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Location based credit card fraud prevention

  • US 20090012898A1
  • Filed: 07/02/2007
  • Published: 01/08/2009
  • Est. Priority Date: 07/02/2007
  • Status: Abandoned Application
First Claim
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1. A method of blocking an unauthorized use of a payment instrument for a transaction, said method comprising:

  • (a) establishing a transaction location where the payment instrument is being used for the transaction;

    (b) determining a location of a mobile station served by a wireless telecommunications network;

    (c) comparing the determined location of the mobile station with the established transaction location; and

    ,(d) blocking completion of the transaction when the determined location of the mobile station does not sufficiently match the established transaction location.

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