Secure authentication and payment system
View Patent ↗A transaction and payment and processing system securely conducts transactions over the public telephone network. The transactions may be between and among entities of any type such as individuals, merchants, utilities, banks, etc. Nothing more than access to a telephone is required after initial registration of a user.
1. A method comprising:
receiving, at a server from a client device, one or more messages including a resource identifier, a telephone identifier, and an alias assigned by the server;
transforming, by the server, the telephone identifier and the alias from the message data structure to a database data structure;
authenticating, by the server, the message from the client device by searching for a stored alias and a stored transaction identifier associated with the alias in a database that matches the alias and telephone identifier in the message; and
in response to authenticating the message, authorizing, by the server, a transfer of a resource.
2. The method of claim 1 , wherein the client device is selected from the group consisting of a POS device, wireless device, landline telephone, web browser and computer.
3. The method of claim 2 , wherein the resource identifier is supplied by a group selected from a broadcast advertisement, print advertisement, or targeted advertisement.
4. The method of claim 1 , wherein the message is further authenticated from a group selected from a password and Personal Identification Number (PIN).
5. A method comprising;
storing, by a server, an alias associated with a target account, wherein the alias identifies the target as one registered with the server, without compromising a private secondary identifier used by the target to authenticate itself to the server;
receiving, at the server from a client device, the alias, a telephone identifier, and a resource in one or more messages;
transforming, by the server, the received target alias from the message data structure to a database data structure;
authenticating, by the server, the one or more messages from the client device by searching for a stored alias and a stored transaction identifier associated with the alias in a database that matches the alias and telephone identifier in the one or more messages; and
providing instructions to the server to credit the target account by the resource amount.