RECURRING TOKEN TRANSACTIONS

Patent №

US 11,256,789

Granted

2022-02-22

Filed 2019

Owner

VISA INTERNATIONAL SERVICE ASSOCIATION

Lab

AI components

1

kr

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

16444339

A method is disclosed. The method includes receiving a communication comprising a real credential from a communication device and providing the real credential to a token computer. The token computer generates a token and a cryptogram, and the cryptogram is formed using a resource provider initiated transaction indicator. The method includes receiving, from the token computer, the token and the cryptogram, and transmitting, to a processing computer, an authorization request message comprising the token, the cryptogram, a resource provider identifier, and a transaction amount for a first transaction. The processing computer validates the cryptogram, exchanges the token for the real credential, stores the resource provider identifier, and forwards the authorization request message including the real credential, and the transaction amount to an authorizing entity computer. The method also includes receiving an authorization response message from the authorizing entity computer.

AI classification

Knowledge representation0.76
Evolutionary computation0.04
Planning0.01
AI hardware0.00
Vision0.00
Speech0.00
Natural language0.00
Machine learning0.00

Ownership

VISA INTERNATIONAL SERVICE ASSOCIATION

assignment · 501390071

Assignors

JONES, CHRISTOPHER

On an employer assignment, the assignors are typically the inventors.

From the same owner

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