One Swipe Payment Account Registration
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Solution Overview
Problem
Existing payment services require customers to undergo burdensome account registration processes, discouraging their use by necessitating personal information and username/password setup.
Innovation Solution
The one swipe registration technology allows customers to create an account by swiping their payment card at a point of sale terminal and providing an email address or phone number, automatically registering an account and enabling transactions with minimal user input, with verification occurring post-initial use.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If customers register for payment services by providing personal information and setting up username/password, then account security and verification are improved, but customer burden and registration complexity increase
Solution Approach 1:
The system performs preliminary account creation and stores account information in advance during the payment card transaction. The account is created with the payment card information before the customer actually needs to use the service, eliminating the need for separate registration while maintaining security through later verification steps.
Solution Approach 2:
The system automatically creates the account using the payment card information provided during the transaction without requiring customer intervention for account setup. The customer simply provides their email or phone number while the system handles account creation, username generation, and initial configuration automatically.
2Reliability
If customers undergo burdensome account registration processes, then account verification and security are improved, but customer engagement and service adoption decrease
Solution Approach 1:
Account verification is performed in advance during the payment transaction when the customer swipes their card. The system creates the account and initiates verification processes before the customer needs to access service features, ensuring both security and immediate usability.
Solution Approach 2:
The account registration process is merged with the existing payment card transaction flow. Customers provide their email or phone number during the normal payment process, and the account is created and verified as part of the same transaction, eliminating separate registration steps and increasing service adoption.
3Reliability
If the system requires full account verification before allowing transactions, then account security is improved, but transaction speed and user convenience deteriorate
Solution Approach 1:
The system performs partial account creation and initial verification during the payment transaction, allowing immediate transaction capabilities. Full verification is completed in the background or on-demand, providing both speed for immediate use and security for comprehensive verification without blocking transaction flow.
Data Source
AI summary
Disclosed are system and methods for registering an account with a payment service system on behalf of a customer in response to a payment card associated with the customer being used at a point of sale terminal. The system receives payment card information extracted from the payment card when it is swiped at the point of sale terminal. The system also receives a communication identifier that is entered on a user interface of the point of sale terminal or on a user interface of a mobile application on a mobile device of the customer. In response to receiving the payment card information and the communication identifier, the system automatically creates an account for the customer by associating the payment card with the communication identifier without requiring the user to enter details of the payment card to link the payment card to the account.