Cellular telephone based payment apparatus and method for use in purchase of good and services
First Claim
1. A wireless cellular network payment apparatus equipped for receiving, display of credit purchase transaction and for approval or disapproval of the transaction, the apparatus comprising:
- a wireless cellular network communications device having;
a keypad;
an alpha-numeric capable display;
a network data exchange protocol supporting data exchange between the cellular device and a cellular network service provider;
a processing means to receive, process and respond to the purchase transaction using the data exchange protocol;
a means to display a payment menu for purchaser approval of a received payment authorization request transaction;
a means for a purchaser to approve or disapprove the displayed payment authorization request transaction; and
a user modifiable security password for enabling authorization of a payment authorization request transaction.
3 Assignments
0 Petitions
Accused Products
Abstract
A cellular telephone is configured as a payment device for purchases from merchants, service providers and fast food establishments. The cellular device, in cooperation and interoperation with the cellular network and cellular service, providing a means for receiving credit authorization requests from merchants, reviewing the request, and approving or disapproving requests from the purchaser'"'"'s cellular phone. The cellular telephone payment device and network having capabilities of replacing conventional credit cards and cash payments at time of purchase to merchants and service providers.
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Citations
15 Claims
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1. A wireless cellular network payment apparatus equipped for receiving, display of credit purchase transaction and for approval or disapproval of the transaction, the apparatus comprising:
a wireless cellular network communications device having;
a keypad;
an alpha-numeric capable display;
a network data exchange protocol supporting data exchange between the cellular device and a cellular network service provider;
a processing means to receive, process and respond to the purchase transaction using the data exchange protocol;
a means to display a payment menu for purchaser approval of a received payment authorization request transaction;
a means for a purchaser to approve or disapprove the displayed payment authorization request transaction; and
a user modifiable security password for enabling authorization of a payment authorization request transaction. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11)
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12. A method of using a cellular phone as a universal payment device, the method comprising:
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selecting merchandise to be purchased;
informing a merchant that payment will be transacted by cellular telephone;
providing cellular identification data to the merchant;
sending an electronic payment authorization transaction initiated by the merchant using the cellular telephone identification provided;
receiving a request for payment authorization transaction at a cellular network service;
sending a payment authorization menu screen transaction from the cellular network service to the purchaser'"'"'s cell phone over the cellular network;
authorizing payment by the purchaser entering a secret password on the cell phone, reviewing the merchant information and purchase amount on the payment menu, and authorizing payment on the cellular phone;
receiving the payment approved transaction at the cellular service provider over the cellular network;
transmitting the payment approval information by transaction to the initiating merchant; and
charging the payment to the purchaser'"'"'s cellular service account. - View Dependent Claims (13, 14, 15)
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Specification