Fraud Deterrence for Payment Card Transactions

摘要

Systems and methods are described for providing fraud deterrents during payment card transactions especially for e-commerce and e-transactions. Fraud deterrents may be selected and configured by a client, bank, or other third-party and provided to a client in customized manners which may be configured on a client's authorized device Or otherwise as defined in an e-profile associated with a payment card. Fraud deterrent options may be contingent upon transaction features including a client's profile, transaction value, or other preferences. The deterrent features may be customized by the client and include use of conceptual passwords.

主权项

1. A method of facilitating fraud detection in payment processing, said method comprising:
based on a payment card transaction request to be remotely electronically authorized by at least one processor of an E-FFT payment card transaction server computer, obtaining information relating to the payment card transaction request by a client device associated with an e-profile, the client device having a processor configured for operating according to rules defined by an e-profile that is associated with the payment card; obtaining, by the client device access to client data associated with an e-profile, the access being provided by an application installed on the client device for use in electronic transaction processing and authorization determination associated with a payment card, wherein the access by the application to the e-profile data is controlled by client-based rules and preferences of the client and comprises the application accessing the e-profile of the client, and wherein the e-profile data remains unknown to the at least one server computer of a payment card processing entity; evaluating, using the information associated with an e-profile, a set of one or more rules associated with the e-profile according to preferences available on the client device, the evaluating to determine whether the payment card transaction is to be electronically authorized, and the evaluating using the personal data provided to the client device and to which access is provided for determining whether the payment card transaction is to be electronically authorized, wherein the application is configured for receiving an payment request from the E-FFT payment card transaction server computer, the request comprising information related to the payment card transaction, and performing the evaluation based upon the transaction request and where the evaluating corpares at least some of the information relating to the pay ent card transaction to at least some of the e-profile data according to the e-profile rules; and, providing based upon the evaluating, in response to the request by least the server computer of a payment card processing entity, an indication of whether the payment card transaction is to be at least one of electronically authorized or rejected.