Payment processing systems

• US 20110258076A1
• Filed: 04/12/2011
• Published: 10/20/2011
• Est. Priority Date: 04/13/2010
• Status: Active Grant

• Current Assignee: Locomobi World, Inc.
• Original Assignee: LocoMobi Inc.
• Inventors: Muirbrook, Carl T.
• Granted Patent: US 9,031,868 B2
• Time in Patent Office: Days
• US Class Current: 705/26.41
• CPC Class Codes: G06Q 20/20 Point-of-sale [POS] network systems
• CPC Class Codes: G06Q 20/3224 Transactions dependent on location of M-devices
• CPC Class Codes: G06Q 20/3276 using a pictured code, e.g. barcode or QR-code, being read by the M-device
• CPC Class Codes: G06Q 2240/00 Transportation facility access, e.g. fares, tolls or parking
• CPC Class Codes: G06Q 30/0284 Time or distance, e.g. usage of parking meters or taximeters
• CPC Class Codes: G06Q 30/06 Buying, selling or leasing transactions
• CPC Class Codes: G06Q 30/0613 Third-party assisted
• CPC Class Codes: G06Q 30/0633 Lists, e.g. purchase orders, compilation or processing
• CPC Class Codes: G06Q 30/0639 Item locations
• CPC Class Codes: G07F 17/24 for parking meters

Abstract

A system and methods using applications for payment of goods and/or services based on verifying whether geographic information received from an electronic device with the app corresponds with geographic information from a registered location. A processing center executes a default action when the geographic information so corresponds, and in one embodiment, the default action is to complete the transaction.

Claims

1. A payment system comprising:

entering, into a remote processing center, information corresponding to at least one registered location, wherein said information comprises a geographic location of a point of sale, and wherein said remote center recognizes said point of sale as a registered location upon entry of geographic information;

downloading a payment application to an internet-connected device, wherein said download prompts a consumer to enter at least one consumer payment option;

launching said payment application at said registered location, wherein upon launch, said application transmits information via the internet to a remote communication device, and wherein said information comprises the geographic location of the internet-connected device;

analyzing, by said remote processing center, whether the geographic information received from said internet-connected device corresponds to a registered location;

executing, by the processing center, a default action when said geographic information from said internet-connected device and said registered location correspond.

2. The system of claim 1 wherein said geographic information corresponding to a registered location is entered using longitude and latitude.

3. The system of claim 1 wherein a plurality of registered locations are entered into the processing center.

4. The system of claim 1 wherein a point of sale includes more than one registered location.

5. The system of claim 4 wherein each registered location corresponds to a single cash register.

6. The system of claim 1 wherein said entry of information corresponding to a registered location comprises merchant parameters.

7. The system of claim 6 wherein said merchant parameters are selected from the group consisting essentially of merchant identification information, maximum transaction amount, and cash register identification.

8. The system of claim 1 wherein said consumer payment option is selected from the group consisting essentially of credit, debit, cash.

9. The system of claim 1 wherein a consumer payment option is linked to a registered location.

10. The system of claim 1 wherein said default action is to complete the payment transaction.

11. The system of claim 1 wherein said default action is to prompt the consumer for more input.

12. The system of claim 1 wherein said registered location is a parking facility.

13. A payment system comprising:

entering, into a remote processing center, information corresponding to at least one action location, wherein said entered information comprises a geographic location of said action location, wherein said remote center recognizes said action location as a registered location upon entry of geographic information, and wherein said registered location has software in communication with said remote processing center;

linking unique readable code with each registered location;

downloading a payment application to an internet-connected device with a camera, wherein said download prompts a consumer to enter at least one consumer payment option;

launching said payment application at said registered location, wherein upon launch, said application transmits geographic location information of said internet-connected device via the internet to a remote communication device;

processing, by said remote processing center, whether the geographic information received from said internet-connected device corresponds to a registered location linked with readable code;

executing, by the processing center, a default action activating said camera when said geographic information from said internet-connected device and said registered location correspond;

reading, by said activated camera, said readable code;

transmitting said readable code, by said internet-connected device, via the internet to said processing center;

analyzing, by said remote processing center, said readable code received from said camera; and

executing, by said processing center, a default action when said readable code, said geographic information from said internet-connected device and said registered location correspond.

14. The system of claim 13 wherein there is more than one registered location at each action location.

15. The system of claim 13 wherein said unique code is linked to a registered location by tangible media displaying readable code.

16. The system of claim 13 wherein a cash register is a registered location, and said default action instructs said action location software to transmit a transaction amount to said processing center.

17. The system of claim 13 wherein a gate is a registered location, and said default action opens said action location software to open said gate.