Method and System for Restricted the Usage of Payment Accounts
First Claim
1. One or more computer readable media having stored thereon a plurality of instructions that, when executed by one or more processors, causes the one or more processors to perform acts including:
- receiving a request to make a purchase at an on-line merchant using funds from a payment account that is identified in an electronic wallet maintained on a wallet server, the electronic wallet corresponding to a particular user, identifying restrictions that restrict the payment account;
comparing the restrictions to an identity of the on-line merchant;
determining, based on the comparing, whether to allow the purchase to proceed; and
upon allowance of the purchase, forwarding purchase information maintained in the electronic wallet from the wallet server to the on-line merchant to charge the purchase to the payment account.
1 Assignment
0 Petitions
Accused Products
Abstract
A user'"'"'s ability to spend and/or receive funds for payment accounts maintained in an electronic wallet are limited. These limitations include restrictions on where the user is able to spend the funds in a payment account (e.g., at which merchants the funds can be spent, whether the funds can be withdrawn from an ATM, etc.). These limitations may also include restrictions on what other payment accounts the user can receive funds from and/or transfer funds to, thereby limiting person-to-person fund transfers.
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Citations
10 Claims
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1. One or more computer readable media having stored thereon a plurality of instructions that, when executed by one or more processors, causes the one or more processors to perform acts including:
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receiving a request to make a purchase at an on-line merchant using funds from a payment account that is identified in an electronic wallet maintained on a wallet server, the electronic wallet corresponding to a particular user, identifying restrictions that restrict the payment account;
comparing the restrictions to an identity of the on-line merchant;
determining, based on the comparing, whether to allow the purchase to proceed; and
upon allowance of the purchase, forwarding purchase information maintained in the electronic wallet from the wallet server to the on-line merchant to charge the purchase to the payment account. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9)
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10. One or more computer readable media having stored thereon a plurality of instructions that, when executed by one or more processors, causes the one or more processors to perform acts including:
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receiving a request to make a purchase at an on-line merchant using funds from a payment account that is identified in an electronic wallet maintained on a wallet server, the electronic wallet corresponding to a particular user, identifying an expiration date for the payment account;
comparing the expiration date to a current date;
determining, based on the comparing of the expiration date to the current date, whether to allow the purchase to proceed; and
upon allowance of the purchase, forwarding purchase information maintained in the electronic wallet from the wallet server to the on-line merchant to charge the purchase to the payment account.
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Specification