SYSTEM AND METHOD FOR INCREASING SECURITY IN INTERNET TRANSACTIONS

1 . An apparatus comprising:

a processor;

a mobile network interface;

a secure element storing a credential; and

a memory storing computer readable instructions that, when executed by the processor, cause the apparatus at least to perform:

prompting a user for authorization to permit a pending purchase initiated by a purchase initiating device;

establishing, via the mobile network interface, a secure communication channel with a server;

communicating the credential via the secure communication channel;

generating a token based on the credential; and

communicating the token to the server via the mobile network interface.

2 . The apparatus of claim 1 , wherein the secure element stores a plurality of credentials.

3 . The apparatus of claim 2 , wherein the computer readable instructions, when executed by the processor, cause the apparatus to receive a selection of a particular one of the plurality of credentials.

4 . The apparatus of claim 1 , wherein the generating of the token is based upon:

at least one of Track 1 data and Track 2 data of a credit card; and

a key.

5 . The apparatus of claim 4 , wherein the key is one of a symmetric key and an asymmetric key.

6 . The apparatus of claim 1 , wherein the generating of the token is based upon a counter value.

7 . The apparatus of claim 1 , wherein the computer readable instructions, when executed by the processor, cause the apparatus to communicate information along with the token to enable the server to recreate the token.

8 . The apparatus of claim 1 , wherein the computer readable instructions, when executed by the processor, cause the apparatus to:

receive a link via the mobile network interface to initiate the prompting of the user for authorization to permit the pending purchase; and

authenticate the link.

9 . The apparatus of claim 8 , wherein the computer readable instructions, when executed by the processor, cause the apparatus to present the link for user selection subsequent to authenticating the link.

10 . A method comprising:

prompting a user for authorization to permit a pending purchase initiated by a purchase initiating device;

establishing, via a mobile network interface of a device, a secure communication channel with a server;

communicating a credential stored by a secure element of the device via the secure communication channel;

generating, by a processor of the device, a token based on the credential; and

communicating the token to the server via the mobile network interface.

11 . The method of claim 10 , wherein the generating of the token is based upon:

at least one of Track 1 data and Track 2 data of a credit card; and

a key.

12 . The method of claim 10 , wherein the generating of the token is based upon a counter value.

13 . The method of claim 10 , further comprising communicating information along with the token to enable the server to recreate the token.

14 . The method of claim 10 , further comprising:

receiving a link via the mobile network interface to initiate prompting of the user for authorization to permit the pending purchase; and

authenticating the link.

15 . The method of claim 14 , further comprising presenting the link for user selection subsequent to authenticating the link.

16 . A computer readable medium storing computer executable instructions that, when executed, cause an apparatus at least to perform:

prompting a user for authorization to permit a pending purchase initiated by a purchase initiating device;

establishing, via a mobile network interface of the apparatus, a secure communication channel with a server;

communicating a credential stored by a secure element of the apparatus via the secure communication channel;

generating a token based on the credential; and

communicating the token to the server via the mobile network interface.

17 . The computer readable medium of claim 16 , wherein the generating of the token is based upon:

at least one of Track 1 data and Track 2 data of a credit card; and

a key.

18 . The computer readable medium of claim 16 , wherein the generating of the token is based upon a counter value.

19 . The computer readable medium of claim 16 , wherein the computer readable instructions, when executed, cause the apparatus to communicate information along with the token to enable the server to recreate the token.

20 . The computer readable medium of claim 16 , wherein the computer readable instructions, when executed, cause the apparatus to:

receive a link via the mobile network interface to initiate prompting of the user for authorization to permit the pending purchase;

authenticate the link; and

present the link for user selection subsequent to authenticating the link.

21 . A system comprising:

a purchase initiating device configured to present a user interface and to receive a selection via the user interface indicating intent to purchase at least one item; and

a mobile device comprising:

a processor;

a mobile network interface;

a secure element storing a credential; and

a memory storing computer readable instructions that, when executed by the processor, cause the mobile device at least to perform:

prompting a user for authorization to permit a pending purchase initiated by the purchase initiating device;

establishing, via the mobile network interface, a secure communication channel with a server;

communicating the credential via the secure communication channel;

generating a token based on the credential; and

communicating the token to the server via the mobile network interface.

22 . The system of claim 21 , wherein the generating of the token is based upon at least one of:

at least one of Track 1 data and Track 2 data of a credit card;

a key; and

a counter value.

23 . The system of claim 21 , wherein the computer readable instructions, when executed, cause the mobile device to communicate information along with the token to enable the server to recreate the token.

24 . The system of claim 21 , wherein the computer readable instructions, when executed, cause the mobile device to:

receive a link via the mobile network interface to initiate prompting of the user for authorization to permit the pending purchase;

authenticate the link; and

present the link for user selection subsequent to authenticating the link.