TRANSACTION SERVER CONFIGURED TO AUTHORIZE PAYMENT TRANSACTIONS USING MOBILE TELEPHONE DEVICES
First Claim
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1. A computer-implemented method for processing payment transactions initiated using a mobile telephone as a payment device, comprising:
- receiving a request to enroll a mobile telephone in a payment transaction system, wherein the request includes an indication of an identity of an individual enrolling the mobile telephone and the telephone number of the mobile telephone;
establishing a bank account for the mobile telephone, wherein the bank account is tied to both the individual and the telephone number of the mobile telephone received with the request; and
providing a payment application for installation on the mobile telephone, wherein the payment application, when executed on the mobile telephone, allows the individual to initiate payment transactions using the mobile telephone as the payment device.
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Accused Products
Abstract
Techniques are disclosed for a mobile telephone, in conjunction with a payment transaction server, to be used directly as a payment device for a variety of financial transactions. Further, the transaction systems and methods for mobile telephone devices described herein allow a mobile telephone to participate in payment transactions in a manner that helps prevent identify theft and without relying on transferring amounts to/from one stored value account to another.
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Citations
24 Claims
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1. A computer-implemented method for processing payment transactions initiated using a mobile telephone as a payment device, comprising:
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receiving a request to enroll a mobile telephone in a payment transaction system, wherein the request includes an indication of an identity of an individual enrolling the mobile telephone and the telephone number of the mobile telephone; establishing a bank account for the mobile telephone, wherein the bank account is tied to both the individual and the telephone number of the mobile telephone received with the request; and providing a payment application for installation on the mobile telephone, wherein the payment application, when executed on the mobile telephone, allows the individual to initiate payment transactions using the mobile telephone as the payment device. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8)
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9. A computer-readable storage medium containing a program, which, when executed on a processor performs an operation for processing payment transactions initiated using a mobile telephone as a payment device, the operation comprising:
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receiving a request to enroll a mobile telephone in a payment transaction system, wherein the request includes an indication of an identity of an individual enrolling the mobile telephone and the telephone number of the mobile telephone; establishing a bank account for the mobile telephone, wherein the bank account is tied to both the individual and the telephone number of the mobile telephone received with the request; and providing a payment application for installation on the mobile telephone, wherein the payment application, when installed and executed on the mobile telephone, allows the individual to initiate payment transactions using the mobile telephone as the payment device. - View Dependent Claims (10, 11, 12, 13, 14, 15, 16)
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17. A system, comprising:
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a processor; a memory containing a transaction server, which when executed by the processor performs an operation for processing payment transactions initiated using a mobile telephone as a payment device, the operation comprising; receiving a request to enroll a mobile telephone in a payment transaction system, wherein the request includes an indication of an identity of an individual enrolling the mobile telephone and the telephone number of the mobile telephone, and establishing a bank account for the mobile telephone, wherein the bank account is tied to both the individual and the telephone number of the mobile telephone received with the request; and a payment application for installation on the mobile telephone, wherein the payment application, when installed and executed on the mobile telephone, communicates with the transaction server to initiate payment transactions using the mobile telephone as the payment device. - View Dependent Claims (18, 19, 20, 21, 22, 23, 24)
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Specification