SYSTEM AND METHOD FOR APPROVING TRANSACTIONS
First Claim
Patent Images
1. A method, comprising:
- identifying a payer from a payer identification device using a merchant payment device;
transmitting a request for authentication data from the merchant payment device to a mobile communications device of the payer;
transmitting a request for approval of a transaction between a merchant and the payer in response to receiving the authentication data from the merchant payment device.
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0 Petitions
Accused Products
Abstract
In a transaction between a merchant and a payer, approval of the transaction may be provided by a payment processing system using authentication information provided from a mobile device of the payer. The authentication information may include a location of the payer mobile device which may be compared to a location of a merchant payment device such that the transaction is approved if the payer mobile device is within a defined distance of the merchant payment device.
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Citations
37 Claims
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1. A method, comprising:
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identifying a payer from a payer identification device using a merchant payment device; transmitting a request for authentication data from the merchant payment device to a mobile communications device of the payer; transmitting a request for approval of a transaction between a merchant and the payer in response to receiving the authentication data from the merchant payment device. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8)
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9-17. -17. (canceled)
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18. A computer-readable storage device comprising computer-executable instructions stored thereon that configure a processing device to perform operations comprising:
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reading a payment identification device of a payer; identifying a mobile communications device of the payer; requesting authentication information from the mobile communications device; generating a transaction record incorporating the authentication information in response to receiving the authentication information from the mobile communications device; and providing the transaction record to a payment processing system. - View Dependent Claims (19, 20)
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21. A device, comprising:
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an identification module configured to identify a payer from a payer identification; a transmission module configured to transmit a request for authentication data to a mobile device of the payer; and a reception module configured to receive the authentication data from the mobile device in response to the request; wherein the transmission module is further configured to transmit a request for approval of a transaction between a merchant and the payer in response to the authentication data. - View Dependent Claims (22, 23, 24, 25, 26, 27)
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28. A method, comprising:
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receiving a request to approve a transaction between a merchant and a payer, the request comprising a location of a device of the payer and an identification of the payer; and transmitting an approval for the transaction in response to the location of the device being within a predefined distance from a location of the merchant. - View Dependent Claims (29, 30)
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31. A computer-readable storage device comprising computer-executable instructions stored thereon that configure a processing device to perform operations comprising:
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receiving a request to approve a transaction between a merchant and a payer, the request comprising a location of a mobile device of the payer and an identification of the payer; and transmitting an approval for the transaction in response to the location of the mobile device being within a predefined distance from a location of the merchant. - View Dependent Claims (32, 33)
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34. A device, comprising:
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a reception module configured to receive a request to approve a transaction between a merchant and a payer, the request comprising a location of a mobile device of the payer and an identification of the payer; and a transmission module configured to transmit an approval for the transaction in response to the location of the mobile device being within a predefined distance from a location of the merchant. - View Dependent Claims (35, 36, 37)
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Specification