US 2019/0295068 A1 · Systems and Methods for Offline Stored Value Payment Management, Offline Mutual Authentication for Payment, and Auditing Offline Transactions

Abstract

Systems and methods for managing offline stored value for payment with online account reconciliation and auditing, for offline mutual authentication for payment, and for auditing offline transactions using multiple internet-capable mobile devices are provided. The system comprises a plurality of internet-accessible servers and databases, a plurality of user devices with user accounts and instructions for the inventive methods, and a plurality of vending terminals configured to carry out inventive methods and authorize transactions in an offline environment. The present invention solves problems with the currently available state of vending goods or services to a plurality of users in an environment where communications with payment processors is not available or where such communication is subject to excessive risk of hacking and theft of goods, services, or payment card information of users, or where cash or other stored-value payment systems are cumbersome, subject to security risks, or both.

Claims30

Dependent claims

A system for offline mutual authentication for payment, the system comprising:

a user device, used by a user having a user account, and having a local database;
a vending terminal configured on a machine;
a first package A of data, and a second package B of data;
wherein the package A comprises epoch starting value A, which epoch starting value A is encrypted, and encryption key B;
and the package B comprises epoch starting value B, which epoch starting value B is encrypted, and encryption key A;
and wherein epoch starting value A and epoch starting value B contain the same value of epoch starting value;
and wherein each of ESVA and ESVB are encrypted with different encryption algorithms, and encryption key A can decrypt ESVA in package A, and encryption key B can decrypt ESVB in package B, and wherein each package encryption algorithm set, for encrypting each of package A and package B, is unique to the account for each user;
and wherein the first package A of data, and the second package B of data are stored on the user device;
and wherein the user device is configured to open package A and package B, and to decrypt package A with encryption Key A, and to decrypt package B with encryption key B, and to compare ESVA and ESVB;
and a user database server, configured to store transaction logs in a user database.

7 more elements

A method for offline mutual authentication for payment, the method comprising:

a user device, used by a user having a user account, and having a local database;
in communication with a plurality of vending terminals configured on at least one machine;
wherein a first package A of data, and a second package B of data;
wherein the package A comprises epoch starting value A, which epoch starting value A is encrypted, and encryption key B;
and the package B comprises epoch starting value B, which epoch starting value B is encrypted, and encryption key A;
and wherein epoch starting value A and epoch starting value B contain the same value of epoch starting value;
and wherein each of ESVA and ESVB are encrypted with different encryption algorithms, and encryption key A can decrypt ESVA in package A, and encryption key B can decrypt ESVB in package B, and wherein each package encryption algorithm set, for encrypting each of package A and package B, is unique to the account for each user;
and wherein the first package A of data, and the second package B of data are stored on the user device;
and
wherein the user device opens package A and package B, and
the user device decrypts package A with encryption Key A, and
the user device decrypts package B with encryption key B, and
the user device compares ESVA and ESVB.

10 more elements

Dependencies are inferred from the claim text.

Systems and Methods for Offline Stored Value Payment Management, Offline Mutual Authentication for Payment, and Auditing Offline Transactions

Life of this patent

Systems and Methods for Offline Stored Value Payment Management, Offline Mutual Authentication for Payment, and Auditing Offline Transactions

Life of this patent

Abstract

Claims30