Spatial Computing Payment Mediation Against POS Skimming
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Solution Overview
Problem
Existing point-of-sale devices are susceptible to unauthorized data capture, compromising user and payment information during transactions due to potential skimming devices.
Innovation Solution
A spatial computing device interacts with a payment card to generate a digital payment device, processing transactions through a communication session with the point-of-sale system, eliminating direct contact and reducing unauthorized data capture.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If direct interaction between payment card and point-of-sale device is used, then transaction processing is simple and fast, but security is compromised due to potential data capture by skimming devices
Solution Approach 1:
The patent introduces a spatial computing device as an intermediary between the payment card and the point-of-sale system. The payment card interacts with the spatial computing device (which the user possesses and controls), and the spatial computing device then communicates with the point-of-sale system. This intermediary architecture prevents direct exposure of the payment card to potentially compromised point-of-sale devices, thereby improving security while maintaining transaction functionality.
2Productivity
If payment card data is transmitted to point-of-sale device, then transaction can be processed, but user data may be captured by unauthorized actors
Solution Approach 1:
The patent extracts the payment card interaction from the point-of-sale device environment. Instead of the payment card being read directly by the point-of-sale device (which may contain skimming capabilities), the interaction is taken out and performed with the spatial computing device. The spatial computing device then handles communication with the point-of-sale system, effectively separating the sensitive payment card interaction from the potentially compromised point-of-sale environment.
3Reliability
If spatial computing device is introduced to secure transactions, then data security is improved, but device complexity and user interaction steps increase
Solution Approach 1:
The spatial computing device serves multiple functions: it acts as a secure payment card reader, a communication interface with the point-of-sale system, and a trusted processing environment. By consolidating these functions into a single device that the user already possesses (such as a smartphone or wearable), the system achieves enhanced security without requiring users to carry additional dedicated payment security devices, thereby maintaining ease of operation.
Data Source
AI summary
Arrangements for securely processing events via a point-of-sale system are provided. A computing platform may receive, from a spatial computing device within a predefined proximity of a point-of-sale device, an indication of detection of the point-of-sale device and a communication session between the spatial computing device and point-of-sale device may be initiated. Transaction details may be rendered on a display of the spatial computing device. The user may tap a payment card device to the spatial computing device and, in response, a digital payment device based on payment details extracted from the payment card device may be generated. The generated digital payment device may then be transmitted to the point-of-sale system which may cause the point-of-sale system to process the transaction via a payment processing entity.