SYSTEM, HARDWARE AND METHOD FOR MOBILE POS PAYMENT

• US 20080114699A1
• Filed: 10/29/2007
• Published: 05/15/2008
• Est. Priority Date: 11/13/2006
• Status: Abandoned Application

• Current Assignee: Gary Lebowitz, Gong Y.I. Yuan
• Original Assignee: Gary Lebowitz, Gong Y.I. Yuan
• Inventors: LEBOWITZ, GARY, YUAN, GONG YI
• Application Number:
  US11/927,382
• Publication Number:
  US 20080114699A1
• Time in Patent Office: Days
• US Class Current: 705/78
• CPC Class Codes: G06Q 20/0855 involving a third party
• CPC Class Codes: G06Q 20/20 Point-of-sale [POS] network systems
• CPC Class Codes: G06Q 20/202 Interconnection or interaction of plural electronic cash registers [ECR] or to host computer, e.g. network details, transfer of information from host to ECR or from ECR to ECR
• CPC Class Codes: G06Q 20/204 comprising interface for record bearing medium or carrier for electronic funds transfer or payment credit
• CPC Class Codes: G06Q 20/327 Short range or proximity payments by means of M-devices

Abstract

The present invention provides a system, hardware and method for mobile payment via a low-cost simple POS station and a mobile device. A general objective of the invention is to process payment authorization via the mobile consumer'"'"'s own mobile device and mobile network, instead of the POS network'"'"'s backbone.

Claims

1. An electronic payment system comprising:

a mobile network;

a mobile device configured to receive a first signal from a point-of-sale station,

the mobile device further configured to transmit the first signal to a payment-authorization center via the mobile network, and further configured to receive a second signal from the payment-authorization center via the mobile network and transmit the second signal to the point-of-sale station;

the point-of-sale station configured to send the first signal to the mobile device;

a payment-authorization center configured to receive the first signal from the mobile device via the mobile network,

the payment-authorization center further configured to generate the second signal based on the first signal and transmit the second signal to the mobile device via the mobile network.

2. The system of claim 1 wherein the first signal includes a point-of-sale station identifier and a transaction amount.

3. The system of claim 1 wherein the mobile device receives the first signal from the point-of-sale station via at least one of a short-range communication method, an audio communication, or a visual communication.

4. The system of claim 1 wherein the mobile device is configured to store a user interface to facilitate the first signal.

5. The system of claim 1 wherein the mobile device is further configured to transmit a mobile device identifier along with the first signal to the payment-authorization center.

6. The system of claim 1 wherein the mobile network is a cellular network.

7. The system of claim 1 wherein the payment-authorization center is configured to transmit a transaction reference number to the mobile device.

8. A mobile point-of-sale authorization method, comprising the steps of:

transmitting, by a point-of-sale station, a first signal containing at least a point-of-sale station identifier and a transaction amount to a mobile device;

receiving, at the mobile device, the first signal;

transmitting, by the mobile device, via a mobile network, the first signal to a payment-authorization center;

receiving, at the payment-authorization center, the first signal;

verifying, by the payment-authorization center, the first signal;

authorizing, by the payment-authorization center, a transaction based on the first signal;

transmitting, by the payment-authorization center, via the mobile network, a second signal to the mobile device;

receiving, at the mobile device, the second signal;

transmitting, by the mobile device, the second signal to the point-of-sale station.

9. The method of claim 8, further comprising the step of encrypting, by the mobile device, the first signal, prior to transmitting the first signal to the payment-authorization center.

10. The method of claim 9, further comprising the step of decrypting, by the payment-authorization center, the first signal, prior to verifying the first signal.

11. The method of claim 8, further comprising the step of encrypting, by the payment-authorization center, the second signal, prior to transmitting the second signal to the mobile device.

12. The method of claim 11, further comprising the step of decrypting, by the mobile device, the second signal, prior to transmitting the second signal to the point-of-sale station.

13. The method of claim 8, further comprising the step of transmitting, by the payment-authorization center, a transaction reference number to the mobile device.

14. The method of claim 8, further comprising the step of transmitting, by the mobile device, a connection signal, to the point-of-sale station.

15. The method of claim 14, further comprising the step of transmitting, by the point-of-sale station, the first signal, to the mobile device, upon receipt of the connection signal by the point-of-sale station from the mobile device.

16. A mobile device for payment processing comprising:

a receiver configured to receive a first signal from a point-of-sale station,

the receiver further configured to receive a second signal from a payment-authorization center;

a transmitter configured to transmit the first signal to the payment-authorization center,

the transmitter further configured to transmit the second signal to the point-of-sale station;

an encryption means configured to encrypt the first signal; and

a decryption means configured to decrypt the second signal.

17. The mobile device of claim 16, wherein the mobile device is configured to communicate with point-of-sale station via a short-range communication method.

18. The mobile device of claim 16, wherein the mobile device is configured to communicate with the payment-authorization center via a mobile network.

19. The mobile device of claim 16, wherein the mobile device is further configured to receive a personal identification code from a mobile user.

20. The mobile device of claim 19, wherein the mobile device is further configured to transmit the personal identification code to the payment-authorization center.

21. A mobile point-of-sale authorization method, comprising the steps of:

receiving, at a mobile device, a first signal from a point-of-sale station;

transmitting, by the mobile device, via a mobile network, the first signal to a payment-authorization center;

receiving, at the mobile device, via the mobile network, a second signal from the payment-authorization center;

transmitting, by the mobile device, the second signal to the point-of-sale station.

22. The method of claim 21, further comprising the step of encrypting, by the mobile device, the first signal, prior to transmitting the first signal to the payment-authorization center.

23. The method of claim 22, further comprising the step of decrypting, by the mobile device, the second signal, prior to transmitting the second signal to the point-of-sale station.

24. The method of claim 21, further comprising the step of receiving, by the mobile device, a transaction reference number from the payment-authorization center.