System and method for a private and secure payment system using a merchant sales terminal

• US 10,083,425 B2
• Filed: 12/17/2010
• Issued: 09/25/2018
• Est. Priority Date: 01/15/2002
• Status: Expired due to Fees

• Current Assignee: Sales Transaction Systems LLC (Internet Promise Group LLC)
• Original Assignee: Tara Chand Singhal
• Inventors: Singhal, Tara Chand
• Primary Examiner(s): OYEBISI, OJO O
• Application Number:
  US12/928,727
• Publication Number:
  US 20110153440A1
• Time in Patent Office: 2,839 Days
• Field of Search: 705 9, 705 10, 705 26, 705 8, 705 35, 705 64, 705 40
• CPC Class Codes: G06Q 20/02 involving a neutral party, e.g. certification authority, notary or trusted third party [TTP]
• CPC Class Codes: G06Q 20/023 the neutral party being a clearing house
• CPC Class Codes: G06Q 20/04 Payment circuits
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 20/102 Bill distribution or payments
• CPC Class Codes: G06Q 20/1085 involving automatic teller machines [ATMs]
• CPC Class Codes: G06Q 20/12 specially adapted for electronic shopping systems
• CPC Class Codes: G06Q 20/14 specially adapted for billing systems
• CPC Class Codes: G06Q 20/20 Point-of-sale [POS] network systems
• CPC Class Codes: G06Q 20/24 Credit schemes, i.e. "pay after"
• CPC Class Codes: G06Q 20/32 using wireless devices
• CPC Class Codes: G06Q 20/322 Aspects of commerce using mobile devices [M-devices]
• CPC Class Codes: G06Q 20/3227 using secure elements embedded in M-devices
• CPC Class Codes: G06Q 20/327 Short range or proximity payments by means of M-devices
• CPC Class Codes: G06Q 20/382 insuring higher security of transaction
• CPC Class Codes: G06Q 20/385 using an alias or single-use codes
• CPC Class Codes: G06Q 20/40 Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
• CPC Class Codes: G06Q 20/4014 Identity check for transactions
• CPC Class Codes: G06Q 20/403 Solvency checks
• CPC Class Codes: G07F 19/203 Dispensing operations within ATMs dispensing in general G07D11/00

Abstract

A secure payment system between a customer and a merchant, where the sales terminal wirelessly transmits a partial payment authorization transaction record including, at least a merchant terminal identification and a payment amount, but not a customer bankcard data, for a specific sales transaction, to a wireless device of the customer. Alternatively, the sales terminal displays a partial payment authorization transaction record including, at least a merchant terminal identification and a payment amount, but not a customer bankcard data, for a specific sales transaction, for the displayed record to be captured by a wireless device of the customer.

Claims

1. A secure payment system between a customer and a merchant, comprising:

a merchant sales terminal;

in an embodiment, the sales terminal pursuant to a sales transaction does not receive bankcard data and instead assembles a partial payment authorization record without the bankcard data and sends wirelessly to a wireless device of the customer physically present in the immediate vicinity of the sales terminal;

the sales terminal wirelessly transmits the partial payment authorization transaction record including, at least a merchant terminal identification and a payment amount, but not a customer bankcard data, for a specific sales transaction, to the mobile wireless device of the customer, wherein the wireless transmission of the partial payment authorization record to the customer wireless device by the sales terminal facilitates a payment to the merchant without the merchant receiving bankcard data into the sales terminal.

2. The secure payment system as in claim 1, comprising:

the transaction record is used to facilitate a secure payment transaction to the merchant from the customer via the customer wireless device.

3. The secure payment system as in claim 1, comprising:

the merchant terminal identification includes a merchant identification, optionally a store identification and further optionally a sales terminal within the store identification.

4. The secure payment system as in claim 1, comprising:

the wireless transmission from the terminal is an optical infrared transmission.

5. The secure payment system as in claim 1, comprising:

the wireless transmission from the terminal is a radio frequency transmission.

6. The secure payment system as in claim 1, comprising:

the wireless transmission from the sales terminal is in a narrow beam enabling only a wireless device of the customer to receive the transmission, where a payment transaction is in a store of the merchant.

7. The secure payment system as in claim 1, comprising:

the sales terminal receives a payment approval record from a card-issuing bank for the specific sales transaction to the specific sales terminal that created the partial payment transaction record.

8. A secure payment system between a customer and a merchant, comprising:

a merchant sales terminal;

in an embodiment, the sales terminal pursuant to a sales transaction does not receive bankcard data and instead assembles a partial payment authorization record without the bankcard data and displays on a display screen of the terminal to a customer physically present in the immediate vicinity of the sales terminal;

the sales terminal displays on the display screen of the terminal the partial payment authorization transaction record including, at least a merchant terminal identification and a payment amount, but not a customer bankcard data, for a specific sales transaction, wherein the display of the partial payment authorization record by the sales terminal facilitates a payment to the merchant for the sales transaction without the merchant receiving bankcard data into the sales terminal.

9. The secure payment system as in claim 8, comprising:

the display facilitates, for a wireless device of the customer, to read the partial transaction record to facilitate a secure payment transaction to the merchant from the customer via the customer wireless device.

10. The secure payment system as in claim 8, comprising:

the partial transaction record is displayed as a data in a display screen attached to the sales terminal, for a wireless device to be able to read it from the screen.

11. The secure payment system as in claim 8, comprising:

the partial transaction record is displayed as a data encoded as a bar code in a display screen attached to the sales terminal, for a wireless device to be able to read it from the screen.

12. The secure payment system as in claim 8, comprising:

the sales terminal receives a payment approval record from a bankcard-issuing bank for the specific sales transaction to the specific sales terminal that created the partial payment transaction record.

13. A secure payment system between a customer and a merchant, comprising:

a merchant sales terminal;

in an embodiment, the sales terminal pursuant to a sales transaction does not receive bankcard data and instead assembles a partial payment authorization record without the bankcard data and sends wirelessly to a wireless device of the customer physically present in the immediate vicinity of the sales terminal;

the sales terminal wirelessly transmits the partial payment authorization transaction record including, at least a merchant terminal identification and a payment amount, but not a customer bankcard data, for a specific sales transaction, to the mobile wireless device of the customer, wherein the wireless transmission of the partial payment authorization record to the customer wireless device by the sales terminal facilitates a payment to the merchant without the merchant receiving bankcard data into the sales terminal; and

in an another embodiment, the sales terminal pursuant to a sales transaction does not receive bankcard data and instead assembles a partial payment authorization record without the bankcard data and displays on a display screen of the terminal to the customer physically present in the immediate vicinity of the sales terminal;

the sales terminal displays on the display screen of the terminal the partial payment authorization transaction record including, at least a merchant terminal identification and a payment amount, but not a customer bankcard data, for a specific sales transaction, wherein the display of the partial payment authorization record by the sales terminal facilitates a payment to the merchant for the sales transaction without the merchant receiving bankcard data into the sales terminal.

14. The secure payment system as in claim 13, comprising:

the partial transaction record is used to facilitate a secure payment transaction to the merchant from the customer via the customer wireless device.

15. The secure payment system as in claim 13, comprising:

the wireless transmission from the sales terminal is one from a group of, an optical infrared transmission, and a radio frequency transmission.

16. The secure payment system as in claim 13, comprising:

the partial transaction record is displayed as a data in manner from a group of (i) in a display screen attached to the sales terminal, for a wireless device to be able to read it from the screen, (ii) as a data encoded as a bar code in a display screen attached to the sales terminal, for a wireless device to be able to read it from the screen.

17. The secure payment system as in claim 13, comprising:

the sales terminal receives a payment approval record from a bankcard-issuing bank for the specific sales transaction to the specific sales terminal that created the partial payment authorization record.

18. A method of a secure payment system between a customer and a merchant, comprising the steps of:

a. providing a sales terminal with an ability to send a partial payment authorization data for a sales transaction wirelessly to a wireless device of the customer physically present in the immediate vicinity of the sales terminal and also providing the sales terminal with a display screen with an ability to display the partial payment authorization data for a sales transaction to the customer physically present in the immediate vicinity of the sales terminal;

b. receiving by the sales terminal not the bankcard data of the customer and instead creating by the merchant sales terminal the partial payment authorization transaction record including, at least a merchant terminal identification and a payment amount, but not a customer bankcard data;

c. sending by the merchant sales terminal, the partial payment authorization transaction record, for a specific sales transaction, to the mobile wireless device of the customer by a short distance wireless transmission or by displaying on the display screen of the sales terminal for reading by the mobile device, wherein the sales terminal facilitates a payment to the merchant for the sales transaction without the merchant receiving bankcard data into the sales terminal.

19. The method of secure payment system as in claim 18, comprising the steps of:

making available by the sales terminal, the partial payment authorization transaction record, to the wireless device by one or both of methods of (i) transmitting wireless from the sales terminal to the wireless device and (ii) displaying by the sales terminal on a display for reading by the wireless device.

20. The method of secure payment system as in claim 19, comprising the steps of:

transmitting wirelessly, by the sales terminal, by one of a method from a group of, transmitting by an optical infrared transmission and transmitting by a radio frequency transmission.

21. The method of secure payment system as in claim 19, comprising the steps of:

displaying the partial transaction record as a data in method from a group of (i) attaching a display screen to the sales terminal for a wireless device to be able to read it from the screen, (ii) displaying as a data encoded as a bar code in a display screen attached to the sales terminal, for a wireless device to be able to read it from the screen.

22. The method of secure payment system as in claim 18, comprising the steps of:

receiving by the sales terminal a payment approval record, from a card-issuing bank for the specific sales transaction to a specific sales terminal that created the partial payment transaction record.