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MY165285A - A method and a system to ensure a secured online transaction for a debit card - Google Patents

A method and a system to ensure a secured online transaction for a debit card

Info

Publication number
MY165285A
MY165285A MYPI2010005590A MYPI2010005590A MY165285A MY 165285 A MY165285 A MY 165285A MY PI2010005590 A MYPI2010005590 A MY PI2010005590A MY PI2010005590 A MYPI2010005590 A MY PI2010005590A MY 165285 A MY165285 A MY 165285A
Authority
MY
Malaysia
Prior art keywords
user
merchant
debit card
online transaction
entities
Prior art date
Application number
MYPI2010005590A
Inventor
Fui Bee Tan
Chong Seak See
Kang Siong Ng
Rashidah Binti Haron Galoh
Original Assignee
Mimos Berhad
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by Mimos Berhad filed Critical Mimos Berhad
Priority to MYPI2010005590A priority Critical patent/MY165285A/en
Priority to PCT/MY2011/000070 priority patent/WO2012070923A1/en
Publication of MY165285A publication Critical patent/MY165285A/en

Links

Classifications

    • H—ELECTRICITY
    • H04—ELECTRIC COMMUNICATION TECHNIQUE
    • H04L—TRANSMISSION OF DIGITAL INFORMATION, e.g. TELEGRAPHIC COMMUNICATION
    • H04L9/00—Cryptographic mechanisms or cryptographic arrangements for secret or secure communications; Network security protocols
    • H04L9/32—Cryptographic mechanisms or cryptographic arrangements for secret or secure communications; Network security protocols including means for verifying the identity or authority of a user of the system or for message authentication, e.g. authorization, entity authentication, data integrity or data verification, non-repudiation, key authentication or verification of credentials
    • H04L9/321—Cryptographic mechanisms or cryptographic arrangements for secret or secure communications; Network security protocols including means for verifying the identity or authority of a user of the system or for message authentication, e.g. authorization, entity authentication, data integrity or data verification, non-repudiation, key authentication or verification of credentials involving a third party or a trusted authority
    • H04L9/3213—Cryptographic mechanisms or cryptographic arrangements for secret or secure communications; Network security protocols including means for verifying the identity or authority of a user of the system or for message authentication, e.g. authorization, entity authentication, data integrity or data verification, non-repudiation, key authentication or verification of credentials involving a third party or a trusted authority using tickets or tokens, e.g. Kerberos
    • G—PHYSICS
    • G06—COMPUTING OR CALCULATING; COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/08—Payment architectures
    • G06Q20/12—Payment architectures specially adapted for electronic shopping systems
    • G—PHYSICS
    • G06—COMPUTING OR CALCULATING; COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/38—Payment protocols; Details thereof
    • G06Q20/382—Payment protocols; Details thereof insuring higher security of transaction
    • H—ELECTRICITY
    • H04—ELECTRIC COMMUNICATION TECHNIQUE
    • H04L—TRANSMISSION OF DIGITAL INFORMATION, e.g. TELEGRAPHIC COMMUNICATION
    • H04L9/00—Cryptographic mechanisms or cryptographic arrangements for secret or secure communications; Network security protocols
    • H04L9/006—Cryptographic mechanisms or cryptographic arrangements for secret or secure communications; Network security protocols involving public key infrastructure [PKI] trust models
    • H—ELECTRICITY
    • H04—ELECTRIC COMMUNICATION TECHNIQUE
    • H04L—TRANSMISSION OF DIGITAL INFORMATION, e.g. TELEGRAPHIC COMMUNICATION
    • H04L9/00—Cryptographic mechanisms or cryptographic arrangements for secret or secure communications; Network security protocols
    • H04L9/32—Cryptographic mechanisms or cryptographic arrangements for secret or secure communications; Network security protocols including means for verifying the identity or authority of a user of the system or for message authentication, e.g. authorization, entity authentication, data integrity or data verification, non-repudiation, key authentication or verification of credentials
    • H04L9/3234—Cryptographic mechanisms or cryptographic arrangements for secret or secure communications; Network security protocols including means for verifying the identity or authority of a user of the system or for message authentication, e.g. authorization, entity authentication, data integrity or data verification, non-repudiation, key authentication or verification of credentials involving additional secure or trusted devices, e.g. TPM, smartcard, USB or software token
    • H—ELECTRICITY
    • H04—ELECTRIC COMMUNICATION TECHNIQUE
    • H04L—TRANSMISSION OF DIGITAL INFORMATION, e.g. TELEGRAPHIC COMMUNICATION
    • H04L2209/00—Additional information or applications relating to cryptographic mechanisms or cryptographic arrangements for secret or secure communication H04L9/00
    • H04L2209/56—Financial cryptography, e.g. electronic payment or e-cash

Landscapes

  • Engineering & Computer Science (AREA)
  • Computer Security & Cryptography (AREA)
  • Business, Economics & Management (AREA)
  • Accounting & Taxation (AREA)
  • Computer Networks & Wireless Communication (AREA)
  • Signal Processing (AREA)
  • Finance (AREA)
  • Strategic Management (AREA)
  • Physics & Mathematics (AREA)
  • General Business, Economics & Management (AREA)
  • General Physics & Mathematics (AREA)
  • Theoretical Computer Science (AREA)
  • Financial Or Insurance-Related Operations Such As Payment And Settlement (AREA)
  • Cash Registers Or Receiving Machines (AREA)

Abstract

A METHOD AND A SYSTEM COMPRISING THREE ENTITIES (110,120,130) AND A DEBIT CARD INCORPORATED WITH PKI INFRASTRUCTURE ARE DISCLOSED. THE SYSTEM TO CARRY OUT THE METHOD OF ENSURING A SECURED ONLINE TRANSACTION COMPRISES A FIRST ENTITY (110), A SECOND ENTITY (120) AND A THIRD ENTITY (130). PREFERABLY, THE ENTITIES (110,120,130) REPRESENT A USER OF THE DEBIT CARD, A MERCHANT AND A FINANCIAL INSTITUTION. THE USER MAKES AN ONLINE TRANSACTION (ONLINE PURCHASE) FROM A MERCHANT USING THE DEBIT CARD PROVIDED BY THE FINANCIAL INSTITUTION. BASED ON THE INFORMATION OF THE USER AND THE INFORMATION OF THE MERCHANT RECEIVED BY THE FINANCIAL INSTITUTION, THE USER’S ACCOUNT WILL BE DEDUCTED WITH THE PURCHASE AMOUNT WHILE THE MERCHANT’S ACCOUNT IS CREDITED. THE INFORMATION EXCHANGED BETWEEN THE ENTITIES (110,120,130) IS DIGITALLY SIGNED AND ENCRYPTED TO ENSURE CONFIDENTIALITY. A CONFIRMATION IS SENT TO THE MERCHANT WHO DIRECTS IT TO THE USER TO INFORM THE USER ON THE STATUS OF THE TRANSACTION. THE MOST ILLUSTRATIVE DRAWING:
MYPI2010005590A 2010-11-26 2010-11-26 A method and a system to ensure a secured online transaction for a debit card MY165285A (en)

Priority Applications (2)

Application Number Priority Date Filing Date Title
MYPI2010005590A MY165285A (en) 2010-11-26 2010-11-26 A method and a system to ensure a secured online transaction for a debit card
PCT/MY2011/000070 WO2012070923A1 (en) 2010-11-26 2011-06-03 A method and a system to ensure a secured online transaction for a debit card

Applications Claiming Priority (1)

Application Number Priority Date Filing Date Title
MYPI2010005590A MY165285A (en) 2010-11-26 2010-11-26 A method and a system to ensure a secured online transaction for a debit card

Publications (1)

Publication Number Publication Date
MY165285A true MY165285A (en) 2018-03-21

Family

ID=46146081

Family Applications (1)

Application Number Title Priority Date Filing Date
MYPI2010005590A MY165285A (en) 2010-11-26 2010-11-26 A method and a system to ensure a secured online transaction for a debit card

Country Status (2)

Country Link
MY (1) MY165285A (en)
WO (1) WO2012070923A1 (en)

Families Citing this family (4)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US9311506B1 (en) 2014-06-10 2016-04-12 Lockheed Martin Corporation Storing and transmitting sensitive data
US10430789B1 (en) * 2014-06-10 2019-10-01 Lockheed Martin Corporation System, method and computer program product for secure retail transactions (SRT)
WO2017013672A1 (en) 2015-07-23 2017-01-26 Natco Pharma Ltd Process for the preparation of pharmaceutical grade dimethyl fumarate
CN115082050A (en) * 2022-07-12 2022-09-20 深圳怡化电脑科技有限公司 Transaction method, system, device, equipment and medium for third party payment

Family Cites Families (2)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US6842743B2 (en) * 2000-12-01 2005-01-11 Matsushita Electric Industrial Co., Ltd. Transparent secure electronic credit card transaction protocol with content-based authentication
WO2006128215A1 (en) * 2005-05-31 2006-12-07 Salt Group Pty Ltd Method and system for secure authorisation of transactions

Also Published As

Publication number Publication date
WO2012070923A1 (en) 2012-05-31

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