Ondot Systems Inc.

Merunetworks, Inc.

Ondot System, Inc.

Rajinder Singh

Vaduvur Bharghavan

Jari Malinen

Rachna Ahlawat

Kannan Konath

Jason Fieldman

Sandeep Gilotra

Enforcing payment card policies using a financial institution agent coupled to a payment processing network. The advisory device intercepts messages directed to an authorization element at an authorizing bank, modifies the intercepted messages in response to a set of financial policy rules, and forwards the intercepted messages to the authorization element. The authorization element responds to any modifications made by the financial institution agent, and issues a grant or a denial of of authorization in response. The financial policy rules include a set of policy limits for use of the payment card, responsive to card usage type, merchant type and location, amount per transaction (or for a selected duration), number of transactions, and combinations thereof Financial policy rules can include side effects, including notifications or two-step authorization (with the cardholder or a monitoring party), transaction records, and combinations thereof.

Payment card policy enforcement

Embodiments of the present invention provide a system and method for an access point providing client to point-of-sale communication over a network, comprising: receiving credentials from the point-of-sale; sending at least one beacon message; receiving a probe request from a client; sending a probe response to the client; authenticating a connection with the client; exchanging capabilities with the client; performing a security handshake with the client; assigning at least one dynamic IP address to the client; and establishing an https session between the client and the point-of-sale over the network.

System and method for secure communication for cashless transactions

A method for a server performing a wireless payment transaction is disclosed. The method comprises providing a server web page or native application including options for a user selecting a role as payer or payee; requesting information from the payee including a transaction ID provided by the server; requesting information from the payer including the transaction ID; initiating an authorization of the transaction on a credit or debit account of the payer; initiating a transaction to credit the payee's account; and completing the transaction with the payer by initiating the offline clearing of the transaction.

System and method for cashless peer-to-peer payment

A controller for a wireless network includes processing elements, an interface for communication with access points for the wireless network, and an interface to another network. The processing elements oversee communication between that other network and the access points, and the controller acts as a certification authority for authenticating access points using public key techniques.

Growing community of inventors

Milpitas, CA, United States of America

Rajinder Singh