Anti-fraud financial transactions system

Abstract

A method for conducting a transaction with a consumer device includes receiving user input selecting a store as a party to the transaction with a consumer associated with the consumer device. The method also includes transmitting, to the account computer system, first identification information of the store and second identification information of the consumer device. The method further includes receiving, from the account computer system, a passcode based on transmitting the first identification information of the store. The method also includes receiving, from the account computer system, a payment amount due. The method still further includes transmitting the passcode to the store to finalize the transaction.

CPC Classifications