Methods and systems for securing a payment

Abstract

A method and system are presented for securing a payment initiated by a payee. The method comprises the operations of: a service provider (i) receiving a request from a payee for a payment transaction to be made, the request comprising a payee identifier, payer identifier and transaction amount; (ii) generating a token associated with the request; and (iii) transmitting the token to the payer. The service provider (i) receiving the token and a payer identifier from the payer, (ii) using the token to retrieve details of the request, and (iii) transmitting the payee identifier and transaction amount to the payer for authorization. Upon authorization, the service provider receiving from the payer, identification of a payer payment vehicle to be used for the payment transaction such that the service provider may complete the payment transaction from the payer payment vehicle to a payee payment vehicle.

Dependencies are inferred from the claim text.