Card-less payments and financial transactions

摘要

Payments and financial transactions are made without a physical card (and without a password). Payment information of a payer is functionally handicapped while stored in a payment user profile on a hosting payment processor server. When a payment request from a payee is received by the payment processor server, a QR-code or other machine readable information is generated for display by a payee device. Once the QR-code is scanned by the payer device, a human gesture is requested in order to unlock the payment information stored in the payment user profile. The correct human gesture reconstitutes the key (or security data) stored on the payer device, and then transmits the key to the payment processor server for reconstituting another key used to enable payment information to be used to execute the payment.

主权项

1. A computer-implemented method in a payment processor server on a network for making payment without a physical card, comprising:
responsive to receiving a payment request from the payee device, generating machine-readable information that is unique for the payment request; receiving a scan of the machine-readable information, from a payer device, to identify the payment request corresponding to the payee device; matching the payer device to payment information, wherein the payment information has been functionally handicapped to prevent normal use, wherein handicapping the digital asset comprises removing a portion of bits from the digital asset itself to prevent normal use of the digital asset; receiving a security data from the payer device that has read the machine-readable information, the security data being reconstituted by the payer device using at least a human gesture as input; reconstituting the payment information using the security data to functionally enable the payment information for normal use; satisfying the payment request of the payee from the payment information of the payer; and returning the payment information to being functionally handicapped to prevent normal use.