Secure networked transaction system
View Patent ↗A method and system for approving a transaction between a customer and a merchant including the steps of transmitting a transaction request from a customer to a merchant; transmitting a verification request from the merchant to a verification entity, the verification request comprising first data; the customer device transmitting second data to the verification entity; and the verification entity performing a verification step by using the first data and the second data to verify if the transaction should be approved.
1. A method comprising:
receiving, at a merchant computing device, transaction information indicating a requested transaction from a user computing device, the transaction information including a first portion of credit card or debit card information, wherein the credit card or debit card information also includes a second portion that is necessary to complete the requested transaction that is not received at the merchant computing device;
in response to receiving the transaction information, redirecting the user computing device to a user interface associated with a verification system, the user interface requesting the second portion of the credit card or debit card information;
receiving at the merchant computing device a first approval indication from the verification system;
receiving at the merchant computing device a second approval indication from the user computing device;
comparing the first approval indication and the second approval indication; and
in response to determining, at the merchant computing device, that the first approval indication and the second approval indication match, initiating completion of a transaction indicated in the transaction information.
2. The method of claim 1 , wherein the first portion comprises at least part of a credit card account number and the second portion comprises at least part of a card security code associated with the credit card account number.
3. The method of claim 1 , wherein the first portion comprises at least part of a debit card account number and the second portion comprises at least part of a PIN number associated with the debit card account number.
4. The method of claim 1 , wherein the first portion comprises at least part of a credit card account number and the second portion comprises at least part of an expiration date associated with the credit card account number.
5. The method of claim 1 , wherein the transaction information further comprises information associated with a product to be purchased by the user computing device and a payment amount associated with the product.
6. A computing system comprising:
a processor; and
a computer readable medium storing machine-executable instructions including one or more modules configured for execution by the processor in order to cause the computing system to:
receive, at a merchant computing device, transaction information indicating a requested transaction from a user computing device, the transaction information including a first portion of credit card or debit card information, wherein the credit card or debit card information also includes a second portion that is necessary to complete the requested transaction that is not received at the merchant computing device;
in response to receiving the transaction information, redirect the user computing device to a user interface associated with a verification system, the user interface requesting the second portion of the credit card or debit card information;
receive at the merchant computing device a first approval indication from the verification system;
receive at the merchant computing device a second approval indication from the user computing device;
compare the first approval indication and the second approval indication; and
in response to determining that the first approval indication and the second approval indication match, initiate completion of a transaction indicated in the transaction information.
7. The system of claim 6 , wherein the first portion comprises at least part of a credit card account number and the second portion comprises at least part of a card security code associated with the credit card account number.
8. The system of claim 6 , wherein the first portion comprises at least part of a debit card account number and the second portion comprises at least part of a PIN number associated with the debit card account number.
9. The system of claim 6 , wherein the first portion comprises at least part of a credit card account number and the second portion comprises at least part of an expiration date associated with the credit card account number.
10. The system of claim 6 , wherein the transaction information further comprises information associated with a product to be purchased by the user computing device and a payment amount associated with the product.
11. A computer-readable medium having instructions stored thereon that, if executed by a computing device, cause the computing device to perform operations comprising:
receiving, at a merchant computing device, transaction information indicating a requested transaction from a user computing device, the transaction information including a first portion of financial account information, wherein the financial account information also includes a second portion that is necessary to complete the requested transaction that is not received at the merchant computing device;
in response to receiving the transaction information, redirecting the user computing device to a user interface associated with a verification system, the user interface requesting the second portion of the financial account information;
receiving at the merchant computing device a first approval indication from the verification system;
receiving at the merchant computing device a second approval indication from the user computing device;
comparing the first approval indication and the second approval indication; and
in response to determining that the first approval indication and the second approval indication match, initiating completion of a transaction indicated in the transaction information.
12. The computer-readable medium of claim 11 , wherein the first portion comprises at least part of a credit card account number and the second portion comprises at least part of a card security code associated with the credit card account number.
13. The computer-readable medium of claim 11 , wherein the first portion comprises at least part of a debit card account number and the second portion comprises at least part of a PIN number associated with the debit card account number.
14. The computer-readable medium of claim 11 , wherein the first portion comprises at least part of a credit card account number and the second portion comprises at least part of an expiration date associated with the credit card account number.
15. The computer-readable medium of claim 11 , wherein the transaction information further comprises information associated with a product to be purchased by the user computing device and a payment amount associated with the product.