Invention Grant
- Patent Title: Method and system for performing a transaction using a dynamic authorization code
- Patent Title (中): 使用动态授权码执行事务的方法和系统
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Application No.: US11746765Application Date: 2007-05-10
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Publication No.: US08527427B2Publication Date: 2013-09-03
- Inventor: John Wankmueller
- Applicant: John Wankmueller
- Applicant Address: US NY Purchase
- Assignee: MasterCard International Incorporated
- Current Assignee: MasterCard International Incorporated
- Current Assignee Address: US NY Purchase
- Agency: Baker Botts L.L.P.
- Main IPC: G06Q20/00
- IPC: G06Q20/00

Abstract:
A method and apparatus for conducting a transaction involving transmission of a dynamic authentication code in place of a static PIN block using currently existing messaging standards or PIN acceptance devices. Minimal changes to existing processes an equipment are made while greatly improving security and fraud minimization.
Public/Granted literature
- US20070260544A1 Method and system for performing a transaction using a dynamic authorization code Public/Granted day:2007-11-08
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