copies of payment card functionality through mobile devices instead of physical cards. The payment account number is replicated digitally across multiple mobile devices, eliminating the need for physical card production, distribution, and management infrastructure.
Solution Approach 2:
The patent replaces the mechanical system of physical card distribution (printing, shipping, tracking, replacing) with an electronic system. Payment tokens are transmitted digitally through communication networks, and card management functions are performed through software applications rather than manual administrative processes.
2Productivity
If physical payment cards are distributed to multiple locations, then employees can make purchases, but time delays occur in card distribution
Solution Approach 1:
The patent enables preliminary provisioning of payment tokens to mobile devices before physical cards would be ready for distribution. Employees can receive digital payment access immediately upon enrollment, without waiting for physical card production and shipping.
Solution Approach 2:
The patent replaces the slow mechanical distribution process (printing, packaging, shipping physical cards to multiple locations) with instantaneous electronic transmission of payment tokens through communication networks, achieving immediate global distribution capability.
3Reliability
If physical payment cards are lost or damaged, then replacement is needed, but administrative burden increases
Solution Approach 1:
The patent creates digital copies of payment account access that can be instantly replicated across multiple mobile devices. If one device is lost or damaged, the payment token can be immediately transferred to or re-provisioned on another device without physical card replacement processes.
Solution Approach 2:
The patent makes the payment card system dynamic and flexible, allowing real-time reassignment and re-provisioning of payment tokens between different mobile devices. This enables rapid response to loss or damage events without fixed physical card constraints.
4Adaptability or versatility
If usage limits are set on employee cards, then spending control is achieved, but administrative complexity increases
Solution Approach 1:
The patent implements self-service capabilities where payment tokens and usage limits are automatically provisioned and managed through mobile applications. Parents and employees can configure their own spending limits, view transaction histories, and manage their payment accounts without administrative intervention.
Solution Approach 2:
The patent incorporates real-time feedback mechanisms through mobile applications that notify users of transactions, balance status, and limit approaches. This automated feedback system eliminates the need for manual monitoring and enforcement of usage limits by administrators.
Data Source
AI summary
A method includes communicating with a remote server computer via a first mobile device to receive in the first mobile device a payment token associated with a PAN (primary account number). The PAN identifies a payment account owned by a user of the first mobile device. The method further includes provisioning the payment token from the first mobile device to a second mobile device in proximity to the first mobile device. The provisioning includes transfer of data from the first mobile device to the second mobile device.