Virtualization and secure processing of data
Systems, methods, and non-transient machine-interpretable data representing executable instruction sets and/or other products for the processing of data for the secure creation, administration, manipulation, processing, and storage of electronic data useful in the processing of payment transactions and other secure data processes. In various aspects and embodiments the disclosure provides secure means for the authorization of sensitive and other data processes subject to controlled access. Such processes include, for example the creation, administration, authorization, virtualization, storage, and other manipulation or processing of electronic data representing characteristics of, instructions for, and information associated with consumer, business, and other payment accounts, and other forms of secure payment elements, such as payment tokens; and data useful in processing transactions using such accounts and elements. Information associated with particular payment means, such as accounts or payment tokens, can be stored, for example, in a data set, usually secure, sometimes referred to as a virtual or electronic wallet, or a secure payment token.
1. A mobile communication device comprising:
at least one wireless communication system;
at least one data processor; and
at least one persistent memory device, the at least one persistent memory device comprising stored data representing at least:
at least one secure payment token, the at least one secure payment token comprising data representing at least an authorized transaction amount and a payment service provider by which a transaction in accordance with the amount was authorized;
a plurality of protocol identifiers, each associated with a distinct one of a plurality of payment protocols; and
one or more sets of machine-interpretable instructions;
the at least one data processor adapted, by execution of the one or more sets of stored, machine-interpretable instructions, to:
in accordance with a selection of a user of the mobile communication device, access one of the plurality of stored protocol identifiers,
configure the at least one payment token for processing in accordance with the protocol associated with the accessed protocol identifier; and
using the wireless communication system, route the configured payment token to a merchant transaction processing system.
2. A mobile communication device according to claim 1 , wherein the configured payment token routed to the merchant transaction system comprises data representing at least one identifier associated with the mobile communication device and at least one identifier associated with the user of the mobile communication device.
3. A mobile communication device according to claim 1 , wherein the at least one persistent memory device includes a removable memory device.
4. A mobile communication device according to claim 1 , wherein the one or more sets of stored, machine-interpretable instructions include a virtual wallet application configured to manage access to the data representing at least the secure payment token and a plurality of applets, each of the plurality of applets configured to manage access to one of the protocol identifiers.
5. A mobile communication device according to claim 1 , wherein the secure payment token is encrypted in accordance with a public key—private key encryption scheme.
6. A mobile communication device according to claim 1 , wherein the payment protocol is a credit protocol.
7. A mobile communication device according to claim 1 , wherein the payment protocol is a debit protocol.
8. A mobile communication device according to claim 1 , wherein the payment protocol is a loyalty protocol.