Mobile Payment Tokenization for Fuel Station Security
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Solution Overview
Problem
Fuel dispensing transactions at stations are cumbersome and vulnerable to data security breaches, as customers must provide sensitive information directly, and advertisements are not effectively targeted to specific customers.
Innovation Solution
A virtual wallet application on mobile devices allows users to locate and authorize fueling stations, complete transactions without exposing sensitive payment information, and receive targeted promotions based on location and purchase history.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If customers provide sensitive payment information directly at fuel dispensing stations, then transactions can be completed, but security vulnerabilities increase and data theft risk rises
Solution Approach 1:
The patent extracts sensitive payment information handling from the fuel dispensing station environment and relocates it to a secure remote server. The system stores payment card information in an encrypted token vault on a remote server, allowing transactions to proceed without exposing sensitive data at the point of sale. This extraction eliminates the security vulnerability of having payment information processing infrastructure at the fuel station.
Solution Approach 2:
The patent introduces a payment gateway and tokenization system as intermediaries between the customer and the fuel dispensing station. Instead of directly providing payment information to the station, customers interact with a mobile device application that communicates through a secure payment gateway. The gateway uses tokenization to replace sensitive card data with non-sensitive tokens, acting as a mediator that protects customer information while enabling transactions.
2Productivity
If traditional payment processing is used at fuel stations, then transactions are completed, but the process is cumbersome and time-consuming
Solution Approach 1:
The patent implements preliminary action by pre-registering payment information and creating customer profiles before the actual fueling transaction. The system stores payment methods, vehicle information, and fuel preferences in advance. When a customer arrives at the station, the system has already prepared authorization tokens and can quickly authenticate the customer through the mobile application, eliminating the need for manual card insertion or signature collection during the transaction.
Solution Approach 2:
The patent enables self-service through a mobile device application that allows customers to independently complete transactions without attendant assistance. The application handles payment authorization, fuel dispensing control, and receipt generation automatically. The system uses the mobile device as both the authentication medium and the transaction terminal, allowing customers to service themselves entirely through the application interface.
3Adaptability or versatility
If general population advertising is used at fuel stations, then advertisements are displayed, but they are not effectively targeted to specific customers
Solution Approach 1:
The patent applies local quality by customizing advertising content based on individual customer characteristics and preferences stored in the system. Instead of displaying uniform advertisements to all customers, the system analyzes customer profiles including purchase history, vehicle type, and fuel preferences to deliver targeted advertisements through the mobile application. Each customer receives locally optimized advertising content relevant to their specific needs and behaviors.
Solution Approach 2:
The patent implements feedback loops where customer responses to advertisements and promotions are tracked and used to refine future advertising strategies. The system monitors which advertisements customers engage with, which promotions they redeem, and adjusts subsequent advertising content accordingly. This feedback mechanism allows the system to continuously improve advertising effectiveness by learning from customer behavior patterns.
Data Source
AI summary
The methods and systems described herein provide for processing electronic payments at a retail location. Secure payment information for use in processing future payment transactions initiated by a mobile device may be stored at a secure location remote from retail locations. A mobile device of a user may be detected and location determined based at least in part on the strength of a signal via a wireless antennas at the retail location. A determination is made that the mobile device is associated with a user who previously provided payment information for use in processing payment transactions. The mobile device may receive incentives based at least in part on the determined location. A user may complete a payment transaction at the retail location without providing the secure payment information at the retail location.