Invention Grant
- Patent Title: Method and system for authorizing a transaction using a dynamic authorization code
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Application No.: US11675723Application Date: 2007-02-16
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Publication No.: US09911121B2Publication Date: 2018-03-06
- 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: G06Q20/38
- IPC: G06Q20/38 ; G06Q20/32 ; G06Q20/36 ; G06Q20/40
Abstract:
A method and apparatus for conducting a secure transaction involving generation of a dynamic authentication code on a mobile device, based on secret data which does not identify an account. The authentication code and financial account identifying information are transmitted to a validating entity, which shares information about the secret data, to authorize the transaction.
Public/Granted literature
- US20080040285A1 Method And System For Authorizing A Transaction Using A Dynamic Authorization Code Public/Granted day:2008-02-14
Information query
