Abstract: Techniques for funding an electronic purse (e-purse) are disclosed. According to one aspect of the invention, a mechanism is provided to enable a portable device to conduct transactions over an open network with a payment server without compromising security. In one embodiment, a device is loaded with an e-purse manager. The e-purse manager is configured to manage various transactions and functions as a mechanism to access an e-purse therein. The e-purse is funded by interactions among the e-purse manager, a payment server and a financial institution (its server) that maintains an account therefor.
Type:
Grant
Filed:
February 18, 2012
Date of Patent:
May 28, 2013
Assignees:
Rich House Global Technology Ltd., RFCyber Corp.
Inventors:
Liang Seng Koh, Futong Cho, Hsin Pan, Fuliang Cho
Abstract: Techniques for portable devices functioning as an electronic purse (e-purse) are disclosed. According to one aspect of the invention, a mechanism is provided to enable a portable device to conduct transactions over an open network with a payment server without compromising security. In one embodiment, a device is loaded with an e-purse manager. The e-purse manager is configured to manage various transactions and functions as a mechanism to access an emulator therein. The transactions may be conducted over a wired network or a wireless network. A three-tier security model is contemplated to support the security of the transactions from the e-purse. The three-tier security model includes a physical security, an e-purse security and a card manager security, concentrically encapsulating one with another. Security keys (either symmetric or asymmetric) are personalized within the three-tier security model.
Type:
Grant
Filed:
September 24, 2006
Date of Patent:
February 21, 2012
Assignees:
Rich House Global Technology Ltd., RFCyber Corp.
Inventors:
Liang Seng Koh, Futong Cho, Hsin Pan, Fuliang Cho