Electronic transaction security system and method
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United States of America Patent
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Apr 14, 2015
Issued Date -
N/A
app pub date -
Jan 25, 2013
filing date -
Oct 13, 2008
priority date (Note) -
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status (Latency Note)
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Abstract
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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