System and method for cashless peer-to-peer payment

• US 10,210,497 B2
• Filed: 04/06/2011
• Issued: 02/19/2019
• Est. Priority Date: 04/06/2011
• Status: Active Grant

• Current Assignee: Ondot Systems, Inc. (Fiserv Incorporated)
• Original Assignee: Ondot Systems, Inc. (Fiserv Incorporated)
• Inventors: Bharghavan, Vaduvur, Malinen, Jari, Singh, Rajinder, Fieldman, Jason, Ahlawat, Rachna, Konath, Kannan, Gilotra, Sandeep
• Primary Examiner(s): Poinvil, Frantzy
• Application Number:
  US13/080,895
• Publication Number:
  US 20120259779A1
• Time in Patent Office: 2,876 Days
• Field of Search: 705 3- 44
• CPC Class Codes: G06Q 20/22 Payment schemes or models

Abstract

A method for a server performing a wireless payment transaction is disclosed. The method comprises providing a server web page or native application including options for a user selecting a role as payer or payee; requesting information from the payee including a transaction ID provided by the server; requesting information from the payer including the transaction ID; initiating an authorization of the transaction on a credit or debit account of the payer; initiating a transaction to credit the payee'"'"'s account; and completing the transaction with the payer by initiating the offline clearing of the transaction.

Claims

1. A computer-implemented method performed by a server device on a data communication network, said method for maintaining a status for an asynchronously-initiated transaction for display to wireless devices making a group payment without requiring user accounts from members of a group, the transaction concerning a wireless and cashless peer-to-peer payment transaction conducted ad hoc from devices on the wireless data communication network, the method of the server device comprising the steps of:

responsive to a payee accessing a webpage and selecting a payee role for the group and a payment manner, generating, with a processor of the server device, a group transaction ID (identification) for initiating the group payment transaction on behalf of a payee device of the payee to a payer device of a payer as a first step, wherein the group transaction ID is reserved by the server for a predetermined amount of time to facilitate an asynchronous payment by the group members, and wherein neither the payee nor payers maintain accounts with the server device;

receiving, through a communication interface of the server coupled to the wireless data communication network, a first information from the payee device including the group transaction ID as a second step via at least one of the webpage and the native application, wherein said first information is to facilitate payment from the payer device but does not include information relating to a payer associated with the payer device;

determining, with the processor, that the group transaction ID from the first information matches the group transaction ID from a second information;

responsive to the determined match, initiating an authorization of the transaction from the server through an external payment infrastructure on a credit or debit account of the payer, and initiating a transaction to credit a payee'"'"'s account from the server through the external payment infrastructure while maintaining the webpage or the native application as active until the transaction is completed;

receiving, at the server from the external payment infrastructure, a result of the authorization;

receiving, at the server from the payee device through the communication interface, after the step of initiating the transaction, the transaction ID via at least one of said webpage and said native application; and

notifying a status of the transaction, as reported by the external payment infrastructure, to the payer device, without requiring an account with the server device.

2. The method of claim 1, wherein the group transaction ID is provided to the payer by the payee.

3. The method of claim 1, wherein initiating the authorization of the transaction comprises initiating a financial authorization request including a transaction amount and a transaction fee.

4. The method of claim 3, wherein initiating the authorization of the transaction further comprises sending the authorization request to a card issuer for authorization.

5. The method of claim 1, wherein initiating the transaction to credit the payee'"'"'s account comprises crediting the transaction amount to the payee'"'"'s account.

6. The method of claim 1, further comprising notifying the payer and payee, and aborting the transaction, if the transaction is declined by the issuer or is determined to be incomplete.

7. The method of claim 6, wherein the payer is not charged if a credit account is used because the server does not initiate the clearing of the transaction.

8. The method of claim 6, further comprising reversing the transaction amount to the payer if a debit card is used.

9. The method of claim 1, wherein the first information requested from the payee further comprises card type, card number, expiration date, and 3-digit security code or PIN (personal identification number).

10. The method of claim 1, wherein the second information requested from the payer further comprises card type, card number, expiration date, 3-digit security code or PIN (personal identification number), and transaction amount.

11. The method of claim 1, further comprising storing the requested first information and second information from the payee and payer respectively, in a cookie at both the payer and payee to allow subsequent pre-population of the information.

12. A non-transitory, computer-readable medium, storing instructions that, when executed by a processor, perform a method in a server device on a data communication network, the method for facilitating maintaining a status for an asynchronously-initiated transaction for display to wireless devices making a group payment without requiring user accounts from members of a group, the transaction concerning a wireless and cashless peer-to-peer payment transaction conducted ad hoc from devices on the wireless data communication network, the method of the server comprising the steps of:

responsive to a payee accessing a webpage or a native application and selecting a payee role for the group and a payment manner, generating, with a processor of the server device, a group transaction ID (identification) for initiating the group payment transaction on behalf of a payee device of the payee to a payer device of a payer as a first step, wherein the group transaction ID is reserved by the server for a predetermined amount of time to facilitate an asynchronous payment by the group members, and wherein neither the payee nor payers maintain accounts with the server device;

receiving, through a communication interface of the server coupled to the wireless data communication network, a first information from the payee device including the group transaction ID as a second step via at least one of the webpage and the native application, wherein said first information is to facilitate payment from the payer device but does not include information relating to a payer associated with the payer device;

determining, with the processor, that the group transaction ID from the first information matches the group transaction ID from a second information;

responsive to the determined match, initiating an authorization of the transaction from the server through an external payment infrastructure on a credit or debit account of the payer, and initiating a transaction to credit a payee'"'"'s account from the server through the external payment infrastructure while maintaining the webpage or the native application as active until the transaction is completed;

receiving, from the external payment infrastructure, a result of the authorization;

receiving, from the payee device through the communication interface, after the step of initiating the transaction, the transaction ID via at least one of said webpage and said native application; and

notifying a status of the transaction, as reported by the external payment infrastructure, to the payer device, without requiring an account with the server device.