Method and system for conducting a transaction using a proximity device

Number of patents in Portfolio can not be more than 2000

United States of America Patent

APP PUB NO 20050171905A1
SERIAL NO

10507867

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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A proximity device transmits a first dynamic authentication value contactlessly to a terminal. The first authentication value is included in a discretionary data field of message data arranged in an ISO Track 1 and/or ISO Track 2 formal Message data is sent from the terminal to an issuer. The issuer separately derives a second authentication value and compares it with the first authentication value.

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Patent Owner(s)

Patent OwnerAddress
MASTERCARD INTERNATIONAL INCORPORATED2000 PURCHASE STREET PURCHASE NY 10577

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Garon, Gilles Toronto, CA 3 604
Wankmueller, John Great Neck, NY 29 2742

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