WIRELESS PAYMENT PROCESSING SYSTEM

• US 20060016878A1
• Filed: 07/20/2004
• Published: 01/26/2006
• Est. Priority Date: 07/20/2004
• Status: Active Grant

• Current Assignee: Monica Linda Rok
• Original Assignee: Andrzej Rok, Gaby G. Baghdadi, Irek Singer
• Inventors: Singer, Irek, Rok, Andrzej, Baghdadi, Gaby G.
• Granted Patent: US 7,014,107 B2
• Time in Patent Office: Days
• US Class Current: 235/380
• CPC Class Codes: G06Q 20/0855 involving a third party
• 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 20/367 involving electronic purses or money safes
• CPC Class Codes: G06Q 20/382 insuring higher security of transaction
• CPC Class Codes: G06Q 20/3821 Electronic credentials
• 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 20/401 Transaction verification

Abstract

The transaction method is for secure payment by credit cards or debit cards for goods or services with the use or mobile devices. The payment authorization center delivers a public portion of the authorization token to the service provider via the existing communication channels and the private portion of the authorization token is delivered to the mobile device via SMS or USSD or e-mail short message. The mobile device delivers the private authorization token to the service provider via a private local network based on bluetooth, infrared or other short radio frequency based technology. The credit card or debit card number is never revealed and a temporary card token replaces it.

Claims

1. A transaction method for credit payment authorization for selective goods and services using a mobile device by transmitting a public part of a payment authorization token from a validation platform to a service provider, and by transmitting a private part of the payment authorization token from a validation platform to a mobile device, and by transmitting the private part of payment authorization token from the mobile device to the service provider, comprising:

transmitting a payment authorization request directly from the service provider to the validation platform connected via private communication networks;

transmitting at least certain payment authorization request data entered by said service provider with the private part of payment authorization token from the validation platform together with a short message to the mobile device of a customer and displaying said short message on said mobile device, prompting for validation of the credit card payment authorization request;

upon said customer validating said credit card payment authorization request, sending a copy of said short message to said service provider with a wireless communication network from said mobile device;

transmitting at least certain payment authorization request data entered by said services provider with the validation platform generated public part of payment authorization token and a check digit of said private part of payment authorization token from the validation platform back to said service provider; and

combining said private part of payment authorization token with said public part of payment authorization token by the service provider into a complete payment authorization token and transmitting said complete payment token with at least certain payment authorization request data to the validation platform for settlement of the credit card payment.

2. The transaction method according to claim 1 wherein the short message is a SMS message.

3. The transaction method according to claim 1 wherein the short message is an USSD message.

4. The transaction method according to claim 1 wherein said customer validates said credit card payment authorization request by entering a password verified against password stored in an SIM card of the mobile device.

5. The transaction method according to claim 1 wherein said customer validates said credit card payment authorization request by entering a password for accepting said wireless connection to said service provider.

6. The transaction method according to claim 1 wherein said credit card is a bank credit card.

7. The transaction method according to claim 1 wherein said wireless communication network includes selectively an infrard wireless network, an SMS network, and emails.

8. The transaction method according to claim 1 wherein said wireless communication network is an interface provided by said service provider and said private part of payment authorization token is entered manually into said interface.

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