TRANSACTIONS USING HANDHELD ELECTRONIC DEVICES BASED ON UNOBTRUSIVE PROVISIONING OF THE DEVICES
First Claim
1. A method for carrying out a payment transaction using a handheld electronic device operated by a consumer, the method comprising:
- receiving a consumer ID from a remotely located reader, the consumer ID corresponding to a unique code that is acquired by the reader from the handheld electronic device, wherein the unique code is not native to the handheld electronic device;
receiving payment transaction data from the reader;
validating a consumer payment account identified by the consumer ID; and
subject to validation of the consumer payment account, submitting the payment transaction data and an identity of the consumer payment account to a payment processing network for settlement.
1 Assignment
0 Petitions
Accused Products
Abstract
A system and method enabling consumers to settle payments using a handheld electronic device. The handheld electronic device preferably is provisioned with a unique code in a manner that does not require specialized software or hardware. A reader receives the unique code from the handheld electronic device, determines a consumer ID, and transmits the consumer ID, a reader ID and a payment amount to a service center. The service center retrieves the consumer account and the merchant account based on the consumer ID and the reader ID, and settles the payment by transmitting the accounts and the payment amount to a payment processing network.
230 Citations
41 Claims
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1. A method for carrying out a payment transaction using a handheld electronic device operated by a consumer, the method comprising:
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receiving a consumer ID from a remotely located reader, the consumer ID corresponding to a unique code that is acquired by the reader from the handheld electronic device, wherein the unique code is not native to the handheld electronic device; receiving payment transaction data from the reader; validating a consumer payment account identified by the consumer ID; and subject to validation of the consumer payment account, submitting the payment transaction data and an identity of the consumer payment account to a payment processing network for settlement. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32)
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33. A method for providing content to a handheld electronic device operated by a user, the method comprising:
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receiving a user ID from a remotely located reader, the user ID corresponding to a unique code that is acquired by the reader from the handheld electronic device, wherein the unique code is not native to the handheld electronic device; receiving a reader ID from the reader; determining content based on the user ID and the reader ID; and transmitting the content to the handheld electronic device and/or the reader. - View Dependent Claims (34, 35, 36)
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37. A method for providing relevant content to a handheld electronic device operated by a user, the method comprising:
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receiving a user ID from a remotely located reader, the user ID corresponding to a unique code that is acquired by the reader from the handheld electronic device, wherein the unique code is not native to the handheld electronic device; receiving a reader ID from the reader; determining relevant content for a context based on the user ID and the reader ID; and transmitting the relevant content to the handheld electronic device and/or to the reader.
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38. A system for carrying out payment transactions using handheld electronic devices, comprising:
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an interface module for; receiving a consumer ID from a remotely located reader, the consumer ID corresponding to a unique code that is acquired by the reader from the handheld electronic device, wherein the unique code is not native to the handheld electronic device; and receiving payment transaction data from the reader; a transaction module in communication with the interface module for validating a consumer payment account identified by the consumer ID; and a payment module in communication with the transaction module for, subject to validation of the consumer payment account, transmitting the payment transaction data and an identity of the consumer payment account to a payment processing network for settlement. - View Dependent Claims (39, 40)
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41. A computer program product for use in conjunction with a computer system, the computer program product comprising a computer readable storage medium and a computer program mechanism embedded therein, the computer program mechanism including:
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instructions for receiving a consumer ID from a remotely located reader, the consumer ID corresponding to a unique code that is acquired by the reader from the handheld electronic device, wherein the unique code is not native to the handheld electronic device; instructions for receiving payment transaction data from the reader; instructions for receiving consumer authentication data from the reader, the consumer authentication data acquired by the reader from the consumer; instructions for validating a consumer payment account identified by the consumer ID; instructions for authenticating the consumer based on the consumer authentication data; and instructions for, subject to validation of the consumer payment account and authentication of the consumer, transmitting the payment transaction data and an identity of the consumer payment account to a payment processing network for settlement.
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Specification