SHOPIFY INC. (20240338709). SECURE PIN ENTRY VIA MOBILE DEVICE simplified abstract
Contents
SECURE PIN ENTRY VIA MOBILE DEVICE
Organization Name
Inventor(s)
David Grant Seal of Ottawa (CA)
SECURE PIN ENTRY VIA MOBILE DEVICE - A simplified explanation of the abstract
This abstract first appeared for US patent application 20240338709 titled 'SECURE PIN ENTRY VIA MOBILE DEVICE
Simplified Explanation:
This patent application describes a method for verifying e-commerce transactions at a point-of-sale using a mobile device instead of a numeric keypad on the POS device. Various technologies such as NFC, QR codes, push notifications, and executable applications are utilized for this purpose.
- Near field communication (NFC) technology is used for secure communication between the mobile device and the POS system.
- Quick response (QR) codes are generated to initiate and authenticate the transaction.
- Push notifications are sent to the mobile device to confirm the transaction.
- Executable applications on the mobile device facilitate the verification process.
Potential Applications:
This technology can be applied in retail stores, restaurants, and other businesses that use POS systems for transactions. It can also be used in online shopping platforms to enhance security and convenience for customers.
Problems Solved:
This technology addresses the need for secure and efficient transaction verification at POS systems. It eliminates the need for manual entry of payment information, reducing the risk of errors and fraud.
Benefits:
The use of mobile devices for transaction verification offers increased security, convenience, and speed. It also provides a seamless and user-friendly experience for customers.
Commercial Applications:
The commercial applications of this technology include improving the efficiency of transactions, enhancing security measures, and providing a more convenient payment experience for customers. This can lead to increased customer satisfaction and loyalty, as well as potential cost savings for businesses.
Prior Art:
Prior art related to this technology may include patents or research on mobile payment systems, NFC technology, QR code authentication, and push notification systems. Researchers can explore these areas to understand the existing knowledge and innovations in this field.
Frequently Updated Research:
Researchers and developers in the field of mobile payment systems and e-commerce technologies may be conducting ongoing research on improving transaction verification methods, enhancing security measures, and optimizing the user experience. Stay updated on the latest advancements in these areas to leverage new opportunities and innovations in the industry.
Questions about Point-of-Sale E-Commerce Transaction Verification via Mobile Device:
1. How does this technology improve the security of e-commerce transactions at POS systems? 2. What are the potential challenges in implementing this technology in different business environments?
Original Abstract Submitted
point-of-sale (pos) e-commerce transaction verification via a mobile device such as a smart phone, smart watch, tablet, pc, appliance or personal assistant rather than numeric keypad on pos device. near field communication (nfc), quick response (qr) code, push notification and executable application embodiments disclosed.
