Systems and methods for supporting legacy and tokenized e-commerce

Patent metadata

Field	Value
Publication number	US-11587068-B2
Application number	US-202117493829-A
Country	US
Kind code	B2
Filing date	Oct 4, 2021
Priority date	Mar 16, 2017
Publication date	Feb 21, 2023
Grant date	Feb 21, 2023

Abstract

System and methods for supporting legacy and tokenized transactions are disclosed. According to one embodiment, in an information processing device comprising at least one computer processor, a method for selecting an electronic payment credential to communicate to a merchant, may include (1) an electronic wallet backend receiving a plurality of payment credentials associated with a payment account; (2) the electronic wallet backend receiving a credential capability for a merchant; (3) the electronic wallet backend selecting one of the payment credentials for a transaction with the merchant based on the credential capability; and (4) the electronic wallet backend communicating the selected payment credential to a point of transaction device for the merchant.

First claim

What is claimed is:

1. A method for selecting an electronic payment credential to communicate to a merchant, comprising:
receiving, by an aggregating wallet backend comprising a computer processor and from an aggregating wallet application or an aggregating wallet website on a browser executed by a mobile electronic device, an indication that a transaction at point of transaction device for a merchant is to be conducted using a mobile payment application also executed on the mobile electronic device;
initiating, by the aggregating wallet backend, payment for the transaction with the mobile payment application;
receiving, at the aggregating wallet backend, a payment account for the transaction from the mobile payment application;
receiving, at the aggregating wallet backend, a plurality of electronic payment credentials for the payment account comprising a token, a cryptogram, and a merchant-specific account number;
receiving, at the aggregating wallet backend, an electronic payment credential acceptance capability for the point of transaction device, wherein the point of transaction device accepts only certain electronic payment credentials;
determining, by the aggregating wallet backend and from the electronic payment credential acceptance capability that the point of transaction device accepts the merchant-specific account number; and
executing a transaction using the merchant-specific account number.

2. The method of claim 1 , wherein the merchant-specific account number is received from a financial institution associated with the payment account.

3. The method of claim 1 , wherein the aggregating wallet backend receives the electronic payment credential acceptance capability for the point of transaction device based on a location of the point of transaction device.

4. The method of claim 1 , wherein the aggregating wallet backend receives the electronic payment credential acceptance capability for the merchant from a database of merchant payment credential acceptance capabilities.

5. The method of claim 1 , further comprising:
communicating the merchant-specific account number to the point of transaction device for the merchant prior to executing the transaction.

6. The method of claim 1 , wherein the merchant-specific account number is subject to a restriction.

7. The method of claim 6 , wherein the restriction comprises an expiration time and/or a geographical restriction.

8. The method of claim 1 , wherein the merchant-specific account number is also specific to the payment account.

9. The method of claim 1 , wherein the merchant-specific account number is associated with a plurality of merchants, and an expiration date and/or a Card Validation Value (CVV) for the merchant-specific account number is specific to the merchant.

10. A system, comprising:
a mobile electronic device comprising at least one computer processor and executing an aggregating wallet application and a mobile payment application; and
an aggregating wallet backend comprising a computer application configured to:
receive from the aggregating wallet backend, an indication that a transaction at a point of transaction device for a merchant is to be conducted using the mobile payment application;
initiate payment for the transaction with the mobile payment application on the mobile electronic device;
receive a payment account for the transaction from the mobile payment application;
receive a plurality of payment credentials for the payment account comprising a token, a cryptogram and a merchant-specific account number;
receive an electronic payment credential acceptance capability for the point of transaction device, wherein the point of transaction device accepts only certain electronic payment credentials;
determine from the electronic payment credential acceptance capability that the point of transaction device accepts the merchant-specific account number; and
execute a transaction using the merchant-specific account number.

11. The system of claim 10 , wherein the merchant-specific account number is received from a financial institution associated with the payment account.

12. The system of claim 10 , wherein the aggregating wallet backend is further configured to receive the electronic payment credential acceptance capability for the point of transaction device based on a location of the point of transaction device.

13. The system of claim 10 , wherein the aggregating wallet backend is further configured to receive the electronic payment credential acceptance capability for the merchant from a database of merchant payment credential acceptance capabilities.

14. The system of claim 10 , wherein the merchant-specific account number is subject to at least one restriction.

15. The system of claim 10 , wherein the aggregating wallet backend is further configured to communicate the merchant-specific account number to the point of transaction device for the merchant prior to executing the transaction.

16. The system of claim 10 , wherein the aggregating wallet backend is configured to send the merchant-specific account number to the merchant.

17. The system of claim 10 , wherein the merchant-specific account number is associated with a plurality of merchants, and an expiration date and/or a Card Validation Value (CVV) for the merchant-specific account number is specific to the merchant.

Assignees

• Jpmorgan Chase Bank Na

Inventors

• Spector Howard
• Beer Allison
• Sheppard Christina
• Ouellette Scott H
• Carlyle Jason
• Le Tu P

Classifications

• G06Q20/3224

  Transactions dependent on location of M-devices · CPC title

• G06Q20/36 Primary

  using electronic wallets or electronic money safes · CPC title

• G06Q20/38215

  Use of certificates or encrypted proofs of transaction rights · CPC title

• G06Q20/227

  characterised in that multiple accounts are available, e.g. to the payer · CPC title

• G06Q20/202

  Interconnection or interaction of plural electronic cash registers [ECR] or to host computer, e.g. network details, transfer of information from host to ECR or from ECR to ECR · CPC title