Electronic transaction security system and method

Number of patents in Portfolio can not be more than 2000

United States of America

PATENT NO 8893961
SERIAL NO

13749930

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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A computerized method for generating a time-limited number for use in a payment card transaction involving a payment card issued by a financial institution. The payment card comprises an original payment card number. A first plurality of digits of the original payment card number is provided to a processor. The first plurality of digits are predetermined digits associated to the financial institution. A desired expiration date through which the time-limited number is valid for acceptance in the payment card transaction is provided to the processor. A program is executed by the processor to set a first plurality of digits in the time-limited number to the first plurality of digits in the original payment card number, generate a first number corresponding to the desired expiration date, set a second plurality of digits in the time-limited number to the first number, and output the time-limited number.

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Patent Owner(s)

  • MIRI SYSTEMS, LLC

International Classification(s)

Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Sandstrom, Ronald W Madison, US 8 72
Vasil, Paul E Needham, US 6 76
Zon, Ludwik F Charlotte, US 9 416

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Maintenance Fees

Fee Large entity fee small entity fee micro entity fee due date
11.5 Year Payment $7400.00 $3700.00 $1850.00 May 25, 2026
Fee Large entity fee small entity fee micro entity fee
Surcharge - 11.5 year - Late payment within 6 months $160.00 $80.00 $40.00
Surcharge after expiration - Late payment is unavoidable $700.00 $350.00 $175.00
Surcharge after expiration - Late payment is unintentional $1,640.00 $820.00 $410.00