SYSTEMS AND METHODS FOR MAKING PAYMENTS FROM SELECTED FUNDING SOURCES
First Claim
1. A method for operating a payment service provider, the method comprising:
- storing information associating the identity of a buyer with a plurality of the buyer'"'"'s payment source accounts and a plurality of personal identity numbers (PINs) respectively associated therewith in a database of the payment service provider;
receiving an authorization from the buyer to make a payment from a selected one of the buyer'"'"'s payment source accounts to a designated seller'"'"'s payment depository account, the authorization including a specified payment amount and the associated PIN of the selected buyer'"'"'s account from which the payment is to be made; and
,effecting a transfer of the specified payment amount from the selected buyer'"'"'s account to the designated seller'"'"'s account.
2 Assignments
0 Petitions
Accused Products
Abstract
Systems and methods for operating a payment service provider include storing information associating the identity of a buyer with a plurality of the buyer'"'"'s payment source accounts and a plurality of personal identity numbers (PINs) respectively associated therewith in a database of the payment service provider. Upon receipt of an authorization from the buyer that includes a specified payment amount and the associated PIN of the selected buyer'"'"'s account from which the payment is to be made, a transaction device of the service provider is operable to effect a transfer of the specified payment amount from the selected buyer'"'"'s account to the designated seller'"'"'s account.
19 Citations
20 Claims
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1. A method for operating a payment service provider, the method comprising:
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storing information associating the identity of a buyer with a plurality of the buyer'"'"'s payment source accounts and a plurality of personal identity numbers (PINs) respectively associated therewith in a database of the payment service provider; receiving an authorization from the buyer to make a payment from a selected one of the buyer'"'"'s payment source accounts to a designated seller'"'"'s payment depository account, the authorization including a specified payment amount and the associated PIN of the selected buyer'"'"'s account from which the payment is to be made; and
,effecting a transfer of the specified payment amount from the selected buyer'"'"'s account to the designated seller'"'"'s account. - View Dependent Claims (2, 3, 4, 5)
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6. A method for enabling a seller to receive a payment from a buyer, the method comprising:
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providing a seller'"'"'s transaction device provisioned with the identity of a seller'"'"'s payment depository account designated to receive the payment, that is operable to communicate with respective transaction devices of the buyer and a payment service provider, and that includes means for the buyer to input a PIN associated with a selected one of a plurality of the buyer'"'"'s payment source accounts from which the payment is to be made; communicating with the buyer'"'"'s transaction device to obtain the respective identities of the buyer and the service provider therefrom; communicating with the service provider'"'"'s transaction device to upload the identity of the buyer, the designated seller'"'"'s payment depository account and the amount of the payment thereto; inputting the PIN of the selected buyer'"'"'s payment source account to the transaction device of the payment service provider; and
,effecting a transfer of the specified payment amount from the selected buyer'"'"'s account to the designated seller'"'"'s account. - View Dependent Claims (7, 8, 9, 10)
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11. A method for enabling a buyer to make a payment to a seller, the method comprising:
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transmitting the respective identities of the buyer and a designated payment depository account of the seller to a payment service provider operable to effect a transfer of funds from respective ones of a plurality of payment source accounts of the buyer to the designated seller'"'"'s account; authorizing the payment service provider to make a payment of a specified amount from a selected one of the buyer'"'"'s payment source accounts to the designated seller'"'"'s payment depository account; and
,inputting a personal identification number (PIN) associated with the selected buyer'"'"'s account to the service provider. - View Dependent Claims (12, 13, 14, 15, 16)
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17. A payment service provider, comprising:
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a database storing information associating a buyer'"'"'s identity with a plurality of the buyer'"'"'s payment source accounts and personal identification numbers (PINs) respectively associated therewith; and
,a payment service transaction device operable to communicate with respective transaction devices of the buyer and a seller and to effect a transfer of a specified payment amount from a selected one of the buyer'"'"'s payment source accounts to a designated seller'"'"'s payment depository account in response to the receipt of an authorization therefor from the buyer that includes the specified payment amount and the associated PIN of the selected buyer'"'"'s payment source account. - View Dependent Claims (18, 19, 20)
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Specification