Contemporaneous payment technology
AssigneeBank of America Corporation
InventorSaurabh Gupta
Life of this patent
Estimating the term…
Abstract
Typically, online payments require entering sensitive transaction information into a third-party web browser or application. This may expose sensitive transaction information to an increased risk of inadvertent disclosure. Apparatus and methods are provided for a smart card which enables users to securely complete online payments without entering any sensitive transaction information into a third-party system. The smart card may include a touch-sensitive screen configured to display selectable payment options. The smart card may include a microprocessor and wireless interface. The wireless interface may provide wireless communication capabilities and the ability to initiate online payments based on information captured by the touch-sensitive screen.
Claims15
A smart card that enables direct online payments and improves security of sensitive transaction information, the smart card comprising:
- a housing;
- a wireless communication interface embedded in the housing;
- a microprocessor embedded in the housing;
- a battery for powering the communication interface and the microprocessor;
- a touch-sensitive screen that captures finger motions;
- and
- executable instructions stored in a non-transitory memory, that when run by the microprocessor:
- display a first selectable payment option associated with a payment due a first merchant and a second selectable payment option associated with a payment due a second merchant using the touch-sensitive screen;
- capture a touch-based selection of the first payment option and the second payment option using the touch-sensitive screen;
- based on the captured selection, formulate a first set of payment instructions for the first payment option and a second set of payment instructions for the second payment option;
- using the wireless interface, establish a first direct communication channel with a first secure payment gateway identified in the first payment instructions and a second direct communication channel with a second secure payment gateway identified in the second payment instructions;
- using a payment interface, resolve the first payment instructions to a first network address associated with a first secure payment gateway and the second payment instructions to a second network address associated with a second secure payment gateway;
- and
- transmit the first payment instructions directly to the first secure payment gateway and the second payment instructions directly to the second secure payment gateway for processing.
A method of enabling direct online payments while securing sensitive transaction information stored on a smart card, the method comprising:
- using a touch-sensitive screen of the smart card, capturing a selection of a first payment option for a payment due a first merchant and a selection of a second payment option for a payment due a second merchant;
- generating first payment instructions that integrate the sensitive transaction information stored on the smart card and payment information associated with the captured selection of the first payment option;
- generating second payment instructions that integrate the sensitive transaction information stored on the smart card and payment information associated with the captured selection of the second payment option;
- using a payment interface of the smart card, resolving the first payment instructions to a first network address associated with a first payment gateway and the second payment instructions to a second network address associated with a second secure payment gateway;
- using a wireless interface of the smart card, establishing a first secure communication channel with the first secure payment gateway and a second secure communication channel with the second secure payment gateway;
- and
- transmitting the first payment instructions to the first secure payment gateway using the first secure communication channel and the second payment instructions to the second secure payment gateway using the second secure communication channel, wherein each secure payment gateway provides a secure interface for insulating the sensitive transaction information stored on the smart card.
A system for enabling direct online payments while securing transmission of sensitive transaction information, the system comprising a smart card having a thickness not greater than 0.8 millimeters (“mm”) and a surface area not greater than 86 mm×54 mm and comprising:
- a wireless communication interface;
- a microprocessor;
- a user input system in electronic communication with the microprocessor, the user input system comprising:
- a touch-sensitive screen;
- and
- an input controller that captures data entered using the touch-sensitive screen;
- and
- executable instructions stored in a non-transitory memory, that when run by the microprocessor:
- formulate first encrypted payment instructions based on selection of a first payment option captured by the touch-sensitive screen and second payment instructions based on selection of a second payment option captured by the touch sensitive screen;
- establish a first secure communication link with a first payment gateway and a second secure communication link with a second payment gateway using the wireless interface;
- resolve the first encrypted payment instructions to a first network address associated with the first payment gateway and the second encrypted payment instructions to a second network address associated with the second payment gateway;
- authenticate the smart card over a first secure communication channel to the first payment gateway and over a second secure communication channel to the second payment gateway;
- and
- transmit the first encrypted payment instructions to the first payment gateway and the second encrypted payment instructions to the second payment gateway.
Dependencies are inferred from the claim text.