Kenny Lo

US Patent:

20030126094, Jul 3, 2003

Filed:

Jan 29, 2002

Appl. No.:

10/066174

Inventors:

Douglas Fisher - Mountain View CA, US
Kenny Lo - Cupertino CA, US

International Classification:

H04K001/00

US Classification:

705/075000

Abstract:

The invention comprises online methods, systems, and software for improving the processing of payments from financial accounts, particularly credit and debit card payments made from consumers to merchants in online transactions. The preferred embodiment of the invention involves inserting a trusted third party online service into the payment authorization process. The trusted third party authenticates the consumer and authorizes the proposed payment in a single integrated process conducted without the involvement of the merchant. The authentication of the consumer is accomplished over a persistent communication channel established with the consumer before a purchase is made. The authentication is done by verifying that the persistent channel is open when authorization is requested. Use of the third party services allows the consumer to avoid revealing his identity and credit card number to the merchant over a public network such as the Internet, while maintaining control of the transaction during the authorization process.

US Patent:

20070192245, Aug 16, 2007

Filed:

Apr 22, 2007

Appl. No.:

11/738513

Inventors:

Douglas Fisher - Mountain View CA, US
Kenny Lo - Cupertino CA, US

International Classification:

G06Q 40/00

US Classification:

705039000

Abstract:

The invention comprises online methods, systems, and software for improving the processing of payments from financial accounts, particularly credit and debit card payments made from consumers to merchants in online transactions. The preferred embodiment of the invention involves inserting a trusted third party online service into the payment authorization process. The trusted third party authenticates the consumer and authorizes the proposed payment in a single integrated process conducted without the involvement of the merchant. The authentication of the consumer is accomplished over a persistent communication channel established with the consumer before a purchase is made. The authentication is done by verifying that the persistent channel is open when authorization is requested. Use of the third party services allows the consumer to avoid revealing his identity and credit card number to the merchant over a public network such as the Internet, while maintaining control of the transaction during the authorization process.