TRANSFER OF VALUE BETWEEN MOBILE DEVICES IN A MOBILE COMMERCE SYSTEM
First Claim
1. A method of processing a payment transaction from a first mobile wallet application of a first mobile device to a second mobile wallet application of a second mobile device in a mobile commerce system, the method comprising:
- receiving at a first acquirer system a communication from the first mobile device, the communication related to the payment transaction and including information identifying a first financial account from which a payment is requested;
identifying a second acquirer system for authorizing the payment, wherein the second acquirer system is identified based on the information identifying the first financial account;
sending the communication to the second acquirer system for authorization of the transaction based on the information related to the first financial account; and
receiving from the second acquirer system an indication of whether the transaction is authorized.
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Accused Products
Abstract
Methods, systems, and machine-readable media are disclosed for handling payment transactions in a mobile commerce system and initiated between mobile devices. According to one embodiment, a method of processing a payment transaction from a first mobile wallet application of a first mobile device to a second mobile wallet application of a second mobile device in a mobile commerce system can comprise receiving at a first acquirer system a communication from the first mobile device. The communication can be related to the payment transaction and can include information identifying a first financial account from which a payment is requested. A second acquirer system for authorizing the payment can be identified based on the information identifying the first financial account. The communication can be sent to the second acquirer system for authorization of the transaction based on the information related to the first financial account.
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Citations
36 Claims
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1. A method of processing a payment transaction from a first mobile wallet application of a first mobile device to a second mobile wallet application of a second mobile device in a mobile commerce system, the method comprising:
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receiving at a first acquirer system a communication from the first mobile device, the communication related to the payment transaction and including information identifying a first financial account from which a payment is requested; identifying a second acquirer system for authorizing the payment, wherein the second acquirer system is identified based on the information identifying the first financial account; sending the communication to the second acquirer system for authorization of the transaction based on the information related to the first financial account; and receiving from the second acquirer system an indication of whether the transaction is authorized. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12)
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13. A system comprising:
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a wireless communications network; a first mobile device communicatively coupled with the wireless communications network and adapted to execute a mobile wallet application, wherein the mobile wallet application is adapted to maintain at least one set of information related to a first financial account; a second mobile device communicatively coupled with the wireless communications network and adapted to execute a mobile wallet application, wherein the mobile wallet application is adapted to maintain at least one set of information related to a second financial account; a first acquirer system communicatively coupled with the wireless communications network and adapted to receive a communication from the first mobile device, the communication related to a payment transaction and including information identifying a first financial account from which a payment is requested; and a second acquirer system communicatively coupled with the first acquirer system, wherein the first acquirer system is further adapted to identify the second acquirer system based on the information identifying the first financial account, send the communication to the second acquirer system for authorization of the transaction based on the information related to the first financial account, and receive from the second acquirer system an indication of whether the transaction is authorized. - View Dependent Claims (14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24)
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25. A machine-readable medium having stored thereon a series of instruction which, when executed by a processor, causes the processor to handle a payment from a first financial account identified in a mobile wallet application of a first mobile device to a second financial account identified in a mobile wallet application of a second mobile device by:
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receiving at a first acquirer system a communication from the first mobile device, the communication related to the payment transaction and including information identifying the first financial account from which a payment is requested; identifying a second acquirer system for authorizing the payment, wherein the second acquirer system is identified based on the information identifying the first financial account; sending the communication to the second acquirer system for authorization of the transaction based on the information related to the first financial account; and receiving from the second acquirer system an indication of whether the transaction is authorized. - View Dependent Claims (26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36)
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Specification