Patent EP1077436A2 successfully refreshed from Google Patents.
EP1077436A2
Expired / Lapsed
EP
⏱️ 0.0 years remaining
System and method for performing an on-line transaction using a single-use payment instrument
Assignee: Citicorp Development Center Inc
•
Filing: 2000-08-10
•
Granted: —
•
Expires: 2020-08-10
Abstract
Abstract A system and method for performing an on-line transaction, such as making a payment, with a single-use payment instrument makes use of computer hardware and software, such as the computing device of a customer, the customer's bank's home banking server, the bank's card authorization server, a vendor's website server, and the vendor's credit card acquirer, coupled to one another over a network. The customer is issued a single use payment instrument through the bank, the bank debits an account nominated by the customer for the requested value of the payment instrument and may also specify an expiry for the payment instrument. The customer is able to nominate a particular source of funds for each transaction from among various accounts of the customer. The payment instrument settles and clears through existing credit card payment mechanisms without a need for special accommodation with the Internet vendor.
Inventors
- 👤 Nigel Pinell
Bibliographic Details
Application Number
—
Jurisdiction
EP
Data Source
google_patents
Last Synchronized
2026-11-09 14:56
CPC Classifications
G; G06; G06Q; G06Q20/00; G06Q20/04; G06Q20/08; G06Q20/10; G06Q20/102; G06Q20/108; G06Q20/22; G06Q20/28; G06Q20/30; G06Q20/34; G06Q20/342; G06Q20/36; G06Q20/367; G06Q20/3672; G06Q20/38; G06Q20/382; G06Q20/385; G06Q20/40; G07; G07F; G07F7/00; G07F7/02; G07F7/025
Claims Analysis
Total Claims: 57
Claim 1
Independent Claim
125 words
A method for performing an on-line transaction with a vendor using a
single-use payment instrument, comprising: receiving details for the on-line transaction with the vendor from a
customer; receiving a nomination of a source of funds for the transaction for the
customer; verifying an availability of funds for a payment amount for the
transaction in the nominated source of funds; generating details of a payment instrument for the transaction
corresponding to the transaction details; storing a record of the payment instrument details; providing the customer with the payment instrument details for use in
the transaction with the vendor; receiving a request for authorization of the transaction for the
customer according to the payment instrument details; and authorizing the transaction with the vendor for the customer.
Claim 2
Dependent Claim
21 words
The method of claim 1, wherein receiving the transaction details
further comprises receiving information about a payment amount for the transaction.
Claim 3
Dependent Claim
21 words
The method of claim 1, wherein receiving the transaction details
further comprises receiving the transaction details by a home banking server.
Claim 4
Dependent Claim
31 words
The method of claim 3, wherein receiving the transaction details
further comprises receiving the transaction details by the home banking server from a
computing device of the customer over a network.
Claim 5
Dependent Claim
32 words
The method of claim 4, wherein receiving the transaction details
further comprises receiving the transaction details by the home banking server from
the computing device of the customer over a global network.
Claim 6
Dependent Claim
26 words
The method of claim 1, wherein receiving the nomination further
comprises receiving the nomination of the source of funds from among a plurality of
nomination options.
Claim 7
Dependent Claim
43 words
The method of claim 6, wherein receiving the nomination further
comprises receiving the nomination of the source of funds from among the plurality
of nomination options consisting of at least one of a credit card account, a checking
account, and a savings account.
Claim 8
Dependent Claim
24 words
The method of claim 1, wherein receiving the nomination further
comprises receiving the nomination of the source of funds by a home banking server.
Claim 9
Dependent Claim
34 words
The method of claim 8, wherein receiving the nomination further
comprises receiving the nomination of the source of funds by the home banking
server from a computing device of the customer over a network.
Claim 10
Dependent Claim
35 words
The method of claim 9, wherein receiving the nomination further
comprises receiving the nomination of the source of funds by the home banking
server from the computing device of the customer over a global network.
Claim 11
Dependent Claim
32 words
The method of claim 1, wherein verifying the availability further
comprises verifying the availability of funds for the transaction payment amount in
the nominated source of funds by a home banking server.
Claim 12
Dependent Claim
24 words
The method of claim 1, wherein verifying the availability further
comprises reserving funds sufficient for the payment amount in the nominated source
of funds.
Claim 13
Dependent Claim
30 words
The method of claim 12, wherein reserving the funds further
comprises reserving the funds sufficient for the payment amount in the nominated
source of funds for a predetermined expiry period.
Claim 14
Dependent Claim
35 words
The method of claim 13, wherein reserving the funds further
comprises reserving the funds sufficient for the payment amount in the nominated
source of funds for the predetermined expiry period by a home banking server.
Claim 15
Dependent Claim
22 words
The method of claim 1, wherein generating the details further
comprises generating the details of the payment instrument specific to the
transaction.
Claim 16
Dependent Claim
40 words
The method of claim 15, wherein generating the details specific to the
transaction further comprises generating the details of the payment instrument
consisting of at least the payment amount for the transaction and a unique
identification number for the transaction.
Claim 17
Dependent Claim
28 words
The method of claim 16, wherein generating the details specific to the
transaction further comprises generating details of the payment instrument consisting
of a fabricated card expiration date.
Claim 18
Dependent Claim
27 words
The method of claim 1, wherein generating the details further
comprises generating the details of the payment instrument specific to the transaction
by a home banking server.
Claim 19
Dependent Claim
40 words
The method of claim 1, wherein storing the record further comprises
storing the record of the payment instrument details consisting of at least the
payment amount for the payment instrument and a unique transaction identification
number for the payment instrument.
Claim 20
Dependent Claim
25 words
The method of claim 19, wherein storing the record further comprises
storing the record of the payment instrument details including a fabricated card
expiration date.
Claim 21
Dependent Claim
22 words
The method of claim 20, wherein storing the record further comprises
storing the record of the payment instrument details in a database.
Claim 22
Dependent Claim
37 words
The method of claim 21, wherein storing the record further comprises
storing the record of the payment instrument details in the database of at least one of
a home banking server and a credit card authorization server.
Claim 23
Dependent Claim
45 words
The method of claim 1, wherein providing the customer with the
payment instrument details further comprises providing the customer with the
payment instrument details consisting of at least the payment amount for the
payment instrument and a unique transaction identification number for the payment
instrument.
Claim 24
Dependent Claim
30 words
The method of claim 23, wherein providing the customer with the
payment instrument details further comprises providing the customer with the
payment instrument details including a fabricated card expiration date.
Claim 25
Dependent Claim
29 words
The method of claim 24, wherein providing the customer with the
payment instrument details further comprises providing the customer with the
payment instrument details by a home banking server.
Claim 26
Dependent Claim
37 words
The method of claim 25, wherein providing the customer with the
payment instrument details further comprises providing the customer with the
payment instrument details by the home banking server coupled to a computing
device of the customer.
Claim 27
Dependent Claim
40 words
The method of claim 26, wherein providing the customer with the
payment instrument details further comprises providing the customer with the
payment instrument details by the home banking server coupled to the computing
device of the customer over a network.
Claim 28
Dependent Claim
41 words
The method of claim 27, wherein providing the customer with the
payment instrument details further comprises providing the customer with the
payment instrument details by the home banking server coupled to the computing
device of the customer over a global network.
Claim 29
Dependent Claim
45 words
The method of claim 1, wherein receiving the request for
authorization further comprises receiving the request for authorization according to
the payment instrument details consisting of at least the payment amount for the
payment instrument and a unique transaction identification number for the payment
instrument.
Claim 30
Dependent Claim
32 words
The method of claim 29, wherein receiving the request for
authorization further comprises receiving the request for authorization according to
the payment instrument details including a predetermined expiry for the payment
instrument.
Claim 31
Dependent Claim
24 words
The method of claim 30, wherein receiving the request for
authorization further comprises receiving the request for authorization by a credit
card authorization server.
Claim 32
Dependent Claim
33 words
The method of claim 31, wherein receiving the request for
authorization further comprises receiving the request for authorization by the credit
card authorization server via a credit card acquirer service of the vendor;
Claim 33
Dependent Claim
40 words
The method of claim 32, wherein receiving the request for
authorization further comprises receiving the request for authorization by the credit
card authorization server from a website server of the vendor via the credit card
acquirer service of the vendor.
Claim 34
Dependent Claim
35 words
The method of claim 1, wherein authorizing the transaction further
comprises authorizing the transaction if the request for authorization according to the
payment instrument details corresponds to the stored record of the payment
instrument details.
Claim 35
Dependent Claim
28 words
The method of claim 1, wherein authorizing the transaction further
comprises authorizing the transaction upon receiving the request for authorization
before a predefined expiry of the payment instrument.
Claim 36
Dependent Claim
17 words
The method of claim 1, further comprising debiting the nominated
source of funds for the payment amount.
Claim 37
Dependent Claim
15 words
The method of claim 1, further comprising removing the stored record
of payment instrument details.
Claim 38
Independent Claim
141 words
A system for performing an on-line transaction with a vendor using a
single-use payment instrument, comprising: means for receiving details for the on-line transaction with the vendor
from a customer; means for receiving a nomination of a source of funds for the
transaction for the customer; means for verifying an availability of funds for a payment amount for
the transaction in the nominated source of funds; means for generating details of a payment instrument for the
transaction corresponding to the transaction details; means for storing a record of the payment instrument details; means for providing the customer with the payment instrument details
for use in the transaction with the vendor; means for receiving a request for authorization of the transaction for
the customer according to the payment instrument details; and means for authorizing the transaction with the vendor for the
customer.
Claim 39
Dependent Claim
19 words
The system of claim 38, wherein the means for receiving the
transaction details further comprises a home banking server.
Claim 40
Dependent Claim
30 words
The system of claim 39, wherein the means for receiving the
transaction details further comprises the home banking server coupled to a
computing device of the customer over a network.
Claim 41
Dependent Claim
31 words
The system of claim 40, wherein the means for receiving the
transaction details further comprises the home banking server coupled to the
computing device of the customer over a global network.
Claim 42
Dependent Claim
18 words
The system of claim 38, wherein the means for receiving the
nomination further comprises a home banking server.
Claim 43
Dependent Claim
28 words
The system of claim 42, wherein means for receiving the nomination
further comprises the home banking server coupled to a computing device of the
customer over a network.
Claim 44
Dependent Claim
30 words
The system of claim 43, wherein the means for receiving the
nomination further comprises the home banking server coupled to the computing
device of the customer over a global network.
Claim 45
Dependent Claim
18 words
The system of claim 38, wherein the means for verifying the
availability further comprises a home banking server.
Claim 46
Dependent Claim
18 words
The system of claim 38, wherein the means for generating the details
further comprises a home banking server.
Claim 47
Dependent Claim
16 words
The system of claim 38, wherein the means for storing the record
further comprises a database.
Claim 48
Dependent Claim
31 words
The system of claim 47, wherein the means for storing the record
further comprises the database of at least one of a home banking server and a credit
card authorization server.
Claim 49
Dependent Claim
23 words
The system of claim 38, wherein the means for providing the
customer with the payment instrument details further comprises a home banking
server.
Claim 50
Dependent Claim
31 words
The system of claim 49, wherein the means for providing the
customer with the payment instrument details further comprises the home banking
server coupled to a computing device of the customer.
Claim 51
Dependent Claim
34 words
The system of claim 50, wherein the means for providing the
customer with the payment instrument details further comprises the home banking
server coupled to the computing device of the customer over a network.
Claim 52
Dependent Claim
35 words
The system of claim 51, wherein the means for providing the
customer with the payment instrument details further comprises the home banking
server coupled to the computing device of the customer over a global network.
Claim 53
Dependent Claim
21 words
The system of claim 38, wherein the means for receiving the request
for authorization further comprises a credit card authorization server.
Claim 54
Dependent Claim
31 words
The system of claim 53, wherein the means for receiving the request
for authorization further comprises the credit card authorization server coupled to a
credit card acquirer service of the vendor.
Claim 55
Dependent Claim
32 words
The system of claim 54, wherein the means for receiving the request
for authorization further comprises a website server of the vendor coupled to the
credit card acquirer service of the vendor.
Claim 56
Independent Claim
164 words
A method for performing an on-line transaction with a vendor using a
single-use payment instrument, comprising: receiving details for the on-line transaction with the vendor from a
customer; receiving a nomination of a source of funds for the transaction for the
customer; verifying an availability of funds for a payment amount for the
transaction in the nominated source of funds; generating details of a payment instrument for the transaction specific
to the transaction corresponding to the transaction details and consisting of at least
the payment amount for the transaction and a unique identification number for the
transaction embedded with a bank identification number for routing the request for
authorization to an authorization server; storing a record of the payment instrument details; providing the customer with the payment instrument details for use in
the transaction with the vendor; receiving a request for authorization of the transaction for the
customer according to the payment instrument details; and authorizing the transaction with the vendor for the customer.
Claim 57
Independent Claim
168 words
A method for performing an on-line transaction with a vendor using a
single-use payment instrument, comprising: receiving details for the on-line transaction with the vendor from a
customer; receiving a nomination of a source of funds for the transaction for the
customer; verifying an availability of funds for a payment amount for the
transaction in the nominated source of funds; generating details of a payment instrument for the transaction specific
to the transaction corresponding to the transaction details and consisting of at least
the payment amount for the transaction and a unique identification number for the
transaction selected from a characteristic range of numbers identifiable by a web site
server of the vendor as an authenticating number; storing a record of the payment instrument details; providing the customer with the payment instrument details for use in
the transaction with the vendor; receiving a request for authorization of the transaction for the
customer according to the payment instrument details; and authorizing the transaction with the vendor for the customer.
References Cited (Backward Citations)
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