Secure Remote Commerce System for Tokenized Payment Processing
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Solution Overview
Problem
The integration between consumers, merchants, and payment networks in online transactions is fragmented and insecure, requiring merchants to handle sensitive payment data, leading to potential exposure and complex compliance processes.
Innovation Solution
A secure remote commerce system that detects the initiation of a checkout process, identifies a secure system for transaction facilitation, and uses a consumer profile to complete transactions without exposing sensitive information to merchants, employing bearer tokens for verification and standardizing interactions across diverse merchants.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Ease of operation
If merchants handle sensitive payment data directly, then transaction processing is simplified, but security is compromised and PCI-DSS compliance complexity increases
Solution Approach 1:
The patent introduces a payment card network as an intermediary between the consumer and merchant. The network receives authorization requests containing tokenized payment information, processes the transaction, and returns authorization results. This intermediary approach allows merchants to avoid handling sensitive payment data while maintaining simplified transaction processing through standardized API integrations.
Solution Approach 2:
The patent extracts sensitive payment data from the merchant's system and stores it securely in the payment card network's environment. Merchants only receive and process tokenized representations of payment information, which cannot be used outside the authorized transaction context. This extraction eliminates the security burden on merchants while preserving transaction processing capabilities.
2Adaptability or versatility
If merchants integrate with multiple payment gateways, then payment options are expanded, but integration complexity and maintenance burden increase
Solution Approach 1:
The patent implements a universal integration approach where merchants connect to a single payment card network interface that supports multiple payment methods and gateways. The network handles the complexity of communicating with different payment processors, while merchants interact with a standardized API. This allows merchants to offer diverse payment options without multiplying their integration complexity.
3Productivity
If sensitive cardholder information is provided to merchants, then transaction completion is enabled, but unauthorized exposure risk increases
Solution Approach 1:
The patent extracts sensitive payment information from the transaction flow and retains it within the payment card network's secure environment. Merchants receive tokenized payment data that is sufficient for transaction completion but cannot be misused for unauthorized transactions. This extraction enables productivity while eliminating the harmful exposure risk.
Solution Approach 2:
The patent uses tokenized payment representations that are single-use or time-limited in validity. These tokens enable transaction completion but become invalid after use or expiration, preventing unauthorized exposure even if intercepted. The tokens serve their purpose efficiently and then are discarded, eliminating long-term security risks.
Data Source
AI summary
Some embodiments may provide systems, methods and computer program code to facilitate a secure remote transaction and may include detecting an event identifying initiation of a checkout process involving a transaction between a consumer and a merchant, identifying a secure remote commerce system to use in facilitating the transaction, the secure remote commerce system storing a consumer profile including information identifying at least a first payment card of the consumer. In some embodiments, a checkout user interface displayed to the consumer is modified based on information from the consumer profile to display information associated with the at least one payment card. A checkout request from the consumer and a payload is obtained from the secure remote commerce system including information identifying the at least first payment card, the merchant and transaction details. The payload is used to complete a transaction authorization request with a payment network.