Embedded Secure Checkout Element for Tokenized Remote Transactions
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Solution Overview
Problem
Conventional remote transaction systems compromise user anonymity and security, as they often require users to provide personal details to merchants, exposing them to fraud risks and inefficient transaction processes.
Innovation Solution
A secure remote transaction (SRT) system embeds a checkout element on a resource provider's website, allowing user identity information to be transmitted to a remote server, which generates a token for completing transactions without exposing sensitive data to the merchant, ensuring anonymity and security.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If users provide personal details to complete a transaction, then the transaction can be authenticated and completed, but user anonymity is compromised and fraud risk increases
Solution Approach 1:
The patent introduces a remote server as an intermediary between the user and the resource provider. The user's personal information is transmitted to the remote server, which then communicates with the resource provider without exposing the user's sensitive data. This intermediary architecture allows transaction authentication to proceed while maintaining user anonymity and reducing fraud risk.
Solution Approach 2:
The patent extracts the user's personal information from the direct transaction flow between user and resource provider. By separating the authentication data from the transaction completion process and handling it through a remote server, the system maintains transaction reliability while protecting user privacy and reducing exposure to fraud.
2Object-affected harmful factors
If users are redirected to another entity to complete transactions, then personal information security is improved, but transaction efficiency decreases
Solution Approach 1:
The patent merges the remote server functionality directly into the checkout element on the resource provider's website. This integration allows the security benefits of intermediary processing to be maintained while eliminating the need for user redirection, thereby preserving transaction efficiency and user convenience.
Solution Approach 2:
The remote server acts as an intermediary that operates seamlessly within the existing transaction flow. By embedding the intermediary function in the checkout element rather than requiring external redirection, the system maintains both information security and transaction efficiency.
3Ease of operation
If access credentials are transmitted to merchants, then transactions can be completed, but the credentials become vulnerable to misuse and unauthorized transactions
Solution Approach 1:
The remote server serves as an intermediary that handles credential transmission securely. Instead of users directly providing credentials to merchants, the remote server mediates the authentication process, reducing the risk of credential exposure and misuse while maintaining ease of transaction completion.
Solution Approach 2:
The patent extracts the credentials from the direct user-merchant transmission path and routes them through a secure remote server channel. This separation reduces the vulnerability of credentials to misuse by merchants while preserving the ability to complete transactions efficiently.
Data Source
AI summary
Embodiments of the invention are directed to systems and methods of providing secure remote transaction (SRT) transactions. In some embodiments, a resource provider is able to embed a checkout element into a webpage that it hosts. The checkout element enables interaction between a user that has accessed the webpage and an initiator application server located remotely in order to complete a transaction while preventing the resource provider from gaining access to sensitive information. In some embodiments, the user's information may be determined by an initiator server and populated into the checkout element.