The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Feb. 15, 2022
Filed:
Sep. 11, 2019
Visa International Service Association, San Francisco, CA (US);
Gaurav Srikant Mokhasi, Bengaluru, IN;
Rohit Sukhija, Bengaluru, IN;
Abhishek Minocha, New Delhi, IN;
Visa International Service Association, San Francisco, CA (US);
Abstract
The present invention relates to a system and computer implemented method for executing card present transaction dynamically from remote environment. A first payment terminal receives payment details and configuration information of a second payment terminal associated with a merchant located separate from the first payment terminal from an intermediate agent device. A payment channel is initiated by emulating the second payment terminal using the configuration details. The first payment terminal receives transaction related data once user initiates the payment transaction using a physical payment card in the first payment terminal. The transaction related data is communicated to the second payment terminal which sends a transaction message comprising transaction related data to an issuer system for authorization. Thereafter, a result of the payment transaction is received from the second payment terminal via the intermediate agent device.