Patent ID: 7844550
Filing Date: 2010-11-30
Classification: G06Q

Abstract:
1. A method for generating a single-use financial account identifier, the method comprising: determining a first data element, specific to an account holder associated with an account number; determining a second data element, specific to an account issuer; generating a single-use financial account identifier for authorizing a purchase, the single-use financial account identifier having the same number of digits as the account number; receiving, from a merchant by a central processor, the single-use financial account identifier having the same number of digits as the account number; determining, by the central processor, that the single-use financial account identifier having the same number of digits as the account number is valid; and identifying, by the central processor, the account number associated with the account holder based on the single-use financial account identifier having the same number of digits as the account number.