SYSTEM, METHOD, AND COMPUTER PROGRAM PRODUCT FOR EXCHANGING TRANSACTION DATA

A method for receiving secure payment transactions while a connection to a payment processing network cannot be established includes, with at least one integrated circuit, transmitting a first public encryption key and transaction data associated with a transaction to a computing device via an NFC c...

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Bibliographic Details
Main Authors FOSTER, Adam, THAPA, Youwan, NICHANI, Roshankumar Vishin, POPUSOI, Anatolie
Format Patent
LanguageEnglish
French
German
Published 01.11.2023
Subjects
CALCULATING
COMPUTING
COUNTING
DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES
ELECTRIC COMMUNICATION TECHNIQUE
ELECTRICITY
PHYSICS
SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR
TRANSMISSION
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Summary:A method for receiving secure payment transactions while a connection to a payment processing network cannot be established includes, with at least one integrated circuit, transmitting a first public encryption key and transaction data associated with a transaction to a computing device via an NFC communication connection, receiving a second public encryption key and a transaction message associated with the transaction via the NFC communication connection, and appending the second public encryption key and the transaction message associated with the transaction to a database stored in a memory in communication with the at least one integrated circuit. The at least one integrated circuit is powered by an electromagnetic field generated by the computing device.
Bibliography:Application Number: EP20230183730