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SG10201800215WA - A tokenisation platform and computer-implemented method for generating a modified payment token for an express payment transaction - Google Patents

A tokenisation platform and computer-implemented method for generating a modified payment token for an express payment transaction

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Publication number
SG10201800215WA
SG10201800215WASG10201800215WASG10201800215WASG10201800215WASG 10201800215W ASG10201800215W ASG 10201800215WASG 10201800215W ASG10201800215W ASG 10201800215WASG 10201800215W ASG10201800215W ASG 10201800215WASG 10201800215W ASG10201800215W ASG 10201800215WA
Authority
SG
Singapore
Prior art keywords
tokenisation
platform
request
authorisation
token
Prior art date
Application number
SG10201800215WA
Inventor
Dharmaiah Kallugudde Manu
Original Assignee
Mastercard International Inc
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by Mastercard International IncfiledCriticalMastercard International Inc
Priority to SG10201800215WApriorityCriticalpatent/SG10201800215WA/en
Priority to PCT/US2018/065414prioritypatent/WO2019139721A1/en
Priority to US16/237,170prioritypatent/US20190213596A1/en
Publication of SG10201800215WApublicationCriticalpatent/SG10201800215WA/en

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Abstract

A Tokenisation platform and Computer-Implemented Method for Generating a Modified Payment Token for an Express Payment Transaction A tokenisation platform for generating a modified payment token for an express payment transaction is described. The tokenisation platform comprises at least a computer processor and a data storage device, the data storage device comprising instructions operative by the processor to: receive, from a token requestor, a request for a modified payment token, the request comprising an account identifier; transmit an authorisation request to an issuer server associated with the account identifier, the authorisation request comprising a request for advanced authorisation or pre-authorisation of funds from an account associated with the account identifier; and to receive, from the issuer server, an authorisation response indicating whether the authorisation request was successful or declined. If the authorisation request is successful, the tokenisation platform will generate a modified payment token comprising tokenised account details associated with the account identifier and either advanced authorised funds or a pre-authorised fund value; and transmit, to the token requestor, the modified payment token for use in an express payment transaction. [Figure to print with the abstract: Fig. ] 24
SG10201800215WA2018-01-092018-01-09A tokenisation platform and computer-implemented method for generating a modified payment token for an express payment transactionSG10201800215WA (en)

Priority Applications (3)

Application NumberPriority DateFiling DateTitle
SG10201800215WASG10201800215WA (en)2018-01-092018-01-09A tokenisation platform and computer-implemented method for generating a modified payment token for an express payment transaction
PCT/US2018/065414WO2019139721A1 (en)2018-01-092018-12-13A tokenisation platform and computer-implemented method for generating a modified payment token for an express payment transaction
US16/237,170US20190213596A1 (en)2018-01-092018-12-31Tokenisation platform and computer-implemented method for generating a modified payment token for an express payment transaction

Applications Claiming Priority (1)

Application NumberPriority DateFiling DateTitle
SG10201800215WASG10201800215WA (en)2018-01-092018-01-09A tokenisation platform and computer-implemented method for generating a modified payment token for an express payment transaction

Publications (1)

Publication NumberPublication Date
SG10201800215WAtrue SG10201800215WA (en)2019-08-27

Family

ID=67140898

Family Applications (1)

Application NumberTitlePriority DateFiling Date
SG10201800215WASG10201800215WA (en)2018-01-092018-01-09A tokenisation platform and computer-implemented method for generating a modified payment token for an express payment transaction

Country Status (3)

CountryLink
US (1)US20190213596A1 (en)
SG (1)SG10201800215WA (en)
WO (1)WO2019139721A1 (en)

Families Citing this family (7)

* Cited by examiner, † Cited by third party
Publication numberPriority datePublication dateAssigneeTitle
CA3050480A1 (en)*2018-07-242020-01-24Edison U. OrtizPayment card with secure element and replenishable tokens
CN113205642B (en)*2021-04-252023-04-14多点(深圳)数字科技有限公司Anti-embezzlement method based on entity prepaid card
CN113129006B (en)*2021-05-192024-07-19中国银行股份有限公司Medical payment system and method
EP4181044A1 (en)*2021-11-162023-05-17Mastercard International IncorporatedPre-authenticated token for use in payment transactions and data access
US11823171B1 (en)*2021-12-222023-11-21Wells Fargo Bank, N.A.Payment function service
US20250037126A1 (en)*2023-07-262025-01-30Visa International Service AssociationSystem to prevent frauds and authenticate users for third party applications while token processing
CN119624464A (en)*2024-12-042025-03-14中国银联股份有限公司 Payment method, device, equipment, system, medium and program product

Family Cites Families (8)

* Cited by examiner, † Cited by third party
Publication numberPriority datePublication dateAssigneeTitle
US6636833B1 (en)*1998-03-252003-10-21Obis Patents Ltd.Credit card system and method
US8160928B2 (en)*2005-01-212012-04-17Ebay Inc.Network-based commerce facility offer management methods and systems
US8769279B2 (en)*2006-10-172014-07-01Verifone, Inc.System and method for variable length encryption
CA2722951A1 (en)*2008-04-292009-11-05Visa U.S.A. Inc.Authorization system with split messaging
US8380177B2 (en)*2010-04-092013-02-19Paydiant, Inc.Mobile phone payment processing methods and systems
US8682802B1 (en)*2011-11-092014-03-25Amazon Technologies, Inc.Mobile payments using payment tokens
US11080701B2 (en)*2015-07-022021-08-03Royal Bank Of CanadaSecure processing of electronic payments
WO2014113596A1 (en)*2013-01-162014-07-24Mercury Payment Systems, LlcSystems and methods for distributed enhanced payment processing

Also Published As

Publication numberPublication date
WO2019139721A1 (en)2019-07-18
US20190213596A1 (en)2019-07-11

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