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Enhancing Security and accounting for remote secure transaction through internet and including electronic payment

IP.com Disclosure Number: IPCOM000013259D
Original Publication Date: 2000-May-01
Included in the Prior Art Database: 2003-Jun-18
Document File: 3 page(s) / 52K

Publishing Venue

IBM

Abstract

Disclosed is a transaction process which provide for electronic transaction through intenet an enhanced security associated to the generation of an electronic receipt and identifier of the transaction.

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At least one non-text object (such as an image or picture) has been suppressed.
This is the abbreviated version, containing approximately 54% of the total text.

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  Enhancing Security and accounting for remote secure transaction through internet and including electronic payment

Disclosed is a transaction process which provide
for electronic transaction through intenet an
enhanced security associated to the generation
of an electronic receipt and identifier of the
transaction.

The transaction is considering a three tiers
architecture :

   (1) The buyer : in the preferred embodiment,
a person using an electronic terminal connecting
to Internet network

      (2) The seller : a computer owned and
controlled by a trading company and providing
electronic catalog for selling articles or even
services, this computer is connected to Internet
network

     (3) The electronic payment company : a
computer owned and controlled by a electronic
banking company . This computer is controlled by
the banking company and connected to the
Internet network. The company and its computer
are certified and authorized by national
relevant authorities for electronic payment
processing.

In this architecture :

     The seller offers an electronic catalog of
product or services.

    Through the Internet connection, the buyer
using an electronic terminal can consult the
catalog of products or services.

     When the buyer is willing to buy a product
of the catalog, he needs to select the product
and then provide the references of his payment
: credit card number (number 1) plus his credit
card pin code (number 2).

      The product selected is identified by an
unique number (number 3)

The date and time of selection is also

1

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identified by a unique number (number 4)

When the buyer decide and validates a
transaction :

    A computation (comp 1) of number 1 , number 4
and numb...