Remote payment method and system
First Claim
1. A computer-based remote payment transaction system comprising:
- a server operated by a service provider, said server including a data memory for storing two or more server accounts, said server accounts including a first party server account and a second party server account, said server configured to;
(a) establish the first party server account using an account registration subsystem;
(b) authenticate an authorized user of the first party server account using an authentication subsystem;
(c) receive an electronic payment instruction via a mobile communications device from the authorized user, said payment instruction requesting that a purchase value be transferred from the first party server account to the second party server account;
(d) notify the authorized user via the mobile communications device that the payment instruction was received;
(e) transfer the requested payment value from the first party server account to the second party server account;
(f) receive an electronic transfer instruction via the mobile communications device from the authorized user, said transfer instruction ordering that a requested value be transferred from an account associated with the first party at a first financial institution to the first party server account;
(g) add the requested value to the first party server account;
(h) instruct the financial institution to transfer funds corresponding to the requested value from the first party financial institution account to an account associated with the service provider at a second financial institution;
(i) update the data memory; and
(j) provide a reward for using the server via a customer loyalty subsystem.
1 Assignment
0 Petitions
Accused Products
Abstract
A computer-based method and system for effecting a remote payment transaction involving the use of a mobile communications device. Using the described system and the communications device, a customer may electronically purchase goods, services, remit payments, track loyalty bonuses and effect enhanced personal financial account management with less effort, increased convenience and user-authorized security features for account access and manipulation. Using a mobile communications device, the customer instructs the remote payment system to provide funds to a merchant, where the funds are transferred from a customer account to a merchant account. If desired, the system automatically manages the value of these accounts by interacting with external financial accounts, such as bank accounts. The system also monitors transaction frequency and average account value to calculate a bonus to reward the customer'"'"'s loyalty.
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Citations
40 Claims
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1. A computer-based remote payment transaction system comprising:
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a server operated by a service provider, said server including a data memory for storing two or more server accounts, said server accounts including a first party server account and a second party server account, said server configured to;
(a) establish the first party server account using an account registration subsystem;
(b) authenticate an authorized user of the first party server account using an authentication subsystem;
(c) receive an electronic payment instruction via a mobile communications device from the authorized user, said payment instruction requesting that a purchase value be transferred from the first party server account to the second party server account;
(d) notify the authorized user via the mobile communications device that the payment instruction was received;
(e) transfer the requested payment value from the first party server account to the second party server account;
(f) receive an electronic transfer instruction via the mobile communications device from the authorized user, said transfer instruction ordering that a requested value be transferred from an account associated with the first party at a first financial institution to the first party server account;
(g) add the requested value to the first party server account;
(h) instruct the financial institution to transfer funds corresponding to the requested value from the first party financial institution account to an account associated with the service provider at a second financial institution;
(i) update the data memory; and
(j) provide a reward for using the server via a customer loyalty subsystem. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19)
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20. A computer-based remote payment transaction system via the Internet comprising:
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a server operated by a service provider, said server including a data memory for storing one or more server accounts, said server accounts including a first party server account and a second party server account, said server configured to;
(a) establish the first party server account and the second party server account using an account registration subsystem;
(b) generate a unique reference code for a payment transaction upon a request of a second party, after the second party receives a purchase request from the first party via the Internet;
(c) provide the unique reference code to the second party;
(d) answer an incoming call from the first party to a second party phone number dedicated to the second party;
(e) receive a first party personal identification number linked to the first party server account for authenticating the first party as an authorized user of the first party server account;
(f) receive a transaction amount and the unique reference code from the first party for the payment transaction, wherein the server is configured to automatically match the unique reference code received from the first party to the unique reference code generated upon the request of the second party; and
(g) transfer the payment from the first party server account to the second party server account.
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21. A computer-based remote payment transaction method using a server operated by a service provider, said server including a data memory for storing two or more server accounts, said server accounts including a first party server account and a second party server account, comprising the steps of:
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(a) establishing the first party server account using an account registration subsystem;
(b) authenticating an authorized user of the first party server account using an authentication subsystem;
(c) receiving an electronic payment instruction via a mobile communications device from the authorized user, said payment instruction including a payment value to be transferred from the first party server account to the second party server account;
(d) notifying the authorized user via the mobile communications device that the payment instruction was received;
(e) transferring the requested payment value from the first party server account to the second party server account;
(f) receiving an electronic transfer instruction via the mobile communications device from the authorized user, said transfer instruction ordering that a requested value be transferred from an account associated with the first party at a first financial institution to the first party server account;
(g) adding the requested value to the first party server account;
(h) instructing the financial institution to transfer funds corresponding to the requested value from the first party financial institution account to an account associated with the service provider a second financial institution;
(i) updating the data memory; and
(j) providing a reward for using the server via a customer loyalty subsystem. - View Dependent Claims (22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39)
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40. A computer-based remote payment transaction method via the Internet using a server operated by a service provider, said server including a data memory for storing one or more server accounts, said server accounts including a first party server account and a second party server account, comprising the steps of:
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(a) establishing the first party server account and the second party server account using an account registration subsystem;
(b) generating a unique reference code for the payment transaction upon request of a second party, after the second party receives a purchase request from the first party via the Internet;
(c) providing the unique reference code to the second party;
(d) answering an incoming call from the first party to a second party phone number dedicated to the second party;
(e) receiving a first party personal identification number linked to the first party server account for authenticating the first party as an authorized user of the first party server account;
(f) receiving a transaction amount and the unique reference code from the first party for the payment transaction, wherein the server is configured to automatically match the unique reference code received from the first party to the unique reference code generated upon the request of the second party; and
(g) transferring the payment from the first party server account to the second party server account.
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Specification