SYSTEM AND METHOD FOR PROCESSING PAYMENT OPTIONS
First Claim
1. A method of processing payment options, the steps comprising:
- a) creating a user account for a user;
b) receiving payment options data; and
c) storing said payment options data into a central database, said central database being configured such that said stored payment options data is retrievable from a remote access device.
2 Assignments
0 Petitions
Accused Products
Abstract
Disclosed is a system and method for processing payment options, including consolidation, selection, and secure identification. In one embodiment, multiple payment options such as credit, debit and loyalty cards are registered by a consumer and consolidated into a secure central repository. The consumer securely accesses the central repository over a secure communications channel from a remote access device, such as a point-of sale (POS) terminal at a merchant store, to retrieve and select from one of the available payment methods. Upon selection, additional data sufficient to complete the payment transaction is sent to the POS terminal. The consumer may use a piece of identification and password (e.g., one of the registered cards together with a password or personal identification number) to securely access the multiple payment options. Alternatively, the consumer is identified by using a biometric identifier, such as a fingerprint or retina scanner, without need for additional identification.
67 Citations
21 Claims
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1. A method of processing payment options, the steps comprising:
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a) creating a user account for a user; b) receiving payment options data; and c) storing said payment options data into a central database, said central database being configured such that said stored payment options data is retrievable from a remote access device. - View Dependent Claims (2, 3, 4, 5, 6, 7)
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8. A system for processing payment options, comprising:
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a) means for creating a user account for a user; b) means for receiving payment options data; and c) means for storing said payment options data into a central database, said central database being configured such that said stored payment options data is retrievable from a remote access device. - View Dependent Claims (9, 10, 11, 12, 13, 14)
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15. A data processor readable medium storing data processor code that when executed on a data processing device adapts the device to process payment options, comprising:
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a) code for creating a user account for a user; b) code for receiving payment options data; and c) code for storing said payment options data into a central database, said central database being configured such that said stored payment options data is retrievable from a remote access device. - View Dependent Claims (16, 17, 18, 19, 20, 21)
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Specification