WIRELESS PAYMENT METHOD AND SYSTEMS
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Accused Products
Abstract
A method for conducting a transaction is disclosed. The method includes using a first portable electronic device, and directly transmitting a request for payment to a second portable electronic device through a wireless link. Then, the second portable electronic device transmits an approval of the request for payment to the first portable electronic device. One of the first and the second portable electronic devices then sends the request for payment to a payment hub service. The payment hub service then facilitates the transfer of funds from a payer institution to a payee institution to complete the transaction.
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Citations
36 Claims
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1-20. -20. (canceled)
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21. A method for conducting a transaction comprising:
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using a first portable electronic device, directly transmitting a request for payment to a second portable electronic device through a wireless link; and receiving approval of the request for payment at the first portable electronic device, wherein the approval is sent directly from the second portable electronic device to the first portable electronic device through the wireless link, wherein the first portable electronic device and the second portable electronic devices are phones capable of long range and short range communication. - View Dependent Claims (22, 23, 24, 25, 26, 27)
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28. A phone comprising:
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a processor; and a computer readable medium coupled to the processor, the computer readable medium comprising code for directly transmitting a request for payment from the phone to a second portable electronic device through a wireless link, and code for receiving approval of the request for payment, wherein the approval is sent directly from the second portable electronic device to the phone through the wireless link, wherein the phone is capable of long range and short range communication. - View Dependent Claims (29, 30, 31, 32, 33, 34, 35, 36)
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Specification