Patent ID: 11880815
Assignee: VISA INTERNATIONAL SERVICE ASSOCIATION
Field: IT methods for management (Electrical engineering)
Classification: CPC G  H | IPC G  H

Claim 7:
8. A mobile device comprising:
a processor, and a non-transitory computer readable medium coupled to the processor, the non-transitory computer readable medium storing executable instructions that, when executed by the processor, cause the processor to perform the steps of:
downloading an application;
installing the application on the mobile device;
receiving payment data;
downloading a verification token along with the application, wherein the verification token indicates that payment transactions conducted by the mobile device are to be processed as card present payment transactions by a server computer;
storing, the verification token and the payment data;
requesting a card verification value through the application, the request including the verification token;
receiving an encrypted card verification value in response to requesting the card verification value;
decrypting the encrypted card verification value using a private key stored on the mobile device to obtain a decrypted card verification value;
transmitting, to an access device, the payment data and the decrypted card verification value during a payment transaction, wherein the payment transaction initiated by the mobile device qualifies as a card present transaction based on presence of the decrypted card verification value obtained in part using the verification token and despite missing data obtained from a chip during card present transactions; and
receiving an indicator indicating that the payment transaction is approved by the server computer.