System and method for enabling a mobile communication device to operate as a financial presentation device

Patent metadata

Field	Value
Publication number	US-8983438-B2
Application number	US-60668509-A
Country	US
Kind code	B2
Filing date	Oct 27, 2009
Priority date	Oct 27, 2009
Publication date	Mar 17, 2015
Grant date	Mar 17, 2015

Abstract

A provisioning system for enabling a mobile communication device to operate as a financial presentation device (FPD) which is presentable to providers of goods or service is provided. The provisioning system relies on a transaction processing system that normally routes authorization requests from merchants to issuers of FPDs for purposes of authorizing FPD transactions. The transaction processing system already stores security keys of all issuers in order to validate transaction data being sent from the merchants. The provisioning system monitors authorization requests being routed through the transaction processing system and retrieves an authorization request of a financial transaction that was initiated with a particular FPD. The provisioning system then transmits the FPD data contained in the retrieved authorization request and the security key stored in the transaction processing system to a secure memory element of the mobile communication device so as to enable the mobile communication device to operate as a FPD.

First claim

What is claimed is:

1. A system for enabling a mobile communication device having a secure memory element to operate as a financial presentation device (FPD) which is presentable to providers of goods or services, the system comprising:
a memory storing a security key corresponding to an issuer of the FPD, wherein the security key is an encryption key;
a processor coupled to the memory; and
a provisioning module executable by the processor and adapted to:
monitor incoming authorization requests for financial transactions to retrieve an authorization request of a financial transaction that was initiated with the FPD, the authorization request received from a point of sale (POS) terminal through an acquirer, wherein the authorization request comprises FPD data including an FPD identifier associated with the FPD;
retrieve the FPD data contained in the authorization request;
store the FPD data contained in the authorization request in the memory; and
transmit via a wireless communication network the stored security key and the stored FPD data to the mobile communication device for storage into the secure memory element so as to enable the mobile communication device to operate as the FPD.

2. The system of claim 1 , wherein the provisioning module is adapted to receive and store an identifier of the mobile communication device by which communication with the communication device through the mobile communication network is established.

3. The system of claim 2 , wherein the mobile communication device comprises a cell phone and the identifier of the mobile communication device comprises a cell phone number.

4. The system of claim 3 , wherein the FPD comprises a credit card or a debit card.

5. The system of claim 2 , wherein the provisioning module is adapted to receive a request to enable the mobile communication device as the FPD, the request including the identifier of the mobile communication device and the FPD identifier.

6. The system of claim 5 wherein the provisioning module is adapted to add the FPD identifier to a list of flagged identifiers for monitoring.

7. The system of claim 6 wherein the provisioning module is adapted to make a match between the FPD identifier and an identifier of the FPD in the authorization request of the financial transaction.

8. The system of claim 1 , wherein the provisioning module includes an installation module executable by the processor and adapted to transmit a payment application to the mobile communication device for enabling the mobile communication device to operate as the FPD.

9. The system of claim 1 , wherein the provisioning module is configured to derive a secondary security key specific for the FPD.

10. The system of claim 1 wherein the FPD data further comprises at least one of the following: a service code, PIN verification data, a card verification value and the financial transaction details.

11. A system for enabling a mobile communication device having a secure memory element to operate as a contactless financial presentation device (FPD) which is presentable to providers of goods or services, the system comprising:
a transaction processing system that routes authorization requests from merchants to issuers of FPDs for purposes of authorizing FPD transactions;
a memory storing security keys of FPD issuers, wherein the security keys are encryption keys;
a processor coupled to the memory and the transaction processing system; and a provisioning module executable by the processor and adapted to:
monitor the authorization requests being routed by the transaction processing system to retrieve an authorization request that was initiated by a particular FPD, the authorization request being received from a point of sale (POS) terminal via an acquirer, wherein the authorization request comprises FPD data including an FPD identifier associated with the particular FPD;
retrieve the FPD data contained in the authorization request;
store the FPD data contained in the authorization request in the memory; and
transmit via a wireless communication network a security key associated with the particular FPD and the stored FPD data to the secure memory element of the mobile communication device to enable the mobile communication device to operate as the particular FPD, wherein the security key is an encryption key.

12. The system of claim 11 , wherein the provisioning module is adapted to receive a request to enable the mobile communication device as the particular FPD, the request including an identifier of the mobile communication device and the FPD identifier.

13. The system of claim 11 , wherein the provisioning module includes an installation module executable by the processor and adapted to transmit a payment application to the mobile communication device for enabling the mobile communication device to operate as the particular FPD.

14. The system of claim 11 , wherein the provisioning module is configured to derive a secondary security key specific for the particular FPD.

15. A method for enabling a mobile communication device having a secure memory element to operate as a financial presentation device (FPD) which is presentable to providers of goods or services, the method comprising:
monitoring, using a processor, authorization requests for financial transactions being routed by a transaction processing system between merchants and issuers of FPDs for purposes of authorizing FPD transactions, the transaction processing system storing security keys of FPD issuers;
retrieving, using the processor, an authorization request of a financial transaction that was initiated with a particular FPD based on monitoring of the authorization requests, wherein the authorization request is received from a point of sale (POS) terminal via an acquirer, wherein the authorization request comprises an FPD identifier associated with the particular FPD;
retrieving the FPD data contained in the authorization request;
storing the FPD data contained in the authorization request in a memory coupled to the processor; and
transmitting via a wireless communication network a security key associated with the particular FPD and the stored FPD data to the mobile communication device for storage into the secure memory element so as to enable the mobile communication device to operate as the particular FPD, wherein the security key is an encryption key.

16. The method of claim 15 , further comprising:
receiving and storing an identifier of the mobile communication device by which communication with the communication device through the mobile communication network is established.

17. The method of claim 16 , wherein:
the mobile communication device comprises a cell phone and the identifier comprises a cell phone number;
the particular FPD comprises a credit card or a debit card; and
the step of transmitting includes transmitting the stored security key and the stored FPD data using the cell phone number.

18. The method of claim 15 , further comprising:
receiving a request to enable the mobile communication device as the particular FPD, the request including an identifier of the mobile communication device and the FPD identifier.

19. The method of claim 15 , further comprising:
transmitting a payment application to the mobile communication device for enabling the mobile communication device to operate as the particular FPD.

20. The method of claim 15 , prior to transmitting the stored security key and the stored FPD data, further comprising:
deriving the security key, which is a seco

Assignees

• Hammad Ayman
• Visa Usa Inc

Inventors

• Hammad Ayman

Classifications

• H04W12/08

  Access security · CPC title

• H04W12/04

  Key management, e.g. using generic bootstrapping architecture [GBA] · CPC title

• G06Q20/3223 Primary

  Realising banking transactions through M-devices · CPC title

• G06Q20/3829

  involving key management · CPC title

• H04W4/18

  Information format or content conversion, e.g. adaptation by the network of the transmitted or received information for the purpose of wireless delivery to users or terminals · CPC title