Method for Electronic Payment
First Claim
1. A system for facilitating credit card type transactions, said system including a System platform and a subscriber mobile device, said system platform acting as an intermediary between a merchant platform, a Processor and said subscriber mobile device during a credit card type transaction, said subscriber mobile device having a means for a third party to initiate electronic communications to the mobile device, each merchant platform communicating electronically with said System Platform during a transaction, said subscriber mobile device communicating electronically with said System platform during a credit card type transaction, where the merchant platform receives transaction information from a subscriber, said system platform receiving a portion of the transaction information electronically from the merchant platform, said System platform electronically communicating a portion of said received transaction information to said subscriber mobile device, said mobile device sending data related to a subscriber chosen credit card type account identifier to said System platform, said System platform electronically transmitting credit card type account information related to said transmitted credit card type account identifier to a Processor for payment authorization.
11 Assignments
0 Petitions
Accused Products
Abstract
The invention is a system for facilitating credit card transactions. The system operates in a setting that includes a merchant platform, a System platform and a subscriber mobile device. The merchant platform is in electronic data communications with the System platform and the subscriber mobile device is in electronic data communication with the System platform. The merchant platform receives transaction information though voice communications from a subscriber and a portion of the transaction information is sent electronically to the System platform. The System platform electronically communicates a subset of the portion to the mobile communications device, and the mobile communications device sending data related to account information to the System platform. The System platform electronically transmitting this account information to a Processor for payment authorization.
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Citations
16 Claims
- 1. A system for facilitating credit card type transactions, said system including a System platform and a subscriber mobile device, said system platform acting as an intermediary between a merchant platform, a Processor and said subscriber mobile device during a credit card type transaction, said subscriber mobile device having a means for a third party to initiate electronic communications to the mobile device, each merchant platform communicating electronically with said System Platform during a transaction, said subscriber mobile device communicating electronically with said System platform during a credit card type transaction, where the merchant platform receives transaction information from a subscriber, said system platform receiving a portion of the transaction information electronically from the merchant platform, said System platform electronically communicating a portion of said received transaction information to said subscriber mobile device, said mobile device sending data related to a subscriber chosen credit card type account identifier to said System platform, said System platform electronically transmitting credit card type account information related to said transmitted credit card type account identifier to a Processor for payment authorization.
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9. The system of claim 9 wherein said subscriber supplied data is received by the merchant platform though voice communications through said subscriber mobile device.
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14. The method of facilitating a credit card type transaction, said method including the steps of
A) receiving an electronic request for payment from a merchant B) sending an electronic request for payment authorization to a mobile communications device; -
C) receiving the authorization account information from the mobile communications device D) electronically forwarding said authorization account information to a Processor.
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Specification