Mastercard Asia/pacific Pte. Ltd.

Mastercard International Incorporated

Paypal, Inc.

Jiaming Li

Jie Zhang

Donghao Huang

Hao Tang

Bensam Joyson

Yong How Chin

Prashant Sharma

Sandeep Malhotra

Rajen Srinivasa Prabhu

Xijing Wang

Rajen S Prabhu

George Chen Kaidi

Oran Cummins

Garry Lyons

Saravana Perumal Shanmugam

Jason Nanton

Hui Fang

Eamon Doyle

Shiying Lian

Zunhua Wang

Sreeram Vasudevan

Li Hua Lim

Ting Shiuan Loh

Senxian Zhuo

Sin Jian Tan

Martin Collings

Deepak Buddha

Perry Kick

Bipin Kesapur

Ryan Moses Cayamanda

Ashwin Ganesh

Douglas Tan

Yong-How Chin

Preshant Sridhar

An example method includes receiving a request for a transaction; associating the request with a user; receiving, from the user, identification information; retrieving, from a database, first stored authentication information associated with the user; retrieving, from a distributed ledger, second stored authentication information associated with the user; and determining that the received authentication information matches the first stored authentication details and the second stored authentication details and, in response, outputting, by the computing system, a proof of authentication to enable the transaction.

Selection of electronic transaction processing channel and multi-factor user authentication

A method for originating a vending transaction via machine-readable code includes storing, in a memory of a computing device, an account identifier associated with a transaction account, reading, by an optical imaging device of the computing device, a machine-readable code displayed on a vending machine, wherein the machine-readable code is encoded with at least a device identifier, electronically transmitting, by a transmitting device of the computing device, at least the device identifier and an account identifier to a third party system, and receiving, by a receiving device of the computing device, a transaction confirmation indicating approval of a payment transaction involving the transaction account and the vending machine.

Method and system for QR code originated vending

A foreign currency transaction system and method can allow both users and merchants to carry out foreign currency transactions without using a point-of-sale (POS) device. In addition, users can carry out foreign currency transactions without knowing much of a foreign language in order to engage with a merchant in a foreign country. In addition, a user may lock-in a foreign currency exchange rate so that the user is able to have some certainty in relation to the foreign currency transaction, and can simplify the use of payment cards for foreign currency transactions by capturing an electronic image of a pricing indicator at a juncture of initiating a foreign currency transaction, and processing the electronic image to automatically determine a required payment amount represented on the pricing indicator.

Foreign currency transaction system and method

Mobile payment systems and methods for vending machines can include a mobile payment system comprising: a vending server module that is configured to: generate a unique session identifier in response to receipt of a unique machine identifier associated with a vending machine and a price of a product to be purchased from the vending machine; receive a mobile payment request from a mobile device, the mobile payment request comprising payment credentials, the unique session identifier, the unique machine identifier and the price of the product; and generate a vending authorization message on a condition that the mobile payment request is approved, the vending authorization message comprising instructions for the vending machine to dispense the product.

Mobile payment systems and methods for vending machines

According to some embodiments, a system and a method of transmitting identity verification information to a merchant include receiving an account identifier from a user in response to the user interacting with a merchant. The user is authenticated based on the account identifier and identity verification information is transmitted to the merchant.

Systems and methods for identity validation and verification

A device and methods for facilitating a sale of an item from a seller to a customer are disclosed. The device comprises a lockable compartment configured to contain the item, wherein the compartment unlocks upon receiving a sale initiation instruction. The device further comprises a sensor configured to detect a presence of the item in the compartment. The device also comprises a gateway module configured to transmit a sale completion instruction for completing the sale of the item if upon an occurrence of a predetermined event, the sensor detects that the item is absent from the compartment.

Device and methods for facilitating a sale of an item

There is provided a method and system for making payment for a service at a service station which allow users to make payment even when their mobile devices lose data connectivity and when there is a high turnover of users at the service station. In addition, the method and system can lead to enhanced revenues at the service stations as well as improved user experiences when making payments at service stations.

Method and system for making payment for a service at a service station

A system and method for facilitating detection and payment of a product. The product has a radio frequency tag attached thereon and the system comprises: two or more scanners attachable to a container for holding the product, wherein each scanner is configured to: (i) receive tag identification data from the tag when the tag is within communication range of the scanner; (ii) generate a signal that is associated with the tag identification data and a time of receipt of the tag identification data; and a computer server communicatively coupled with the two or more scanners, wherein the computer server is configured to: (i) receive the signals from the two or more scanners; and (ii) determine an identity of the product and a presence of the product in the container based on the signals, wherein the presence of the identified product is used for facilitating payment of the product.

System and method for facilitating detection and payment of a product

A method for conducting a transaction between a merchant and a customer, a merchant device, and a computer storage medium for instructing a computing device to execute a method for conducting a transaction between a merchant and a customer are disclosed. The method includes establishing a secure wireless connection between a merchant device and a customer device, real-time synchronizing, via the secure connection, a shopping cart of the customer between the merchant and the customer devices, determining, via the secure connection, at least one payment option for checking out the shopping cart, and processing, at a transaction processing device, the payment based on a selected payment option out of the at least one payment option.

Method for conducting a transaction

A method of transaction between a mobile payment device and a vending machine is described, together with a system and elements of a system supporting such a method of transaction. The method comprises establishing wireless contact between the mobile payment device and the vending machine. Vending machine transaction details are established between the mobile payment device and the vending machine. These vending machine transaction details are sent to a vending platform associated with a payment infrastructure where the vending machine transaction is authorized. The vending platform then provides an authorization token for the vending machine transaction, allowing the vending machine to enable vending when the authorization token has been received.

Vending machine transactions

A computer-implemented method of identifying a payment card design includes partitioning an image of a detected payment card into a plurality of blocks, the image comprising predetermined portions irreversibly masked; and generating an individual numerical representation of each respective one of the plurality of blocks, thereby generating a collective numerical representation of the design of the detected payment card. The method also includes selecting, from a database storing a plurality of payment card designs, one or more payment card designs based on the collective numerical representation of the design of the detected payment card. The method further includes generating a similarity score between the design of the detected payment card and each of the one or more selected payment card designs; and associating the design of the detected payment card with one of the one or more selected payment card designs based on the similarity score.

Method and system for identifying a payment card design

There is provided a data processor implemented method for dynamic authentication of an object. There is also provided non-transitory computer readable storage mediums and systems for carrying out dynamic authentication of an object.

Method for dynamic authentication of an object

System and method for facilitating user identification of a product. The system includes: a receiver unit configured to receive a signal; a memory module in communication with the receiver unit, the memory module having stored thereon product data that is stored in association with a transmittable product identity, wherein the receiver unit is further configured to (i) convert the received signal into its corresponding transmittable product identity and (ii) retrieve the product data from the memory module based on a comparison between the stored transmittable product identity and the converted transmittable product identity; and an output unit configured to output the retrieved product data to a user for facilitating user identification of the product.

Growing community of inventors

Singapore, Singapore

Jiaming Li