Mastercard Incorporated
Methods, systems and computer program products for transaction authentication

Abstract:

The invention relates to methods and systems for reducing user interventions necessary for authentication of electronic payment transactions. In an embodiment the invention comprises (i) receiving from a POS terminal a payment transaction request, and information identifying a first payment card for implementing the payment transaction request, (ii) receiving from a wireless access point, information corresponding to a set of payment cards enrolled with a mobile payment wallet implemented on said mobile communication device, (iii) determining whether received information corresponding to the first payment card matches received information corresponding to any payment card within the set of payment cards enrolled with the mobile payment wallet, and (iv) implementing the requested payment transaction based on the first payment card.