Universal Identifier Token Provisioning for Resource Provider Accounts
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Solution Overview
Problem
Resource provider accounts, such as gift card and prepaid accounts, are susceptible to fraudulent use and cannot be provisioned into digital wallets due to security risks and limitations in existing technologies.
Innovation Solution
A system where a resource provider processor system generates a universal identifier for a resource provider account, allowing it to be tokenized and provisioned into a digital wallet, with associated limitations and restrictions, enabling secure transaction processing.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Ease of operation
If resource provider accounts are made provisionable in digital wallets, then user convenience and digital wallet functionality are improved, but security risks and fraud susceptibility increase
Solution Approach 1:
The patent introduces a token as an intermediary that mediates between the digital wallet and the resource provider account. The token contains account information and can be used to access the account without exposing sensitive details, thus enabling digital wallet provisioning while maintaining security through this intermediate layer.
Solution Approach 2:
The patent creates a token that is a copy or representation of the resource provider account credentials. This token can be stored in the digital wallet and used for transactions without requiring the actual account credentials to be exposed, allowing provisioning while protecting the original account from fraud.
2Adaptability or versatility
If resource provider accounts are tokenized for digital wallet integration, then account versatility and usability are improved, but system complexity increases
Solution Approach 1:
The patent creates a universal token format that can represent different types of resource provider accounts (gift cards, prepaid accounts, etc.) within a single digital wallet system. This universal approach enables versatile account provisionability without requiring separate complex systems for each account type.
Data Source
AI summary
Embodiments are directed to issuing tokens for identifiers associated with a resource provider account specific to the resource provider issuing the account. A resource provider processor system interfaces with a resource provider computer to validate account eligibility upon receiving a token request message. If the account is eligible for token generation, the resource provider processor system generates a universal identifier corresponding to the identifier associated with the resource provider account and returns the universal identifier to the token requestor. The token requestor may send a token request message to a token issuer for obtaining a token using the universal identifier. Accordingly, the universal account identifier can be used to provision a token into a digital wallet. Transactions using the token may be processed with the resource provider processor system acting as an account issuer.