One-Time Number Payment Processing via Intermediary Translation

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Solution Overview

Problem

Small businesses face significant resource expenditures and challenges in accepting electronic wallets that use one-time numbers for payment transactions, as they require specialized hardware, software, and infrastructure, making it difficult and costly to implement and expand their payment capabilities.

Innovation Solution

A system and method that enables point of sale devices to read and process one-time numbers encoded in machine-readable codes, converting them into standard data values for transmission via existing payment rails, allowing for processing as traditional electronic payment transactions without requiring extensive modifications to merchant, acquirer, or issuer systems.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Reliability

If merchants use electronic wallets with one-time numbers for payment transactions, then transaction security is improved, but device complexity and implementation cost increase significantly

Engineering Contradiction:

Improvetransaction securityVSAvoidhardware and software requirements

Core Design Contradiction:

ReliabilityVSDevice complexity

Solution Approach 1:

The patent introduces an intermediary system that translates one-time number data from electronic wallets into standard payment network formats. This intermediary layer allows merchants to use secure one-time numbers without requiring specialized processing infrastructure, as the translation handles the complexity of converting between the two data formats using existing payment rail infrastructure.

Inventive Principle:

Principle #24Intermediary (Mediator)

Solution Approach 2:

The system creates a standardized copy or representation of the one-time number data that is compatible with traditional payment networks. Instead of requiring merchants to process the original electronic wallet data format, the system generates a standardized version that can be processed through existing infrastructure, thereby reducing device complexity while maintaining security.

Inventive Principle:

Principle #26Copying

2Reliability

If merchants implement specialized infrastructure for one-time number processing, then payment security is improved, but ease of operation and expansion difficulty worsen

Engineering Contradiction:

Improvepayment securityVSAvoidimplementation ease

Core Design Contradiction:

ReliabilityVSEase of operation

Solution Approach 1:

The patent makes the payment system universal by enabling one-time number processing through standard payment network infrastructure that merchants already possess. The system can handle both traditional payment data and one-time number data through the same infrastructure, eliminating the need for specialized hardware or software and significantly improving ease of operation and expansion capability.

Inventive Principle:

Principle #6Universality (Multi-functionality)

3Adaptability or versatility

If merchants procure specialized hardware and software for electronic wallet processing, then transaction processing capability is improved, but resource expenditure increases

Engineering Contradiction:

Improvepayment processing capabilityVSAvoidresource expenditure

Core Design Contradiction:

Adaptability or versatilityVSQuantity of substance

Solution Approach 1:

The system enables merchants to process one-time number payments using their existing payment infrastructure without requiring them to procure specialized hardware or software. The translation and routing functions are handled automatically by the system, allowing merchants to maintain their current resource levels while gaining enhanced payment processing capability.

Inventive Principle:

Principle #25Self-service

4Reliability

If electronic wallets use unique one-time data for transactions, then security is improved, but adaptability to different merchants and markets worsens

Engineering Contradiction:

ImprovesecurityVSAvoidmarket expansion capability

Core Design Contradiction:

ReliabilityVSAdaptability or versatility

Solution Approach 1:

The system changes the format parameters of the one-time number data to make it compatible with standard payment network protocols. By transforming the data representation while preserving the security properties of one-time use, the system enables widespread adoption across different merchants and markets without compromising security.

Inventive Principle:

Principle #35Parameter changes

Data Source

PatentUS11468440B2Method and system for conveyance of machine readable code data via payment network

Publication Date: 2022.10.11 MASTERCARD INT INC

AI summary

A method for processing an encoded one-time number via payment rails includes: receiving, by a receiving device interfaced with a computing system, a one-time number, wherein the one-time number is comprised of at least an identification value and a remaining value; executing, by a querying module of the computing system, a query on a memory of the computing system to identify a routing number based on at least a portion of the one-time number; generating, by a generation module of the computing system, a data value, wherein the data value includes at least the identified routing number and the remaining value; and electronically transmitting, by a transmitting device of the computing system, the generated data value to an external system via payment rails associated with a payment network.