Title:
THE ELECTRONIC PAYMENT APPLICATION SYSTEM AND PAYMENT AUTHORIZATION METHOD
Document Type and Number:
WIPO Patent Application WO/2010/032216
Kind Code:
A4
Abstract:
The system contains a virtual POS terminal's unit in the user's personal device. The mobile communication device (1) contains a virtual POS terminal's unit (4) and also a removable memory card (3), on which there are at least two physically separate secure elements (2) stored. The removable memory card (3) is connected to the secure element (2) containing the secured part of the virtual POS terminal. The mobile communication device (1) and/or the separate portable element (6) is adjusted in such a way to be able to connect to a remote payment procession server. The removable memory card (3) and the separate portable element (6) can be equipped with the NFC communication element. Depending on the user choice, a corresponding secure element (2) with the selected payment card unit (14) is activated on the removable memory card (3). The user's payment card's identification data are supplemented by the payment receiver's identification data and also by a one-time password that was created in the one-time password unit.
Inventors:
FLOREK MIROSLAV (SK)
MASARYK MICHAL (SK)
MASARYK MICHAL (SK)
Application Number:
PCT/IB2009/054101
Publication Date:
June 17, 2010
Filing Date:
September 18, 2009
Export Citation:
Assignee:
LOGOMOTION SRO (SK)
FLOREK MIROSLAV (SK)
MASARYK MICHAL (SK)
FLOREK MIROSLAV (SK)
MASARYK MICHAL (SK)
International Classes:
G06Q20/00; G07F7/08
Attorney, Agent or Firm:
PORUBČAN, Róbert (Ivanka pri Dunaji, SK)
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