Payment Product Verification via Identifier Lookup Without Card Details
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Solution Overview
Problem
Conventional transaction authorization systems require customers to provide arbitrary and cryptic payment product details, such as credit card numbers, which can be difficult to remember, leading to discouraged use of third-party payment products if these details are not available.
Innovation Solution
Utilizing a customer identifier, such as an email address, to query a payment product provider's datastore for associated customer profile data, determine eligibility, and authorize transactions through a payment processor, allowing for payment product verification and authorization without requiring customers to remember complex payment details.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If customers provide arbitrary payment product details (credit card numbers, etc.), then transaction verification can be completed, but customers must remember complex details which reduces ease of operation
Solution Approach 1:
The patent introduces a customer identifier (such as an email address) as an intermediary between the customer and the payment product details. Instead of directly handling complex payment information, the system uses this simple identifier to look up and retrieve the associated payment product data from the payment product provider, thereby simplifying the customer's interaction while maintaining secure verification
Solution Approach 2:
The system creates a simplified representation (copy) of the payment product access mechanism. Rather than requiring customers to input the actual payment product details, they provide a simple identifier that the system then uses to retrieve the necessary information from the payment product provider's datastore, effectively copying the authentication function in a more user-friendly form
2Ease of operation
If customers use physical reminders (cards) to access payment details, then transaction initiation is enabled, but customers must carry physical items which reduces convenience
Solution Approach 1:
The patent replaces the mechanical system of physical cards with an electronic/digital system. Instead of requiring physical plastic cards that customers must carry and insert, the system uses electronic identifiers (like email addresses) that can be stored digitally and transmitted electronically, substituting the mechanical card-swiping process with a digital lookup process
3Reliability
If customers do not have physical payment reminders available, then transaction completion is prevented, but this discourages use of third-party payment products
Solution Approach 1:
The system implements self-service by allowing customers to store their payment product associations with their identifiers in the payment product provider's datastore. When needed, the system automatically retrieves the associated payment product data without requiring the customer to manually input or present physical payment information, making the service adaptable to situations where physical reminders are unavailable
Data Source
AI summary
Systems, methods, and devices for payment product verification and authorization using a customer identifier are disclosed. In some aspects, techniques described herein relate to receiving, by a payment product provider and from a payment processor, a customer identifier; querying a datastore of customers of the payment product provider with a parameterized query, where the customer identifier is a parameter of the query; determining, based on the query, that the customer identifier is associated with customer profile data of the payment product provider; determining payment product data associated with the customer profile data; returning, by the payment product provider and to the payment processor, a positive eligibility indication based on the customer profile data and the payment product data; receiving, by the payment product provider and from the payment processor, a customer approval indication; and sending, by the payment product provider and to the payment processor, the payment product data.