ELECTRONIC PAYMENT SYSTEM USING MOBILE WIRELESS COMMUNICATIONS DEVICE AND ASSOCIATED METHODS
First Claim
1. An electronic payment system for a point-of-sale (POS) device to transfer funds from a purchaser account to a merchant account, the POS device configured to send a merchant transaction identification (ID) and transaction information, the electronic payment system comprising:
- a mobile wireless communications device configured to send a purchaser transaction ID and purchaser account access information; and
a payment processor server configured to receive the purchaser transaction ID and purchaser account access information, and further configured to send the transaction information to said mobile wireless communications device if the merchant transaction ID matches the purchaser transaction ID;
said mobile wireless communications device also configured to send confirmation of the transaction information to said payment processor server;
said payment processor server also configured to effect a transfer of funds from the purchaser account to the merchant account based upon the confirmation of the transaction information and the purchaser account access information.
3 Assignments
0 Petitions
Accused Products
Abstract
An electronic payment system is for a point-of-sale (POS) device to transfer funds from a purchaser account to a merchant account. The POS device is to send a merchant transaction identification (ID) and transaction information. The electronic payment system includes a mobile wireless communications device to send a purchaser transaction ID and purchaser account access information. A payment processor server is to receive the purchaser transaction ID and purchaser account access information, and further configured to send the transaction information to the mobile wireless communications device if the merchant transaction ID matches the purchaser transaction ID. The mobile wireless communications device also sends confirmation of the transaction information to the payment processor server, and also effects a transfer of funds from the purchaser account to the merchant account based upon the confirmation of the transaction information and the purchaser account access information.
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Citations
26 Claims
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1. An electronic payment system for a point-of-sale (POS) device to transfer funds from a purchaser account to a merchant account, the POS device configured to send a merchant transaction identification (ID) and transaction information, the electronic payment system comprising:
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a mobile wireless communications device configured to send a purchaser transaction ID and purchaser account access information; and a payment processor server configured to receive the purchaser transaction ID and purchaser account access information, and further configured to send the transaction information to said mobile wireless communications device if the merchant transaction ID matches the purchaser transaction ID; said mobile wireless communications device also configured to send confirmation of the transaction information to said payment processor server; said payment processor server also configured to effect a transfer of funds from the purchaser account to the merchant account based upon the confirmation of the transaction information and the purchaser account access information. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10)
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11. An electronic payment system to transfer funds from a purchaser account to a merchant account comprising:
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a mobile wireless communications device configured to send a purchaser transaction ID and purchaser account access information; an other mobile wireless communications device configured to send a merchant transaction identification (ID) and transaction information; and a payment processor server configured to receive the purchaser transaction ID, purchaser account access information, merchant transaction ID, and transaction information, and further configured to send the transaction information to said mobile wireless communications device if the merchant transaction ID matches the purchaser transaction ID; said mobile wireless communications device also configured to send confirmation of the transaction information to said payment processor server; said payment processor server also configured to effect a transfer of funds from the purchaser account to the merchant account based upon the confirmation of the transaction information and the purchaser account access information. - View Dependent Claims (12, 13, 14)
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15. A payment processor server for a point-of-sale (POS) device and a mobile wireless communications device to transfer funds from a purchaser account to a merchant account, the POS device configured to send a merchant transaction identification (ID) and transaction information, the payment processor server comprising:
a processor and at least one communications interface cooperating therewith and configured to receive a purchaser transaction identification (ID) and purchaser account access information from the mobile wireless communications device, receive the merchant transaction ID and transaction information from the POS device, send the transaction information to the mobile wireless communications device if the merchant transaction ID matches the purchaser transaction ID, receive confirmation of the transaction information from the mobile wireless communications device, and effect a transfer of funds from the purchaser account to the merchant account based upon the confirmation of the transaction information and the purchaser account access information. - View Dependent Claims (16, 17, 18, 19, 20)
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21. A method of operating a payment processing server to transfer funds from a purchaser account to a merchant account, the method comprising:
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receiving a purchaser transaction identification (ID) and purchaser account access information from a mobile wireless communications device; receiving a merchant transaction ID and transaction information from a point-of-sale (POS) device; sending the transaction information to the mobile wireless communications device if the merchant transaction ID matches the purchaser transaction ID; receiving confirmation of the transaction information from the mobile wireless communications device; and effecting a transfer of funds from the purchaser account to the merchant account based upon the confirmation of the transaction information and the purchaser account access information. - View Dependent Claims (22, 23, 24, 25, 26)
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Specification