System and method for establishing a payment mechanism with a plurality of merchants

• US 10,163,092 B2
• Filed: 06/03/2015
• Issued: 12/25/2018
• Est. Priority Date: 08/18/2007
• Status: Active Grant

• Current Assignee: Expensify Incorporated
• Original Assignee: Expensify Incorporated
• Inventors: Barrett, David M.
• Primary Examiner(s): Obaid, Fateh M
• Application Number:
  US14/730,155
• Publication Number:
  US 20150269561A1
• Time in Patent Office: 1,301 Days
• Field of Search: None
• CPC Class Codes: G06Q 20/28 Pre-payment schemes, e.g. "pay before"

Abstract

A network service operates to initialize and link a card instrument to a merchant or merchant location, so that the merchant can receive funds the service. One or more requests are detected to use the card instrument for one or more transactions, where each transaction involves a corresponding customer who has registered a customer funding account with the network service. For each of the transactions, a merchant account is funded using a funding account of the card instrument.

Claims

1. A computing system implementing a network transaction service, the computing system comprising:

a network communication interface establishing wireless network connections with (i) a service application executing on computing devices of users of the network transaction service, and (ii) point-of-sale (POS) terminals of merchants;

a memory including;

a first data structure storing (i) card identifiers each associated with a prepaid card of a plurality of prepaid cards, and (ii) merchant identifiers each associated with a merchant location at which a corresponding prepaid card, of the plurality of prepaid cards, physically resides;

a second data structure (i) listing a user identifier for each user in a population of users of the network transaction service, and (ii) associating a communication identifier with the user, the communication identifier identifying a communication medium through which the user receives communications, and (iii) associating a customer account of the user with the communication identifier; and

one or more processors executing instructions stored in the memory, wherein the instructions, when executed by the one or more processors, cause the computing system to;

receive, via the network communication interface over a wireless network connection with the service application executing on a computing device of a given user, a customer data set based on a transaction by the given user at a current merchant location of a given merchant, the customer data set comprising (i) a given user identifier from the second data structure, and (ii) location data from a positioning system of the computing device indicating that the given user is located at the current merchant location of the given merchant;

from the first data structure, determine the merchant identifier of the current merchant location and, based on the merchant identifier, determine the card identifier of a prepaid card residing at the current merchant location;

fund, from a shared funding source of the network transaction service, a funding account of the prepaid card residing at the current merchant location;

receive, via the network communication interface over a wireless network connection with a POS terminal at the current merchant location, a transaction data set including an amount of the transaction;

access the funding account of the prepaid card to confirm that the given merchant has processed the amount of the transaction;

using the user identifier of the given user, determine (i) the communication identifier of the given user from the second data structure, and (ii) the communication medium through which the given user receives communications;

transmit, via the network communication interface over the communication medium through which the given user receives communications, a communication to the service application executing on the computing device of the given user, the communication identifying the amount of the transaction; and

in response to the given user providing a confirmation action, access the customer account of the given user to transfer the amount of the transaction from the customer account to the shared funding source of the network transaction service.

2. The computing system of claim 1, wherein the executed instructions cause the computing system to fund the funding account of the prepaid card by executing a transaction-specific deposit into the funding account of the prepaid card at the current merchant location for a designated amount.

3. The computing system of claim 2, wherein the executed instructions cause the computing system to withdraw an unused portion of the transaction-specific deposit from the funding account of the prepaid card upon confirming that the given merchant has processed the amount of the transaction.

4. The computing system of claim 3, wherein the designated amount of the transaction-specific deposit is based on at least one of a profile of the given user identified by the customer data set or a profile of the given merchant identified by the transaction data set.

5. The computing system of claim 1, wherein the executed instructions cause the computing system to process the confirmation action of the given user by performing one or more of (i) electronically signing a receipt for the transaction, (ii) supplementing the amount of the transaction with an additional amount, or (iii) providing input that confirms the transaction.

6. The computing system of claim 5, wherein executed instructions cause the computing system to use the communication identifier associated with the given user to transmit an image of a receipt for the transaction, the receipt being created at the current merchant location.

7. The computing system of claim 1, wherein the first data structure also associates the card identifier of each respective one of the plurality of prepaid cards with one or more check values which indicate a state of the respective prepaid card as being at least one of activated or awaiting activation.

8. The computing system of claim 1, wherein the first data structure associates each respective merchant identifier with a POS identifier indicating a specified POS terminal utilized to perform payment processing using the corresponding prepaid card residing at the merchant location corresponding to the respective merchant identifier.

9. The computing system of claim 1, wherein the first data structure associates each respective merchant identifier with a geographic location of the merchant location corresponding to the respective merchant identifier.

10. The computing system of claim 1, wherein the executed instructions cause the computing system to implement one or more security operations, for each respective prepaid card, the one or more security operations precluding use of the respective prepaid card at any location other than the merchant location at which the respective prepaid card resides.

11. The computing system of claim 1, wherein the plurality of prepaid cards are distributed to merchant locations throughout a geographic region.

12. The computing system of claim 1, wherein the first data structure further stores (iii) one or more communication identifiers associated with each respective prepaid card of the plurality of prepaid cards.

13. The computing system of claim 12, wherein the one or more communication identifiers includes a telephone number of a merchant location at which the respective prepaid card resides.

14. The computing system of claim 13, wherein the telephone number is associated with a mobile computing device of either a proprietor or an employee at the merchant location at which the respective prepaid card resides.