Cardless payment system
AssigneeFirst USA Bank, N.A.
InventorKurt M. Campisano
Life of this patent
Estimating the term…
Abstract
A Credit Card holder's telephone number is assigned to his or her credit card as an alias. The cardholder is then required to choose a PIN for security purposes. The telephone number is linked to the cardholder's credit card number via a database. When the cardmember enters into a transaction with a merchant, the card need not be present. The cardmember simply provides his or her telephone number and then the PIN. This can be done at any point of sale such as a store, catalog telephone order, or over the internet. The telephone number and PIN are entered and authorization is returned from the credit card company.
Claims10
A method for completing a credit card transaction in which a user is not required to know a credit card number and is not required to have a credit card physically present during the credit card transaction, the method comprising the steps of:
- assigning an alias to a pre-existing credit card number, the credit card number also having an associated PIN;
- linking the alias with the credit card number and the PIN in a database;
- providing a credit card owner with the alias;
- receiving the alias and the PIN upon initiation of a transaction without receipt of the credit card number;
- retrieving the credit card number from the database based on the alias;
- authenticating the transaction by retrieving the PIN in the database and comparing the retrieved PIN with the received PIN;
- and
- performing the transaction if authentication is successful.
A method for completing a credit card transaction in which a cardholder is not required to know a credit card number and is not required to have a credit card physically present during the credit card transaction, the method comprising the steps of:
- linking an alias, which includes telephone number of the cardholder with a credit card number and a PIN in a database;
- initiating a transaction when the cardholder attempts to make a purchase and enters the telephone number;
- searching the database for a PIN and a credit card number linked to the telephone number;
- prompting the cardholder for entry of a PIN;
- authenticating the transaction if the PIN entered by the cardholder matches the PIN found through the database search;
- and
- performing the transaction by charging the credit card number found during the database search if the transaction is authenticated.
Dependencies are inferred from the claim text.