Method of performing a financial transaction via unsecured public telecommunication infrastructure and an apparatus for same

A method of performing a financial transaction via unsecured public telecommunication infrastructure comprising collecting data relating to a specified financial transaction type; building a transaction token including collected data and/or data derived from the collected data; encrypting the transa...

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Bibliographische Detailangaben
Hauptverfasser: IBASCO, ALEX D, YU, WILLIAM EMMANUEL S, POSADAS, PATRICK B, CO, VINCENT C
Format: Patent
Sprache:eng
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Beschreibung
Zusammenfassung:A method of performing a financial transaction via unsecured public telecommunication infrastructure comprising collecting data relating to a specified financial transaction type; building a transaction token including collected data and/or data derived from the collected data; encrypting the transaction token; creating a financial transaction protocol message incorporating the encrypted transaction token as dependent on a selected transport channel through which the message is to be conveyed; and conveying the financial transaction protocol message using the selected transport channel and by way of the unsecured public telecommunication infrastructure to a destination where the financial transaction protocol message will be further processed is disclosed.