Peer-to-peer financial transaction devices and methods

• US 10,380,573 B2
• Filed: 09/30/2008
• Issued: 08/13/2019
• Est. Priority Date: 09/30/2008
• Status: Active Grant

• Current Assignee: Apple Inc.
• Original Assignee: Apple Inc.
• Inventors: Lin, Gloria, Mikhak, Amir Mahmood, Nakajima, Taido Lantz, Mayo, Sean Anthony, Rosenblatt, Michael
• Primary Examiner(s): Subramanian, Narayanswamy
• Application Number:
  US12/286,488
• Publication Number:
  US 20100082481A1
• Time in Patent Office: 3,969 Days
• Field of Search: 705 35- 41
• CPC Class Codes: G06Q 20/042 characterized in that the payment protocol involves at least one cheque
• CPC Class Codes: G06Q 20/105 involving programming of a portable memory device, e.g. IC cards, "electronic purses"
• CPC Class Codes: G06Q 20/223 based on the use of peer-to-peer networks
• 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 20/326 Payment applications installed on the mobile devices
• CPC Class Codes: G06Q 20/3278 RFID or NFC payments by means of M-devices
• 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 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: H04L 63/0492 by using a location-limited connection, e.g. near-field communication or limited proximity of entities
• CPC Class Codes: H04L 63/0853 using an additional device, e.g. smartcard, SIM or a different communication terminal cryptographic mechanisms or cryptographic arrangements for entity authentication involving additional secure or trusted devices H04L9/3234

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 receiving a payment in a peer-to-peer transaction between a payee and a payor comprising:

determining, using a processor of a payee handheld electronic device, an amount of a payment to be requested from the payor in response to a first input provided by the payee to a peer-to-peer transaction application executed on the payee handheld electronic device by the processor;

using the processor of the payee handheld device to cause an electronic payment request to be transmitted, via a near field communication-based wireless communication link between the payee handheld electronic device and the payor, from a communication interface of the payee handheld electronic device to the payor, wherein the electronic payment request is configured to indicate the requested payment amount to the payor;

acquiring, via the near field communication-based wireless communication link, payment information provided by the payor, the payment information comprising a default payment account selected by the payor in response to the electronic payment request, and wherein acquiring the payment information comprises acquiring an image of a payment instrument and extracting payment information data from the acquired image;

determining, using the processor of the payee handheld electronic device, a default crediting account for receiving the payment; and

transmitting, via a wireless communication link that is different from the near field communication-based wireless communication link, a request from the payee handheld electronic device to obtain authorization for the payment of the requested payment amount from the payor to the payee, wherein transmitting the request to obtain authorization for the payment, comprises transmitting the default payment account and the default crediting account from the payee handheld electronic device to at least one external server that is separate from both the payee handheld electronic device and the payor handheld electronic device, the at least one external server being further configured to determine whether the default payment account and the default crediting account are compatible;

receiving, from the external server, a notification indicating whether the default crediting account of the payee handheld electronic device and the default payment account of the payor handheld electronic device are compatible with one another;

in accordance with a determination, based on the notification, that the default payment account and the default crediting account are compatible with one another;

displaying an indication that the electronic payment request has been successfully completed; and

in accordance with a determination, based on the notification, that the default payment account and the default crediting account are incompatible with one another;

displaying an indication that the electronic payment request has not been successfully completed; and

while displaying the indication that the electronic payment request has not been successfully completed, receiving, using an interface element of the payee handheld electronic device, a selection of an alternative crediting account that is compatible with the default payment account, wherein the at least one external server is further configured to authorize the payment from the default payment account and to credit the payment to the alternative crediting account if the payment is authorized.

2. The method of claim 1, wherein acquiring the payment information using the payee handheld electronic device comprises receiving the payment information on the communication interface of the payee handheld electronic device, the communication interface of the payee handheld electronic device being configured to establish a communication path with another communication interface on a payor handheld electronic device.

3. The method of claim 2, wherein providing the electronic payment request to the payor comprises transmitting the electronic payment request from the payee handheld electronic device to the payor handheld electronic device using the communication path established by the communication interfaces.

4. The method of claim 3, wherein the communication interface comprises a near field communication (NFC) interface, wherein the communication path comprises an NFC path, and wherein the NFC path is established using an NFC tap operation performed between the payee handheld electronic device and the payor handheld electronic device.

5. The method of claim 4, wherein the NFC path is maintained between receiving, the notification that the default crediting account of the payee handheld electronic device and the default payment account of the payor handheld electronic device that are incompatible with one another and receiving a selection of an alternative crediting account that is compatible with the default payment account such that an additional NFC tap operation does not need to be performed between the payee handheld electronic device and the payor handheld electronic device.

6. The method of claim 3, wherein the payment information provided by the payor in response to the electronic payment request is transmitted from the payor handheld electronic device to the payee handheld electronic device using the communication path.

7. The method of claim 1, wherein the default payment account comprises a smart card, and wherein acquiring the payment information comprises using the payee handheld electronic device to receive payment information stored on the smart card.

8. The method of claim 1, wherein the payment instrument comprises a credit card, and wherein the extracted payment information data comprises at least one of a credit card account number, an expiration date, an identity of a credit card provider, or an identity of a credit card account holder, or any combination thereof.

9. The method of claim 1, wherein the payment instrument comprises a check, and wherein the extracted payment information data comprises at least one of a bank routing number, a bank account number, a payment amount, an identity of the bank account holder, or a check identifier number, or any combination thereof.

10. The method of claim 1, wherein the default payment account comprises a credit card account, and wherein the at least one external server includes a server associated with a credit card provider that maintains the credit card account, wherein the server is configured to authorize payments from the credit card account.

11. The method of claim 1, wherein the default payment account is a bank account, and wherein the at least one external server includes a server associated with a banking provider that maintains the bank account, wherein the server is configured to authorize payments from the bank account.

12. The method of claim 1, wherein the default payment account is a non-cash account.

13. The method of claim 12, wherein the non-cash account comprises an account associated with an online digital media provider, and wherein the at least one external server includes a server associated with the online digital media provider that maintains the noncash account, wherein the server is configured to authorize payments from the non-cash account.

14. A method for providing a payment in a peer-to-peer transaction between a payee and a payor comprising:

selecting, using a processor of the payor handheld electronic device, a payment account stored on the payor handheld electronic device;

using the processor of the payor handheld electronic device to cause a communication interface of the payor handheld electronic device to transmit, via a near field communication-based wireless communication link between the payor handheld electronic device and a separate payee handheld electronic device, payment information, the payment information including the payment account, to the separate payee handheld electronic device configured to transmit, via a wireless communication link that is different from the near field communication-based wireless communication link, the payment information to at least one external server configured to determine that the payment account is not compatible with a crediting account of the payee handheld device, wherein the payment information is at least partially acquired by acquiring an image of a payment instrument and extracting payment information data from the acquired image;

receiving, from the external server, a notification indicating whether the default crediting account of the payee handheld electronic device and the default payment account of the payor handheld electronic device are compatible with one another;

in accordance with a determination, based on the notification, that the default payment account and the default crediting account are compatible with one another;

displaying an indication that the electronic payment request has been successfully completed; and

in accordance with a determination, based on the notification, that the default payment account and the default crediting account are incompatible with one another;

displaying an indication that the electronic payment request has not been successfully completed; and

while displaying the indication that the electronic payment request has not been successfully completed, receiving, using an interface element of the payor handheld electronic device, a selection of an alternative payment account that is compatible with the default payment account, wherein the external server is further configured to authorize the payment from the payor to the payee using the alternative payment account, and wherein at least one external server is separate from the payor and payee handheld electronic devices.

15. The method of claim 14, wherein the selection of the payment account is performed by the processor of the payor handheld electronic device in response to an electronic payment request transmitted by the payee handheld electronic device to the payor handheld electronic device.

16. The method of claim 15, wherein the electronic payment request is received using the communication interface of the payor handheld electronic device, wherein the communication interface is configured to establish a communication path with another communication interface on the payee handheld electronic device.

17. The method of claim 14, comprising prompting the payor to input an authorization PIN to the payor handheld electronic device prior to transmitting the payment information to the payee handheld electronic device, wherein the payment information is transmitted to the payee handheld electronic device if the correct authorization PIN is provided by the payor.

18. The method of claim 14, wherein the communication interface comprises a near-field communication (NFC) interface, wherein the communication path comprises an NFC path, and wherein the NFC path is established using an NFC tap operation performed between the payor handheld electronic device and the payee handheld electronic device.

19. The method of claim 18, wherein the NFC path is maintained between receiving, the notification that the payment account of the payor handheld electronic device and the crediting account of the payee handheld electronic device that are incompatible with one another and receiving a selection of an alternative crediting account that is compatible with the default payment account such that an additional NFC tap operation does not need to be performed between the payee handheld electronic device and the payor handheld electronic device.

20. The method of claim 14, wherein the payor handheld device stores a plurality of payments accounts, and the payment account is selected based upon a previous configuration performed by the payor in a peer-to-peer transaction application stored on the payor handheld electronic device, wherein the previous configuration identifies a preferred default payment account from the plurality of payment accounts.

21. The method of claim 14, wherein receiving a selection of an alternative payment account comprises:

displaying a listing of the payment accounts stored on the payor handheld electronic device in response to a request by the payor;

receiving a selection input from the payor; and

using the processor of the payor handheld electronic device to select the payment account from the listing based on the received selection input.

22. The method of claim 14, wherein the payment account comprises a credit card account, a bank account, or a non-cash account.

23. The method of claim 14, comprising applying encryption to the payment information prior to providing the payment information to the payee handheld electronic device.

24. A handheld electronic device comprising:

a processor;

communication circuitry;

one or more input structures; and

a memory device communicatively coupled to the processor and configured to store a plurality of payment accounts and a transaction application executable by the processor, wherein, upon execution of the transaction application, the processor is configured to;

determine an amount of a payment to be requested by a payor in response to a first input provided by a payee operating the handheld electronic device, the first input being indicated by the one or more input structures;

cause an electronic payment request to be transmitted from the communication circuitry to another handheld electronic device operated by the payor, wherein the electronic payment request is transmitted via a near field communication-based wireless communication link between the handheld electronic device operated by the payee and the another handheld electronic device operated by the payor, and wherein the electronic payment request is configured to indicated the requested payment amount to the payor;

acquire, via the near field communication-based wireless communication link, payment information provided by the payor handheld electronic device using the communication circuitry, wherein the payment information comprises a default payment account selected by the payor, and wherein acquiring the payment information comprises acquiring an image of a payment instrument and extracting payment information data from the acquired image;

cause the communication circuitry to transmit, via a wireless communication link that is different from the near field communication-based wireless communication link, a request from the payee handheld electronic device to obtain authorization for the payment of the requested payment amount from the payor to the payee, wherein the transmission of the request to obtain authorization for the payment comprises transmitting the selected payment account and a default crediting account from the payee handheld electronic device to at least one external server that is separate from both the payee handheld electronic device and the payor handheld electronic device and configured to determine that the default payment account and the default crediting account are incompatible;

receive, from the external server, a notification indicating whether the default crediting account of the payee handheld electronic device and the default payment account of the payor handheld electronic device are compatible with one another;

in accordance with a determination, based on the notification, that the default payment account and the default crediting account are compatible with one another;

display an indication that the electronic payment request has been successfully completed; and

in accordance with a determination, based on the notification, that the default payment account and the default crediting account are incompatible with one another;

display an indication that the electronic payment request has not been successfully completed; and

while displaying the indication that the electronic payment request has not been successfully completed, receive, using an interface element of the payee handheld electronic device, a selection of an alternative crediting account that is compatible with the default payment account and authorize the payment from the default payment account and to credit the payment to the alternative crediting account if the payment is authorized.

25. The handheld electronic device of claim 24, wherein the communication circuitry comprises a first communication interface and a second communication interface.

26. The handheld electronic device of claim 25, wherein the electronic payment request is transmitted and the payment information from the payor handheld electronic device is received using the first communication interface of the communication circuitry, and wherein the request to obtain authorization for the payment of the requested payment amount is transmitted using the second communication interface of the communication circuitry.

27. The handheld electronic device of claim 25, wherein the first communication interface comprises a near-field communication (NFC) interface.

28. The handheld electronic device of claim 27, wherein the NFC path is maintained between receiving, the notification that the payment account of the payor handheld electronic device and the crediting account of the payee handheld electronic device that are incompatible with one another and receiving a selection of an alternative crediting account that is compatible with the default payment account such that an additional NFC tap operation does not need to be performed between the payee handheld electronic device and the payor handheld electronic device.

29. The handheld electronic device of claim 25, wherein the second communication interface comprises at least one of a local area network, a personal area network, or a cellular data network, or a combination thereof.

30. The handheld electronic device of claim 24, comprising a display, wherein the display is configured to display a listing of crediting accounts stored on the payee handheld electronic device for selection by the payee using the one or more input structures.

31. The handheld electronic device of claim 24, wherein the display comprises a touchscreen display, and wherein the one or more input structures comprises a touch-sensitive element of the touchscreen display.

32. The handheld electronic device of claim 24, wherein the processor is configured to encrypt the payment account and the default crediting account prior when transmitting the request to the at least one external server.

33. The handheld electronic device of claim 24, wherein the handheld electronic device comprises at least one of a cellular telephone, a digital media player, a personal digital assistant, or any combination thereof.

34. The handheld electronic device of claim 24, wherein the selected crediting account comprises least one of a credit card account, a bank account, or a non-cash account, or any combination thereof.

35. The handheld electronic device of claim 24, wherein the alternative crediting account is selected in response to a second input provided by the payee, the second input being indicated by the one or more input structures.

36. A method comprising:

determining, using a processor of a first electronic device, a data value to be requested from a second electronic device in response to a first input provided by the first electronic device;

using the processor of the first electronic device to cause an electronic communication to be transmitted from a near field communication interface of the second electronic device to the first electronic device, wherein the electronic communication is transmitted via a near field communication-based wireless communication link between the first electronic device and the second electronic device, and wherein the electronic communication is configured to indicate the requested data value;

acquiring, via the near field communication-based wireless communication link, a second account identification information provided by the second electronic device in response to the request for the data value, wherein acquiring the second account identification information comprises acquiring an image of an account instrument and extracting account identification information data from the acquired image;

determining, using the processor of the first electronic device, a first account identification information;

transmitting a request from the first electronic device, via a wireless communication link that is different from the near field communication-based wireless communication link, to at least one external server that is separate from both the first electronic device and the second electronic device to obtain authorization to conduct an electronic data transaction between the first account and the second account corresponding to the data value;

receiving, from the external server, a notification indicating whether the first account second account are compatible with one another;

in accordance with a determination, based on the notification, that the default payment account and the default crediting account are compatible with one another;

displaying an indication that the electronic payment request has been successfully completed; and

in accordance with a determination, based on the notification, that the default payment account and the default crediting account are incompatible with one another;

displaying an indication that the electronic payment request has not been successfully completed; and

while displaying the indication that the electronic payment request has not been successfully completed, receiving, using an interface element of the first electronic device, a selection of an alternative to the first account that is compatible with the second account.