SYSTEMS AND METHODS FOR AUTHENTICATION OF AN ENTITY

摘要

A method and system for remote authentication of a first entity by a second entity is provided. The method involves the second entity conveying at least a registration web link to the e-mail address of a first entity; processing a transaction amount on a payment card of the first entity using the payment card number of the first entity; and processing at least two (2) payment card refund transaction amounts on a payment card acceptance account of the first entity. The method also involves receiving information on the registration web link from the first entity, the information including the amounts of the at least two (2) payment card refund transactions obtained by the first entity from an acquiring bank of the first entity; and verifying that the amounts of the at least two (2) payment card refund transactions processed by the second entity match with the amounts of the at least two (2) payment card refund transactions obtained by the first entity from the acquiring bank of the first entity.

主权项

1. A method for an entity to authenticate a merchant in order for the entity to conduct an online transaction with the merchant, said method comprising:
receiving information from the merchant concerning the merchant, said information comprising at least an e-mail address of the merchant and a payment card number of the merchant; conveying at least a registration web link to the e-mail address of the merchant; processing a transaction amount on a payment card of merchant using the payment card number of the merchant; processing at least two (2) payment card refund transaction amounts on a payment card acceptance account of the merchant; receiving information on the registration web link from the merchant, said information including the amounts of the at least two (2) payment card refund transactions obtained by the merchant from an acquiring bank of the merchant; and verifying that the amounts of the at least two (2) payment card refund transactions processed on the payment card acceptance account of the merchant match with the amounts of the at least two (2) payment card refund transactions obtained by the merchant from the acquiring bank of the merchant.