TRACKING RF TRANSACTION ACTIVITY USING A TRANSACTION DEVICE IDENTIFIER

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United States of America Patent

SERIAL NO

12206634

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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In accordance with one exemplary embodiment of the invention, a radio frequency identification (RFID) transaction device is used to complete a transaction. The RFID transaction device may communicate a tertiary number and/or a URL instead of sensitive transaction device information. The tertiary number and/or URL may point the RFID transaction device to a third-party authorizing agent. The third party may verify that the URL and/or a tertiary number corresponds to a valid transaction account on the account provider system. The third party may use the URL and/or the tertiary number to locate the appropriate verifying (e.g., “validating”) information for confirming the transaction account validity. Once the third party verifies the validity of the transaction account using the URL and/or the tertiary number, the third party (e.g., account issuer or acquirer) may provide authorization to the merchant that a transaction may be completed.

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Patent Owner(s)

Patent OwnerAddress
LIBERTY PEAK VENTURES LLC1400 PRESTON ROAD SUITE 482 PLANO TX 75201

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Montgomery, Joshua Orem, US 3 15
Peart, Lee J Epsom , GB 28 2799
Saunders, Peter D Salt Lake City, US 148 12457

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