Token based transactions

Patent metadata

Field	Value
Publication number	US-11042851-B2
Application number	US-201515537776-A
Country	US
Kind code	B2
Filing date	Dec 21, 2015
Priority date	Dec 19, 2014
Publication date	Jun 22, 2021
Grant date	Jun 22, 2021

Abstract

In an example embodiment, there is described in here a method for pre-staging transactions that permit a banking customer to either transfer money to a third party or to themselves. In particular embodiments, a token is generated that can be used multiple times by the recipient.

First claim

What is claimed is:

1. A method, comprising:
generating, by a first server, a user-identification token;
forwarding, by the first server, the user-identification token and user-identification data subset to a third server;
receiving, by the first server, from a computing device, associated with a user initiating a transaction, data representative of a financial transaction, the data representative of a financial transaction comprises data representative of the user initiating the financial transaction, data representative of an amount of the transaction, and data representative of a recipient of the financial transaction, the data representative of the recipient including contact data for a user device associated with the recipient;
forwarding, by the first server, a portion of the data representative of the financial transaction to the third server, where the portion of the data representative of the financial transaction comprises data representative of the user initiating the transaction to the third server;
generating, by the first server, a financial transaction token associated with the portion of the data representative of the financial transaction;
sending, by the first server, a copy of the financial transaction token to the user device associated with the recipient;
receiving, by the first server, from an automated banking machine, data representative of the financial transaction token that was sent to the user device associated with the recipient;
requesting, by the first server, mobile wallet data from a second server;
receiving, by the first server, the mobile wallet data from the second server;
sending, by the first server, the mobile wallet data the portion of the data representative of the financial transaction, and the user-identification token to the automated banking machine;
sending, by the automated banking machine, an automated teller machine transmission message and the user-identification token to an automated teller machine driver, the automated teller machine transmission message comprises the mobile wallet data, the portion of the data representative of the financial transaction, and the user-identification token;
forwarding the automated teller machine transmission message and the user-identification token by the automated teller machine driver to the electronic funds transfer network;
sending, by the electronic funds transfer network, the user-identification token to the third server;
sending, by the third server, a user-identification data to the electronic funds transfer network;
sending, by the electronic funds network, to a fourth server, the fourth server associated with a financial institution, the user-identification data and portions of the automated teller machine transmission message;
sending, by the fourth server, a transaction acceptance message to the automated banking machine; and
dispensing the amount of currency by the automated banking machine.

2. The method according to claim 1 , wherein the user identification data comprises a personal identification number (PIN) associated with the user initiating the transaction.

3. The method according to claim 1 , wherein the amount of the transaction is a fixed amount.

4. The method according to claim 1 , wherein the financial transaction token is a reusable token for a plurality of withdrawals of variable amounts.

5. The method according to claim 1 , wherein the financial transaction token is a reusable token for withdrawals of a fixed amount for a plurality of time periods.

6. The method according to claim 1 , wherein the financial transaction token is associated with a fixed number of transactions.

7. The method according to claim 1 , wherein the financial transaction token is an alphanumeric character string.

8. The method according to claim 1 , wherein the contact data for the user device associated with the recipient is a phone number.

Assignees

• Diebold Nixdorf Inc

Inventors

• Kuchenski David William
• Hartung Douglas Kurt

Classifications

• G07F19/206

  Software aspects at ATMs · CPC title

• G06Q20/3821

  Electronic credentials · CPC title

• G07F19/203

  Dispensing operations within ATMs (dispensing in general G07D11/00) · CPC title

• G06Q20/1085 Primary

  involving automatic teller machines [ATMs] · CPC title

• G06Q20/32

  using wireless devices · CPC title