US 2015/0371234 A1 · METHODS, DEVICES, AND SYSTEMS FOR SECURE PROVISIONING, TRANSMISSION, AND AUTHENTICATION OF PAYMENT DATA

Abstract

Devices, systems, and methods for securely converting a user's existing static payment card data into dynamic card data that can be authenticated by card issuers or by a stand-in service provider, such as a payment network or processor without requiring the card issuers to make infrastructure changes. The dynamic data can be provisioned onto a magnetic secure transmission device (MST) either directly from a card issuer or using a swiper type device. Devices, systems, and methods are also disclosed for securely provisioning a dynamic card onto the MST by the card issuer. These dynamic cards may be used to transmit modified one-time-use card track data from the MST to a point of sale using a dynamic-CVV methodology to provide higher levels of security during a transaction.

Claims21

Dependent claims

A method for creating dynamic card data, comprising:

receiving, by a device, card track data;
encrypting, by the device, the card track data using a first key;
sending, by the device, the encrypted card track data to a server;
receiving, by the device, a working key;
generating, by the device, modified card track data including a time-dependent CVV using the working key;
and
sending, by the device, the modified card track data to a point of sale terminal or causing the modified card track data to be displayed to a user for use in an e-commerce transaction.

4 more elements

Dependencies are inferred from the claim text.

Facts

Application

14/511,994Filed 10 Oct 2014

Priority

21 Feb 2014

Published

24 Dec 2015

Term ends

Not estimatedThe source records don’t support an estimate.

Classification12 codes

G06Q 20/40975
Using mutual authentication between devices and transaction partners: using encryption therefor
G06Q 20/20
Payment architectures: point-of-sale [POS] network systems
G06Q 20/327
Using wireless devices: short range or proximity payments by means of M-devices
G06Q 20/34
Characterised by the use of specific devices or networks: using cards, e.g. integrated circuit [IC] cards or magnetic cards

Methods, devices, and systems for secure provisioning, transmission, and authentication of payment data

Life of this patent

Methods, devices, and systems for secure provisioning, transmission, and authentication of payment data

Life of this patent

Abstract

Claims21