Patent ID: 7431207
Filing Date: 2008-10-07
Classification: G06Q

Abstract:
1. A method for processing a commercial transaction comprising: submitting a card payment request to a merchant; initiating a communication between a cardholder submitting the card payment request and an authorization computer of an issuer; receiving an authorization request from said merchant in response to said card payment request; authenticating an identity of said cardholder using information received from said cardholder, said authenticating including matching said information received from said cardholder with a corresponding predetermined stored value and generating an authentication score representing a relative reliability of the identity of the cardholder based on the information from said cardholder; matching the authorization request to said cardholder; authorizing the authorization request and, if the authorization request is approved, generating a private payment number; and issuing an authorization confirmation including the authorization score and the private payment number to said merchant upon authorizing the authorization request.