SYSTEM AND METHOD FOR UTILIZING A PORTABLE NETWORK DEVICE TO INITIATE AND AUTHORIZE A PAYMENT TRANSACTION
First Claim
1. A portable network device for authorizing a payment services system to execute a payment transaction from a payer account to a merchant'"'"'s payee account, the portable network device comprising:
- a network communication system;
a user interface; and
a payment application, the payment application;
obtaining a merchant ID code associated with a position of the portable network device, the merchant ID code identifying the merchant'"'"'s payee account;
driving the user interface of the portable network device to obtain user confirmation of a payment transaction to the merchant'"'"'s payee account; and
driving the network communication system to establish a session with the payment services system for authorizing the payment services system to execute the payment transaction from the payer account to the merchant'"'"'s payee account.
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Accused Products
Abstract
A portable network device authorizes a payment services system to execute a payment transaction from a payer account associated with the portable network device to a merchant'"'"'s payee account. The portable network device comprises a network communication system, a user interface, and a payment application. The payment application obtains a merchant ID code associated with a position of the portable network device. The merchant ID code identifies the merchant'"'"'s payee account. The payment application drives the user interface of the portable network device to obtain user confirmation of a payment transaction to the merchant'"'"'s payee account and drives the network communication system to authorize the payment services system to execute the payment transaction from the payer account associated with the portable network device to the merchant'"'"'s payee account. In one embodiment, a receiver may detect a local broadcast of the merchant ID code. In this embodiment, the payment application obtains the merchant ID code associated with the position of the portable network device by determining the merchant ID code of the local broadcast detected by the receiver. In another embodiment, a GPS system may determine a position of the portable network device. In this embodiment, the payment application obtains the merchant ID code associated with the position of the portable network device by input of the position of the portable network device (as determined by the GPS system) to a look up database. The look-up database: i) associates an indicator of an area with each of a plurality of merchant ID codes; and ii) returns the merchant ID code which is associated with an area within which the portable network device is positioned.
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Citations
26 Claims
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1. A portable network device for authorizing a payment services system to execute a payment transaction from a payer account to a merchant'"'"'s payee account, the portable network device comprising:
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a network communication system; a user interface; and a payment application, the payment application; obtaining a merchant ID code associated with a position of the portable network device, the merchant ID code identifying the merchant'"'"'s payee account; driving the user interface of the portable network device to obtain user confirmation of a payment transaction to the merchant'"'"'s payee account; and driving the network communication system to establish a session with the payment services system for authorizing the payment services system to execute the payment transaction from the payer account to the merchant'"'"'s payee account. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15)
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16. A method of operating a portable network device for authorizing a payment services system to execute a payment transaction from a payer account to a merchant'"'"'s payee account, the method comprising:
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obtaining a merchant ID code associated with a position of the portable network device, the merchant ID code identifying the merchant'"'"'s payee account; displaying an indication of the merchant ID code on the portable network device; obtaining user confirmation that the indicated of the merchant ID code identifies an intended payee; and establishing a session with the payment services system for authorizing the payment services system to execute the payment transaction from the payer account to the merchant'"'"'s payee account. - View Dependent Claims (17, 18, 19, 20, 21, 22, 23, 24, 25, 26)
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Specification