| abstract |
Methods and systems for processing credit transactions system include or implement the steps generating a first automated dynamic PIN (AD-PIN) unique to a request for a credit amount with a first algorithm and comparing with a second AD-PIN independently generated by a customer device using a second identical algorithm. The AD-PIN is then identically changed by both the first and second algorithms before the next transaction. The generation and exchange of AD-PINs may be conditional upon or supplemented by biometric verification of the customer identity. |