Group peer-to-peer financial transactions

• US 10,296,889 B2
• Filed: 05/03/2016
• Issued: 05/21/2019
• Est. Priority Date: 09/30/2008
• Status: Active Grant

• Current Assignee: Swedish Orphan Biovitrum AG (Swedish Orphan Biovitrum AB (publ))
• Original Assignee: Apple Inc.
• Inventors: Lin, Gloria, Mikhak, Amir Mahmood, Nakajima, Taido Lantz, Mayo, Sean Anthony, Rosenblatt, Michael
• Primary Examiner(s): Zare, Scott A
• Application Number:
  US15/145,633
• Publication Number:
  US 20160275475A1
• Time in Patent Office: 1,113 Days
• Field of Search: None
• CPC Class Codes: G06Q 20/223 based on the use of peer-to-peer networks
• CPC Class Codes: G06Q 20/3263 characterised by activation or deactivation of payment capabilities
• CPC Class Codes: G06Q 20/3278 RFID or NFC payments by means of M-devices
• CPC Class Codes: G06Q 20/405 Establishing or using transaction specific rules
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03

Abstract

Various techniques are provided for carrying out peer-to-peer financial transactions using one or more electronic devices. In one embodiment, a request for payment is transmitted from a first device to a second device using a near field communication (NFC) interface. In response to the request, the second device may transmit payment information to the first device. The first device may select a crediting account and, using a suitable communication protocol, may communicate the received payment information and selected crediting account to one or more external financial servers configured to process and determine whether the payment may be authorized. If the payment is authorized, a payment may be credited to the selected crediting account. In a further embodiment, a device may include a camera configured to obtain an image of a payment instrument. The device may further include an application to extract payment information from the acquired image.

Claims

1. A method for conducting a group transaction comprising:

acquiring by an initiator device a group invoice comprising a complete list of a plurality of group invoice items;

forming, by the initiator device, an ad hoc network of customers'"'"' devices, wherein the customers associated with the customers'"'"' devices have a potential payment obligation for a portion of the group invoice, the ad hoc network including the initiator device connected for reconciling the group invoice;

transmitting, by way of the ad hoc network, the group invoice to each of the customers'"'"' devices in the ad hoc network;

receiving an apportionment of the group invoice items to at least a plurality of the customers;

updating the group invoice, wherein updating the group invoice includes listing the identity of the customer assigned to each partial invoice of a plurality of partial invoices, wherein the plurality of partial invoices are determined based on the received apportionment of the group invoice items; and

collecting by the initiator device, a payment for the each of the partial invoices based on payment information received from the respective customer device.

2. The method of claim 1, wherein acquiring the group invoice comprises receiving the group invoice using a communication interface on the initiator device, the communication interface being configured to establish a communication path with a communication interface on a vendor device.

3. The method of claim 2, wherein the communication interface on the initiator device comprises an NFC interface, and wherein the communication path comprises an NFC path established by an NFC tap operation between the initiator device and the vendor device.

4. The method of claim 2, further comprising:

paying an entirety of the group invoice, wherein settling the entirety of the group invoice comprises;

determining a payment account stored on the initiator device; and

transmitting payment information to the vendor device using the communication interface, the payment information including the determined payment account, the vendor device being configured to transmit the payment information to at least one external server configured to authorize a payment to satisfy the group invoice using the determined payment account.

5. The method of claim 1, wherein collecting a payment comprises:

acquiring the payment information from an electronic device of a group member, the payment information including a payment account selected by the group member.

6. The method of claim 5, further comprising:

transmitting the payment information to at least one external server to obtain authorization to receive a payment made from the payment account.

7. The method of claim 5, wherein acquiring the payment information from the electronic device of a group member comprises receiving the payment information using a communication interface.

8. The method of claim 5, wherein acquiring the payment information comprises:

acquiring an image of a payment instrument; and

processing the acquired image to extract payment information data.

9. The method of claim 5, wherein the payment account comprises a credit card account, a bank account, or a non-cash account.

10. A system for conducting a group transaction, the system comprising an initiating handheld electronic device configured to:

establish a communication path with a communication interface of a vendor device and to acquire a group invoice from the vendor device through the communication path, wherein the group invoice comprises a complete list of a plurality of items on the group invoice;

initiate formation of an ad hoc network of customers'"'"' devices, wherein the customers have a potential payment obligation for a portion of the group invoice, the ad hoc network including the initiating handheld electronic device connected for reconciling the group invoice;

transmit, by way of the ad hoc network, the group invoice to each of the customers'"'"' devices;

receive an apportionment of the group invoice items to at least a plurality of the customers;

update the group invoice, wherein updating the group invoice includes listing the identity of the customer device assigned to each partial invoice of a plurality of partial invoices, wherein the plurality of partial invoices are determined based on the received apportionment of the group invoice items; and

collect a payment for each of the partial invoices by receiving payment information for each of respective group members.

11. The system of claim 10, wherein the communication interface of the initiating handheld electronic device comprises an NFC interface, and wherein the communication path comprises an NFC path.

12. The system of claim 10, wherein the initiating handheld electronic device is configured to update the group invoice that is provided to each group member as one or more partial invoices are settled by group members, the updating of the group invoice resulting in displaying on the customers'"'"' devices which group member settled their assigned partial invoice.

13. The system of claim 10, wherein the initiating handheld electronic device is configured to determine a crediting account for receiving the payment from an electronic device of a group member and wherein the payment information includes at least one payment account selected using the electronic device of the group member.

14. The system of claim 13, wherein the payment information is received on the initiating handheld electronic device.

15. The system of claim 13, wherein the initiating handheld electronic device is further configured to transmit the payment information to at least one external server configured to authorize, based upon acquired payment information, a payment corresponding to a partial invoice, wherein the payment is credited to the crediting account if the payment is authorized by the at least one external server.

16. The system of claim 15, wherein the at least one external server comprises at least one of a credit card server, a bank server, or an external server associated with a non-cash account.

17. A handheld electronic device comprising:

a processor;

at least one communication interface configured to initiate formation of an ad hoc network of customers'"'"' devices; and

a memory device communicatively coupled to the processor and configured to store a transaction application executable by the processor, wherein the transaction application is configured to;

receive from a vendor device, a group invoice including a plurality of individual group invoice items and respective costs,

initiate formation of the ad hoc network between the handheld electronic device and a plurality of customers'"'"' devices, wherein the customers have a potential payment obligation for a portion of the group invoice, the ad hoc network of customers'"'"' devices including the electronic device;

update, in real time, the group invoice provided to the customers'"'"' devices as the individual group invoice items are apportioned to group members.

18. The handheld electronic device of claim 17, wherein the transaction application is further configured to determine a crediting account for receiving the payment from the electronic device of a group member, wherein the crediting account is determined based upon one or more inputs provided by a user of the handheld electronic device.

19. The handheld electronic device of claim 18, wherein the transaction application is configured to determine the crediting account based upon a previous configuration performed by a user of the handheld electronic device.

20. The handheld electronic device of claim 18, wherein the transaction application is configured to determine crediting account by displaying a listing of crediting account information stored on the handheld electronic device in response to a request by a user of the handheld electronic device and to select a crediting account from the listing based upon a selection input received from the user of the handheld electronic device.