System and method for enhanced token-based payments
AssigneeCapital One Services, LLC
InventorsThomas S. Poole, Janusz Michael Niczyporuk, Paul Young Moreton
Life of this patent
Estimating the term…
Abstract
A system and method for enhanced token-based payments. The system and method including software and hardware to receive, via a network, a request for authorization; create, in response to the request, a dynamic payment packet (DPP) for payment; transmit, via a network, the DPP; receive, via a network, an authorization request, the DPP, and a transaction ID; receive at least one additional data element relating to the customer involved in the transaction and the transaction itself; and transmit, via a network, the transaction ID, an authorization response, and token.
Claims20
A method for software-based contactless payment, comprising:
- receiving, at an issuer system and from a mobile device, a request to authorize a transaction payment to a merchant;
- responsive to the request to authorize the transaction payment, transmitting, by the issuer system to the mobile device via a network, a dynamic payment packet (DPP) comprising a token;
- receiving, at the issuer system and from the merchant, an authorization request including a transaction identification and the DPP;
- transmitting, by the issuer system, the DPP to a third-party system to obtain offer data;
- receiving, at the issuer system, offer data from the third-party system;
- determining, by the issuer system, an authorization response;
- transmitting, by the issuer system to the merchant, a first authorization response, a transaction identifier, and account data associated with the transaction;
- and
- transmitting, by the issuer system to the mobile device, the transaction identifier, and the offer data.
A system, comprising:
- a processor;
- and
- memory storing computer readable instructions that when executed by the processor, causes the processor to perform the method of:
- receiving, at an issuer system and from a mobile device, a request to authorize a transaction payment to a merchant;
- transmitting, by the issuer system to the mobile device via a network and responsive to the request to authorize the transaction, a dynamic payment packet (DPP) comprising a token;
- receiving, at the issuer system and from the merchant, an authorization request including a transaction identification and the DPP and that includes the token;
- transmitting, by the issuer system, the DPP to a third-party system to obtain offer data;
- receiving, at the issue system, offer data from the third-party system;
- determining, by the processor, an authorization response based at least in part on the offer data;
- transmitting, by the issuer system to the merchant, a first authorization response, a transaction identifier, and account data associated with the transaction;
- and
- transmitting, by the issuer system to the mobile device, the transaction identifier, and the offer data.
Dependencies are inferred from the claim text.