SECURE ELECTRONIC TRANSACTIONS BETWEEN A MOBILE DEVICE AND OTHER MOBILE, FIXED, or VIRTUAL DEVICES
First Claim
1. A payment clearance system for authorizing and clearing a transaction between a consumer and a merchant, the system capable of receiving and sending messages over mobile, wire-line, and/or internet communication networks, the system further comprising:
- application means, wherein when a request for payment message is received from a merchant device for a payment on said transaction between said consumer and said merchant, said application means extracting from said request for payment message information relating to a mobile device associated to said user, said application means further generating an authorization message relating to said request for payment message and further sending said authorization message to said mobile device, wherein when an acknowledgement message is received from said mobile device authorizing said transaction, said application means generating a merchant validation message and further sending said merchant validation message to said merchant device authorizing said transaction.
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Accused Products
Abstract
In a system according to one embodiment of the present invention, the system includes a database for storing a merchant profile containing information associated with a merchant bank account. The system includes an application server that when a request from a merchant device for payment by the user for a transaction is received, the application generates an authorization message and sends it to a mobile device associated to the user. The application server will further wait to receive an acknowledgement message from the mobile device and will generate a validation message and send the message to the merchant device when an acknowledgement message is received. The application server further effectuates the transfer of funds from a user financial account to a merchant bank account.
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Citations
39 Claims
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1. A payment clearance system for authorizing and clearing a transaction between a consumer and a merchant, the system capable of receiving and sending messages over mobile, wire-line, and/or internet communication networks, the system further comprising:
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application means, wherein when a request for payment message is received from a merchant device for a payment on said transaction between said consumer and said merchant, said application means extracting from said request for payment message information relating to a mobile device associated to said user, said application means further generating an authorization message relating to said request for payment message and further sending said authorization message to said mobile device, wherein when an acknowledgement message is received from said mobile device authorizing said transaction, said application means generating a merchant validation message and further sending said merchant validation message to said merchant device authorizing said transaction. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16)
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17. A method for authorizing and clearing a transaction between a consumer and a merchant, the method comprising:
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receiving a request for payment message sent to a payment center from a merchant device based on said transaction, wherein the request for payment message includes information associated with said transaction and information relating to a mobile device associated to said consumer;
generating an authorization message from said payment center requesting authorization from said consumer of said transaction;
sending said authorization message to said mobile device associated to said consumer;
receiving an acknowledgement message sent to said payment center from said mobile device in response to said authorization message;
generating a merchant validation message from said payment center in response to said received authorization message and sending said merchant validation message to said merchant device authorizing said transaction; and
launching from the payment center a payment procedure relating to said transaction to transfer funds from a user bank account to a merchant bank account. - View Dependent Claims (18, 19, 20, 21, 22, 23, 24)
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25. A payment clearance system for authorizing and clearing a transaction between a user and a participant, the system capable of receiving and sending messages over mobile, wire-line, and/or internet communication networks, the system further comprising:
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an application means, which when a transaction request message relating to said transaction is received from a mobile device associated to said user, said application means generating an authorization message in response to said request message and being capable of sending said authorization message to said mobile device, and wherein when an acknowledgment message is received from said mobile device, said application means generating a participant validation message and said application means further sending said participant validation message to said participant. - View Dependent Claims (26, 27, 28, 29, 30, 31)
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32. A system for conducting a transfer of funds between two users, each user having a mobile device, the system comprising:
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a storage means storing a plurality of user profiles, each user profile corresponding to a user and including information associated to a mobile device and a user bank account;
an application means, which when a request message from a first mobile device associated to a first user is received, and said request message relating to a transfer of funds from said first user to a second user, said application means generating an authorization message in response to said request message and further sending said authorization message to said first mobile device, wherein when an acknowledgement message is received from said first mobile device authorizing said transfer, said application means generating a validation message and further sending said validation message to said first mobile device and a second mobile device associated to said second user, and said application means further initiating an electronic transfer of funds from said first user bank account to said second user bank account. - View Dependent Claims (33)
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34. A system for conducting a transfer of funds between two users, each user having a mobile device, the system comprising:
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a storage means storing a plurality of user profiles, each user profile corresponding to a user and including information associated to a mobile device and a user bank account;
an application means, which when a request message from a first mobile device associated to a first user is received, and said request message relating to a transfer of funds from a second user to said first user, said application means extracting from said request message information relating to a second mobile device associated to said second user, and said application means further generating an authorization message in response to said request message and further sending said authorization message to said second mobile device, wherein when an acknowledgement message is received from said second mobile device authorizing said transfer, said application means generating a validation message and further sending said validation message to said first mobile device and to said second mobile device, and said application means further initiating an electronic transfer of funds from said first user bank account to said second user bank account.
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35. A system for authenticating a user of a mobile device, the system comprising:
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a storage means storing a user profile corresponding to said user and including information associated to a mobile device and associated with said user;
an application means, which when a message is received from a device requesting authentication of said user, said application means generating an authorization message in response to said authentication request message and further sending said authorization message to said mobile device, wherein when an acknowledgment response is received from said mobile device, said application means further authenticating said user of said mobile device and further generating a validation message and further sending said validation message to said device authenticating said user of said mobile device. - View Dependent Claims (36, 37, 38, 39)
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Specification