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1. (WO2017019354) METHODS AND APPARATUS FOR PROCESSING A PAYMENT-ON-DELIVERY (POD) TRANSACTION

Pub. No.:    WO/2017/019354    International Application No.:    PCT/US2016/042751
Publication Date: Fri Feb 03 00:59:59 CET 2017 International Filing Date: Tue Jul 19 01:59:59 CEST 2016
IPC: G06Q 20/02
Applicants: MASTERCARD INTERNATIONAL INCORPORATED
Inventors: PANDEY, Anshul
Title: METHODS AND APPARATUS FOR PROCESSING A PAYMENT-ON-DELIVERY (POD) TRANSACTION
Abstract:
A computer-implemented method for processing a payment-on-delivery (POD) transaction is provided. The method comprising (a) obtaining transaction information in respect of an order placed by a cardholder with a merchant, said transaction information comprising payment account information associated with the cardholder; (b) transmitting a pre-payment authorization code associated with the order to the cardholder; (c) receiving a payment authorization request from a communication device of the cardholder, said payment authorization request having been sent upon delivery of order merchandise, wherein the payment authorization request comprises a candidate pre-payment authorization code; (d) verifying the candidate pre-payment authorization code using the pre-payment authorization code; and (e) upon successful verification, transmitting a transaction request for effecting a payment from an issuing bank associated with the payment account, the transaction request comprising the payment account information. An apparatus is also proposed.