Patent ID: 9021571
Filing Date: 2015-04-28
Classification: G06F,G06Q,G07F,H04L,H04W

Abstract:
1. A method for processing a data transfer related to a data-storing card that stores card-specific data and a card account number, said method to be implemented using a data transferring system and comprising: (A) when the data-storing card is coupled to an electronic device of the data transferring system, accessing, by the electronic device, the card-specific data and the card account number from the data-storing card; (B) generating, by the electronic device, a device-generated authentication number associated with the data transfer; (C) transmitting, by the electronic device, the card account number, the card-specific data and the device-generated authentication number to a network platform of the data transferring system; (D) receiving, by a portable device of the data transferring system, an inputted authentication number; (E) transmitting, by the portable device, the inputted authentication number to the network platform; (F) comparing, by the network platform, the inputted authentication number and the device-generated authentication number; and (G) when the inputted authentication number is deemed to correspond with the device-generated authentication number, transmitting, by the network platform, to-be-transferred data which is derived from the card-specific data, to the portable device.