MOBILE PAYMENT SYSTEM USING BARCODE CAPTURE

• US 20070194123A1
• Filed: 02/21/2007
• Published: 08/23/2007
• Est. Priority Date: 02/21/2006
• Status: Active Grant

• Current Assignee: Scanbuy Incorporated
• Original Assignee: Scanbuy Incorporated
• Inventors: Muni, Ashish, Kakar, Manik, Frantz, Didler
• Granted Patent: US 8,016,187 B2
• Time in Patent Office: Days
• US Class Current: 235/462.45
• CPC Class Codes: G06K 17/0022 arrangements or provisious for transferring data to distant stations, e.g. from a sensing device "transfer between computer elements G06F13/00 "; data-transmission H04L

Abstract

The present invention proposes to streamline the process by replacing most of the manual entry and mobile navigation through a mobile client application that will allow the user to [a] capture a barcode using a camera phone or any other camera-equipped communicating device such as a PDA with a camera attachment or a internet connected computer with a web-cam and [b] automatically send—or prepare the transmission of—the relevant information to the vendor directly or through the usage of a centralized platform.

Claims

1. A mobile payment system comprising:

at least one barcode, wherein said barcode is encoded with payment information related to a monetary transaction;

at least one mobile device capable of scanning said barcode;

a wireless network;

a centralized processing station

a client application which transmits said payment information to said centralized processing station, wherein said centralized processing system utilizes said payment information to process said monetary transaction.