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US 2014/0279499 A1Published application
Single use qr code authorization system
OwnerLarry J. Kaneinventor
Life of this patent
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Abstract
An electronic secured payment system where a single use QR CODE is assigned to a consumer account, displayed on a consumer's electronic device, and scanned by a merchant's device to permit a merchant to access and verify the consumer's account and enter transaction information.
Claims7
A system for making a secured electronic transaction comprising:
- a processor and database connected to an electronic network;
- wherein one QR CODE, consisting of both static and one time information, are associated with a transaction authorization, wherein such QR Code can be used for only one authorization.
A method for making a secured electronic payment comprising the steps of:
- accessing a website via an electronic device through an electronic network;
- displaying a consumer account on the electronic device;
- entering a PIN number into the electronic device;
- displaying a one-time QR CODE and random qualifier on the electronic device associated with the consumer account;
- scanning the QR CODE and random qualifier into a merchant's electronic device and transmitting the scanned information to the website via the electronic network;
- and
- inputting transaction information into the merchant's electronic device.
4 more elements
Dependencies are inferred from the claim text.