Mobile Networked Payment System
First Claim
1. A financial transactions system comprising:
- a consumer interface, coupled to a network, comprising;
a Web interface to handle transaction requests from a Web browser client;
a mobile Internet browser to handle transaction requests from a mobile Internet browser on a mobile phone client;
an SMS interface to handle transaction requests using SMS text messaging; and
a mobile client application interface to handle requests from a mobile client application executing on mobile phone client.
2 Assignments
0 Petitions
Accused Products
Abstract
A mobile payment platform and service provides a fast, easy way to make payments by users of mobile devices. The platform also interfaces with nonmobile channels and devices such as e-mail, instant messenger, and Web. In an implementation, funds are accessed from an account holder'"'"'s mobile device such as a mobile phone or a personal digital assistant to make or receive payments. Financial transactions can be conducted on a person-to-person (P2P) or person-to-merchant (P2M) basis where each party is identified by a unique indicator such as a telephone number or bar code. Transactions can be requested through any number of means including SMS messaging, Web, e-mail, instant messenger, a mobile client application, an instant messaging plug-in application or “widget.” The mobile client application, resident on the mobile device, simplifies access and performing financial transactions in a fast, secure manner.
121 Citations
18 Claims
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1. A financial transactions system comprising:
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a consumer interface, coupled to a network, comprising; a Web interface to handle transaction requests from a Web browser client; a mobile Internet browser to handle transaction requests from a mobile Internet browser on a mobile phone client; an SMS interface to handle transaction requests using SMS text messaging; and a mobile client application interface to handle requests from a mobile client application executing on mobile phone client. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9)
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10. A method comprising:
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providing an application program interface to conduct transactions with a first financial partner; providing an SMS messenging interface to receive requests to conduct transactions; and providing a mobile client application interface to receive requests to conduct transactions, wherein through the SMS messenger interface or the mobile client interface, a client can request a transfer money from a first account at the first financial partner to a second account at the second financial partner. - View Dependent Claims (11, 12)
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13. A method comprising the steps of
receiving from a sender an electronic request to initiate a remittance transaction for transferring a transaction amount from a sender to a recipient, the request specifying a transaction amount, electronically sending instructions to a first financial institution to perform a general ledger transfer from an account that belongs to the sender to a first account that is accessible by a payment card system, directing, via a web service adapted to communicate with a server computer to a plurality of service providers and to a plurality of financial institutions, the first financial institution to participate in a payment transaction in the payment card system, the payment transaction transferring the transaction amount from the first account to one of a group comprising an account that belongs to the recipient maintained at a second financial institution, and a second account that is accessible by the payment card system, and receiving settlement confirmations from the first and second financial institutions involved in the remittance transaction and the payment card system.
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14. A method comprising the steps of
receiving at a server from a sender an electronic instruction to initiate a remittance transaction transferring a transaction amount from a sender to a recipient, the instruction specifying a transaction amount and indicia sufficient to identify the recipient, responding electronically to the request by performing a general ledger transfer from a direct deposit account that belongs to the sender to a first account that is accessible by a card system; - and
participating in a payment transaction in the card system for transferring electronically the transaction amount from the first commercial account to one of a group comprising an account that belongs to the recipient and a second account that is accessible by the card system. - View Dependent Claims (15, 16, 17, 18)
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Specification