Point-to-Point Remote Payment Authentication for Recipient Verification
Find Innovative SolutionsGenerate Solutions
Solution Overview
Problem
Existing digital payment systems lack sufficient certainty that the recipient of the payment is correct and do not provide a high level of security, especially for cash payments, and do not comply with EIDAS regulations.
Innovation Solution
A method and electronic system that uses a dynamically generated unique operation identifier containing information about the payment operation and user identifiers, verified through biometric authentication, to establish a secure point-to-point connection between devices, ensuring the identity of both parties is confirmed before proceeding with the transaction.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Ease of operation
If traditional digital payment systems are used, then payment convenience is improved, but security level and recipient verification certainty deteriorate
Solution Approach 1:
The system performs preliminary authentication actions before the actual payment transaction. The unique operation identifier is generated and shared in advance, and both parties authenticate their digital identities before the payment is executed, ensuring recipient verification certainty while maintaining payment convenience
Solution Approach 2:
The patent introduces an intermediary authentication subsystem that mediates between the payer and payee. This subsystem verifies digital identities and confirms recipient authenticity without requiring direct trust between parties, resolving the contradiction between convenience and security
2Reliability
If strong authentication procedures with multiple factors are used, then security level is improved, but operation complexity increases
Solution Approach 1:
The authentication subsystem serves multiple functions: generating unique operation identifiers, verifying digital identities, confirming recipient authenticity, and authorizing payments. This multi-functional approach consolidates complex authentication procedures into a unified system that maintains high security while simplifying the user experience
Solution Approach 2:
The system implements feedback mechanisms where the authentication subsystem provides confirmation signals to both parties about the authenticity of their identities and the validity of the operation identifier. This feedback loop ensures security without requiring users to manually verify multiple authentication factors
Data Source
Figure 1
Figure 2
Figure 3A
AI summary
A method and system to enable a remote operation by means of a point-to-point connection is described. The method and system to enable remote operation comprises a first electronic device (8-1), a second electronic device (8-2), an authentication sub- system (10) connected with the first and second electronic devices, a message sharing sub-system (20) to connect the first electronic device (8-1) with the second electronic device (8-2). The method and system to enable remote operation further comprise generating a unique operation identifier by means of the authentication sub-system (10) and sharing it between the first and second electronic device and further comprise verifying the digital identity of the users of the first and second electronic device.