Systems and methods for issuer-specified domain controls on a payment instrument

Patent metadata

Field	Value
Publication number	US-11501306-B2
Application number	US-201916275581-A
Country	US
Kind code	B2
Filing date	Feb 14, 2019
Priority date	Feb 14, 2018
Publication date	Nov 15, 2022
Grant date	Nov 15, 2022

Abstract

Systems and methods for issuer-specified domain control on a payment instrument are disclosed. In one embodiment, in an information processing apparatus comprising at least one computer processor, a method for issuer-specified domain controls on a payment instrument may include: (1) receiving, from an issuer of a financial instrument, an identification of a domain control or restriction on a payment token for the financial instrument, the domain control or restriction to be applied by the issuer; (2) requesting generation of the payment token with a pass-through indicator from a token service provider; (3) receiving, from the token service provider, the payment token; and (4) storing an association of the domain control or restriction and the payment token.

First claim

What is claimed is:

1. A method for generating a payment token having issuer-specified domain controls, comprising:
specifying, by an issuer of a financial instrument, an issuer-applied domain-specific control or an issuer-applied domain-specific restriction on a device-specific payment token for the financial instrument that is provisioned to an electronic wallet on an electronic device, wherein the device specific payment token is restricted to transactions from only the electronic device;
requesting, by the issuer of a financial instrument and from a third-party token service provider, generation of the device-specific payment token comprising a pass-through indicator, wherein a payment network is configured to receive a transaction request comprising the device-specific payment token and is configured to pass the transaction request through without applying the issuer-applied domain-specific control or restriction in response to the pass-through indicator;
receiving, from the third-party token service provider, the device-specific payment token comprising the pass-through indicator; and
storing an association of the issuer-applied domain-specific control or restriction and the device-specific payment token;
wherein, in response to receiving the transaction request with the device-specific payment token from the payment network, the issuer retrieves the issuer-applied domain-specific control or restriction associated with the device-specific payment token and applies the issuer-applied domain-specific control or restriction to the transaction request.

2. The method of claim 1 , wherein the pass-through indicator is a bank identification number.

3. The method of claim 1 , wherein the pass-through indicator is a cryptogram parameter for the payment token.

4. The method of claim 1 , wherein the third-party token service provider is not associated with a payment network.

5. The method of claim 1 , wherein the issuer-applied domain-specific control or the issuer-applied domain-specific restriction is dynamic.

6. The method of claim 1 , wherein the issuer-applied domain-specific control or the issuer-applied domain-specific controls use of the payment token with a certain merchant, with a certain device, in a certain environment, at a certain time, in a certain geography, or at a certain authentication level.

Assignees

• Jpmorgan Chase Bank Na

Inventors

• Mullaney Craig M
• Spector Howard
• Ouellette Scott H
• Dao Tuan
• Seeney David G

Classifications

• G06Q20/4016 Primary

  involving fraud or risk level assessment in transaction processing · CPC title

• G06Q20/3224

  Transactions dependent on location of M-devices · CPC title

• G06Q20/385

  using an alias or single-use codes · CPC title

• G06Q20/405 Primary

  Establishing or using transaction specific rules · CPC title

• G06Q20/367

  involving electronic purses or money safes · CPC title