PAYMENT DEVICE TOKENIZATION USING A PAYMENT READER
A payment device such as electronic transaction card or an near field communication device can use a temporary token for payment transactions. When processing a payment transaction, a payment reader can obtain the temporary token from the payment device and provide the temporary token to a server of...
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creator | Rezayee, Afshin Cat, Murat |
description | A payment device such as electronic transaction card or an near field communication device can use a temporary token for payment transactions. When processing a payment transaction, a payment reader can obtain the temporary token from the payment device and provide the temporary token to a server of the issuer of the payment device. The payment reader can receive a new temporary token and an issuer script from the server and provide the new temporary token and the issuer script to the payment device. When the payment device receives the issuer script, the payment device can execute the issuer script, while the payment device is interfaced with the payment reader, to store the new temporary token on the payment device. |
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When processing a payment transaction, a payment reader can obtain the temporary token from the payment device and provide the temporary token to a server of the issuer of the payment device. The payment reader can receive a new temporary token and an issuer script from the server and provide the new temporary token and the issuer script to the payment device. 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When processing a payment transaction, a payment reader can obtain the temporary token from the payment device and provide the temporary token to a server of the issuer of the payment device. The payment reader can receive a new temporary token and an issuer script from the server and provide the new temporary token and the issuer script to the payment device. When the payment device receives the issuer script, the payment device can execute the issuer script, while the payment device is interfaced with the payment reader, to store the new temporary token on the payment device.</abstract><oa>free_for_read</oa></addata></record> |
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subjects | CALCULATING COMPUTING COUNTING DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES HANDLING RECORD CARRIERS PHYSICS PRESENTATION OF DATA RECOGNITION OF DATA RECORD CARRIERS SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR |
title | PAYMENT DEVICE TOKENIZATION USING A PAYMENT READER |
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