Mastercard International Incorporated

Symantec Corporation

Piyush Sharma

Navneet Jain

Elson Rodrigues

Ravinder Wadhwa

Peter Ashley

Ravi Pareek

Milind Torney

Dattesh Naik

Deepti Dhapola

Puneet Gandhi

Shrikant Subhash Belan

A method is provided for performing a transaction. The method includes, in an offline mode, payee and payer devices communicating to determine transaction details including a transaction amount. A payer payment application generates a transaction request including request transaction details, stores the transaction request, and updates a payer available funds amount at least partially in accordance with the transaction amount. A payee payment application generates a transaction confirmation including confirmation transaction details, stores the transaction confirmation, and updates a payee available funds amount at least partially in accordance with the transaction amount. In an online mode, the payer payment application provides the transaction request to a payment processing device, the payee payment application provides the transaction confirmation to the payment processing device, and the payment processing device compares the request transaction details and confirmation transaction details and causes the transaction to be selectively performed depending on results of the comparison.

Offline transaction system and method

A system and method for authenticating a location of a payment acceptance device is provided. The method comprises receiving a transaction request comprising merchant data, the merchant data identifying the payment acceptance device and location information identifying a location at which the transaction request is initiated; retrieving, from a database, a payment acceptance device identifier based on the merchant data, the payment acceptance device identifier identifying a location at which the payment acceptance device is registered; authenticating the location of the payment acceptance device by comparing the location information and the location identified by the payment acceptance device identifier.

System and method for authenticating a location of a payment acceptance device

A computer-implemented method and a system for loading reloadable cards, the computer-implemented method including: receiving, from an automated teller machine (ATM), a loading transaction request, the loading transaction request including a reloadable card identifier associated with a reloadable card, a funding card identifier associated with a funding card, and loading amount information; executing a funding card authorisation process; executing a reloadable card crediting process; and sending loading transaction approval to the ATM.

Method and system for loading reloadable cards

Embodiments provide a method for facilitating a payment transaction at a POS terminal. The method includes receiving, by a server system associated with a payment network, a machine-readable code comprising information corresponding to a merchant and a dynamic token. The machine-readable code is valid for only a pre-defined interval. The method includes sending, by the server system, a notification associated with the machine-readable code received from the customer device, to a merchant device for approval of the payment transaction. The method further includes receiving, by the server system, a merchant defined transaction code from the merchant device in response to receipt of the notification at the merchant device. The merchant defined transaction code indicates a nature of the payment transaction. facilitating, by the server system, the payment transaction upon receipt of the merchant defined transaction code from the merchant device.

Methods and systems for facilitating payment transactions at point of sale terminals

Methods and server systems for facilitating sharing of reward points between users are disclosed. Information related to linked one or more social IDs of a first user to a payment account of the first user is received and stored in a mapping file. A request for reward points redemption is initiated by the second user in response to an offer to redeem a fixed number of reward points posted by the first user on a social media platform. A social ID used by the second user to initiate the request on the social media platform is identified. A transfer of the fixed number of reward points from the first user to the second user is facilitated based on the mapping file and the social ID of the second user.

Method and system for facilitating sharing of reward points

A device for processing electronic payments for the purchase of goods or services is provided. The device includes one or more computer processors in communication with non-transitory computer readable data storage and a display. The data storage includes instructions stored thereon that, when executed by the one or more processors, cause the device to execute a transaction process including receiving purchase data representing one or more goods or services to be purchased, receiving user input to effect a payment transaction, determining a total transaction amount from the purchase data, reading payment credentials from a purchaser's payment device, sending a payment request, receiving data representing a received one time password (OTP), sending the received OTP to the third party authorization server for authentication against a OTP sent by the third party authorization server to a mobile device, and receiving data representing successful authentication from the third party authorization server.

Processing electronic payments on a mobile computer device

Disclosed is a system for executing a computer process for processing a transaction. The system comprises a point-of-sale (POS) terminal, and an application support terminal (AST). The POS terminal comprises a POS processor and a POS memory device in communication with the POS processor and storing POS program instructions thereon. The POS processor is operative with the POS program instructions to receive transaction information comprising payment vehicle credentials of a payment vehicle for use in processing the transaction, and transaction details defining the transaction. The POS processor is further operative to determine, based on the transaction information, that the POS terminal cannot process the transaction, send the transaction information to the AST, the AST comprising an AST processor, and an AST memory device in communication with the AST processor and storing an application capable of processing the transaction using the payment vehicle credentials, and AST program instructions thereon. The AST processor is operative with the application and AST program instructions to process payment for the transaction through the AST, and forward a transaction confirmation notification from the AST to the POS terminal, the transaction confirmation notification specifying whether the transaction was successfully or unsuccessfully processed.

System for executing a computer process for processing a transaction, and related computer process

A system and method for stand-in processing are provided. The system includes a processor and a memory unit communicatively coupled to the processor. The memory unit is configured to store transaction data received from an acquirer corresponding to a transaction made by a payment card. The processor is configured to determine data representing a point of sale (POS) entry mode of the transaction from the transaction data and, using one or more stand-in rules provided by an issuer of the payment card, process the transaction on behalf of the issuer based on the data representing the POS entry mode. Processing includes approving or declining the transaction.

System and method for stand-in processing

A computer-implemented method for determining potential impacts of applications on the security of computing systems may include (1) identifying an application subject to a security vulnerability assessment, (2) requesting information that identifies a potential impact of the application on a vulnerability of at least one computing system to at least one exploit associated with the application, (3) receiving the information that identifies the potential impact of the application on the vulnerability of the computing system, wherein the information may be derived at least in part from data from at least one additional computing system on which the application has previously been installed and (4) directing a determination about an installation of the application on the computing system based at least in part on the information that identifies the potential impact of the application on the vulnerability of the computing system. Various other methods, systems, and computer-readable media are also disclosed.

Systems and methods for determining potential impacts of applications on the security of computing systems

A computer-implemented method for data loss prevention may include 1) identifying a file hierarchy within a file system (where, e.g., the file hierarchy includes a plurality of files and folders), 2) identifying a defined file hierarchy structure that is associated with a data loss prevention policy (where, e.g., the defined file hierarchy structure identifies the relative locations of files and folders), 3) determining that the file hierarchy is implicated in the data loss prevention policy by determining that the defined file hierarchy structure corresponds to the file hierarchy, and 4) applying the data loss prevention policy to at least a portion of the file hierarchy based on determining that the file hierarchy is implicated in the data loss prevention policy. Various other methods, systems, and computer-readable media are also disclosed.

Systems and methods for data loss prevention

A method and apparatus for examining computer user activity to assess user psychology is provided. In one embodiment, a method for examining computer user activity to assess user psychology comprises monitoring the computer user activity in memory to generate, using at least one processor, pattern data associated with internet activity and comparing the pattern data in the memory with human behavior information using the at least one processor to identify personality indicia in the memory that reflects at least one psychological trait.

Growing community of inventors

Maharashtra, India

Piyush Sharma