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Network business operated by intelligent card allowed to te used through consumers' equipment

A consumer, smart card technology, applied in the field of computer systems, can solve problems such as not directly applicable to smart cards, not making good use of network global connectivity, moving to other places, etc.

Inactive Publication Date: 2005-03-16
INT BUSINESS MASCH CORP
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

Because the terminal used by the consumer is under the control of the consumer, the performance of these security functions must be moved elsewhere, so the existing EMV standard is not directly applicable to online shopping using smart cards (there is no POS terminal here)
In addition, the existing EMV standard does not make good use of the global connectivity of the network when performing transaction authorization

Method used

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  • Network business operated by intelligent card allowed to te used through consumers' equipment
  • Network business operated by intelligent card allowed to te used through consumers' equipment
  • Network business operated by intelligent card allowed to te used through consumers' equipment

Examples

Experimental program
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Effect test

Embodiment Construction

[0061] The present invention enables consumers to make purchases (and conduct other types of online financial transactions) over a network using smart cards that are processed by a smart card reader connected to a consumer computing device such as a PC. (Note that in describing the present invention in connection with the use of a PC, it is intended for illustration, not limitation. Other consumer-use terminals, provided they have a smart card reader, processor, memory, keyboard, and display, are Can be used instead. These capabilities can be found on many consumer terminals, any of which can support the functionality of the present invention. Examples include set-top boxes for cable or micro-television reception, videophones, cellular phones, and personal digital Assistant or "PDA".) This is achieved by integrating the smart card EMV protocol with the 4-party protocol defined in the related invention. By augmenting the information transmitted in the 4-party protocol, the pres...

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PUM

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Abstract

A method, system, and computer readable code for enabling use of smart cards by consumer devices for Internet commerce. This is achieved by integrating an existing 'Integrated Circuit Card Specification for Application Payment Systems' standard (commonly known as the 'EMV' standard) with an augmented version of the Four-Party Credit / Debit Payment Protocol which was disclosed in U.S. Pat. No. 6,327,578. The result of the integration allows a consumer to use a smart card from a personal computer system for credit or debit transactions, while preserving the level of security and other features required by the credit card associations and banks. No modifications are required to the existing EMV standard or existing EMV smart cards.

Description

technical field [0001] The present invention relates to a computer system, and more particularly to a method, system and computer program product for allowing network commerce using smart cards through terminals used by consumers. This is accomplished by integrating the existing EMV standard with an augmented 4-party network credit / debit card protocol. Background technique [0002] Using a credit or debit card to conduct "online shopping" over the Internet and the World Wide Web (of which the World Wide Web, hereinafter referred to as "the Web", which is a subset of the Internet), today consumers are able to buy from street corner retailers, It can also be purchased from retailers worldwide and anywhere in between, depending on the comfort of the consumer's own home. (Hereinafter, the terms "Internet" and "network" are used interchangeably unless otherwise noted.) The consumer arrives at the retailer's website, typically browsing one or more web pages to select a good or se...

Claims

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Application Information

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Patent Type & Authority Patents(China)
IPC IPC(8): G06Q20/12G06Q20/38G06Q20/40G06Q30/06G07F19/00H04L9/00H04L12/28
CPCG06Q30/0601G06Q20/40G06Q20/382G06Q20/12
Inventor M·H·里内汉
Owner INT BUSINESS MASCH CORP
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