Transaction authorization method, system and device
First Claim
1. A method in a transaction system for authorizing a commercial transaction comprising:
- receiving transaction-related information, including an account identifier of an account;
accessing and verifying information associated with the account;
generating an approval signal upon satisfactory verification;
contacting a communication device associated with the account;
requesting a transaction confirmation from the communication device; and
authorizing the commercial transaction on receiving the approval signal and the transaction confirmation.
2 Assignments
0 Petitions
Accused Products
Abstract
A method in a transaction system for authorizing a commercial transaction is disclosed. The method includes receiving transaction-related information that includes an identifier of an account. The identifier is used to access information associated with the account in the transaction system. Verification steps are performed on the information and an approval signal is generated upon satisfactory verifications. The method further includes initiating connection with a communication device associated with the account. The transaction system requests a transaction confirmation from the communication device over the connection. The transaction system authorizes the commercial transaction on receiving the approval signal and the transaction confirmation. A transaction system that performs the above method and a communication device that is able to respond to the request for a transaction confirmation are also disclosed.
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Citations
16 Claims
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1. A method in a transaction system for authorizing a commercial transaction comprising:
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receiving transaction-related information, including an account identifier of an account;
accessing and verifying information associated with the account;
generating an approval signal upon satisfactory verification;
contacting a communication device associated with the account;
requesting a transaction confirmation from the communication device; and
authorizing the commercial transaction on receiving the approval signal and the transaction confirmation. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11)
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12. A transaction system comprising:
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a POS device for receiving transaction-related information including an account identifier of an account;
an authorization center for accessing and verifying information associated with the account and for generating an approval signal upon satisfactory verification; and
means for contacting a communication device associated with the account and for requesting a transaction confirmation from the communication device;
wherein the commercial transaction is authorized on receiving the approval signal and the transaction confirmation.
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13. A communication device suitable for use for confirming a commercial transaction comprises:
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means for establishing a connection initiated by a transaction system;
means for receiving a request for a transaction confirmation; and
means for responding to the request by sending the transaction confirmation. - View Dependent Claims (14, 15, 16)
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Specification