SYSTEMS AND METHODS FOR USER AUTHORIZED CUSTOMER-MERCHANT TRANSACTIONS
First Claim
1. A method for facilitating user authorized customer-merchant transactions, said method comprising:
- generating account information for a merchant for a transaction, said account information relating to payment of funds to a merchant in exchange for a good or service pending user authorization;
facilitating access to a user account to view transaction information for said transaction, said transaction information corresponding to said account information provided to said merchant; and
authorizing payment from account for said transaction based on user approval following user review of said transaction information.
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Abstract
Certain embodiments of the present invention provide methods and systems for user authorized transactions. Certain embodiments provide a method for facilitating user authorized transactions between a customer and a merchant. The method includes generating account information for a merchant for a transaction, the account information relating to payment of funds to a merchant in exchange for a good or service pending user authorization. The method also includes facilitating access to a user account to view transaction information for the transaction, the transaction information corresponding to the account information provided to the merchant. The method further includes authorizing payment from account for the transaction based on user approval following user review of the transaction information.
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Citations
20 Claims
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1. A method for facilitating user authorized customer-merchant transactions, said method comprising:
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generating account information for a merchant for a transaction, said account information relating to payment of funds to a merchant in exchange for a good or service pending user authorization; facilitating access to a user account to view transaction information for said transaction, said transaction information corresponding to said account information provided to said merchant; and authorizing payment from account for said transaction based on user approval following user review of said transaction information. - View Dependent Claims (2, 3, 4, 5, 6, 7)
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8. A method for configuring an account for user authorized transactions, said method comprising:
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establishing a user-configurable account for good and/or service transactions between a user and at least one merchant; establishing a personal identification number for said account; providing an account number and value associated with said account for use with said at least one merchant; generating a transaction identification number for a user-merchant transaction based on said account number and said personal identification number; and facilitating approval of said user-merchant transaction based on said transaction identification number, said account number, and said personal identification number. - View Dependent Claims (9, 10, 11, 12)
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13. A customer-merchant transaction system, said system comprising:
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account information identifying a prepaid account associated with an account holder; a database storing transaction information related to said account information; and an authorization engine configured to allow said account holder to authorize a transaction associated with said account information based on a review of said transaction information. - View Dependent Claims (14, 15, 16, 17, 18, 19, 20)
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Specification