Methods and Systems for Reserving and Completing Purchases

• US 20120036045A1
• Filed: 08/05/2011
• Published: 02/09/2012
• Est. Priority Date: 08/09/2010
• Status: Abandoned Application

• Current Assignee: Paybymobile
• Original Assignee: Paybymobile
• Inventors: Lowe, William Patrick, Kelly, Oran
• Application Number:
  US13/204,007
• Publication Number:
  US 20120036045A1
• Time in Patent Office: Days
• US Class Current: 705/26.44
• CPC Class Codes: G06Q 20/02 involving a neutral party, e.g. certification authority, notary or trusted third party [TTP]
• CPC Class Codes: G06Q 20/12 specially adapted for electronic shopping systems
• CPC Class Codes: G06Q 20/24 Credit schemes, i.e. "pay after"
• CPC Class Codes: G06Q 20/385 using an alias or single-use codes
• CPC Class Codes: G06Q 30/00 Commerce
• CPC Class Codes: G06Q 30/0619 Neutral agent

Abstract

A method of reserving and completing purchases includes transmitting, by a first computing device, a payment authorization code to a second computing device, the payment authorization code associated with an order placed by a user of the second computing device. The method includes receiving, by a transaction management component executing on a third computing device, the payment authorization code from the second computing device. The method includes requesting, by the transaction management component, from the user, a payment to complete the order within a time period. The method includes determining, by the transaction management component, that the user provided the requested payment within the time period. The method includes instructing, by the transaction management component, a retailer transaction management component executing on the first computing device to fulfill the order, responsive to the determination.

Claims

1. A method of reserving and completing purchases, the method comprising:

transmitting, by a first computing device, a payment authorization code to a second computing device, the payment authorization code associated with an order placed by a user of the second computing device;

receiving, by a transaction management component executing on a third computing device, the payment authorization code from the second computing device;

requesting, by the transaction management component, from the user, a payment to complete the order within a time period;

determining, by the transaction management component, that the user provided the requested payment within the time period; and

instructing, by the transaction management component, a retailer transaction management component executing on the first computing device to fulfill the order, responsive to the determination.

2. The method of claim 1 further comprising receiving, by a code generation component executing on the third computer, from a code request component executing on the first computing device, a request for the payment authorization code.

3. The method of claim 1 further comprising receiving, by a code request component executing on the first computing device, from a code generation component executing on the third computing device, the payment authorization code.

4. The method of claim 1 further comprising transmitting, by the transaction management component, to the retailer transaction management component, a notification of receipt of the payment authorization code from the second computing device.

5. The method of claim 1 further comprising transferring, by the transaction management component, a subset of the requested payment to an account associated with an owner of the first computing device.

6. A system for reserving and completing purchases comprising:

a first computing device transmitting a payment authorization code to a second computing device, the payment authorization code associated with an order placed by a user of the second computing device; and

a transaction management component (i) executing on a third computing device, (ii) receiving, from the second computing device, the payment authorization code, (iii) requesting, from the user, a payment to complete the order within a time period, (iv) determining that the user provided the requested payment within the time period and (v) instructing a retailer transaction management component executing on the first computing device to fulfill the order, responsive to the determination.

7. The system of claim 6 further comprising a code request component executing on the first computing device and requesting, from the third computing device, the payment authorization code.

8. The system of claim 6 further comprising a code generation component executing on the third computing device, generating the payment authorization code, and transmitting the payment authorization code to the first computing device.

9. The system of claim 6 further comprising an account management component executing on the third computing device, receiving from the user of the second computing device account registration information and establishing a user account for the user responsive to the received account registration information.

10. The system of claim 6 further comprising an account management component executing on the third computing device, receiving from the user of the second computing device an identification of the second computing device as a device from which the user may access account information associated with the user and stored by the third computing device.

11. The system of claim 6 further comprising an account management component executing on the third computing device, receiving from the user of the second computing device an identification of a fourth computing device as a device from which the user may access account information associated with the user and stored by the third computing device.

12. The system of claim 11, wherein the account management component further comprises means for receiving information authenticating the fourth computing device to the third computing device.

13. A method of reserving and completing purchases, the method comprising:

receiving, by a transaction management component executing on a first computing device, a plurality of payment authorization codes from a user of a second computing device, each of the plurality of payment authorization codes associated with one of a plurality of orders placed by the user;

requesting, by the transaction management component, from the user, a payment for each of the plurality of orders within a time period;

determining, by the transaction management component, that the user provided the requested payment within the time period; and

directing, by the transaction management component, fulfillment of each of the plurality of orders, responsive to the determination.

14. A method of reserving and completing purchases, the method comprising:

receiving, by a transaction management component executing on a first computing device, a plurality of payment authorization codes from a user of a second computing device, each of the plurality of payment authorization codes associated with one of a plurality of orders placed by the user;

requesting, by the transaction management component, from the user, a payment for each of the plurality of orders within a time period;

determining, by the transaction management component, that the user provided a subset of the requested payment within the time period;

identifying, by the transaction management component, one of the plurality of orders that the subset of the requested payment is sufficient to complete; and

instructing, by the transaction management component, a retailer transaction management component associated with the identified one of the plurality of orders to fulfill the identified one of the plurality of orders, responsive to the identification.

15. The method of claim 14 further comprising applying an algorithm to identify the one of the plurality of orders that the subset of the requested payment is sufficient to complete.

16. The method of claim 14 further comprising:

identifying a second one of the plurality of orders that the subset of the requested payment is sufficient to complete; and

instructing, by the transaction management component, a retailer transaction management component associated with the identified second one of the plurality of orders to fulfill the identified second order responsive to the identification.

17. The method of claim 14 further comprising:

determining that the subset of the requested payment is insufficient to complete a second one of the plurality of orders; and

requesting, by the transaction management component, from the user, an additional payment for each unfulfilled order in the plurality of orders within a second time period.

18. A method of reserving and completing purchases, the method comprising:

receiving, by an account management component executing on a first computer, funding from a user for deposit into a user account;

transmitting, by a second computing device, a payment authorization code to a third computing device, the payment authorization code associated with a first order placed by the user;

receiving, by a transaction management component executing on the first computing device, the payment authorization code from the third computing device;

determining, by the transaction management component, that the funding in the user account is sufficient to pay for the first order;

instructing, by the transaction management component, a retailer transaction management component executing on the second computing device to fulfill the first order, responsive to the determination;

providing, by a fourth computing device, to the third computing device, a second payment authorization code associated with a second order placed by the user;

transmitting, by the third computing device, to the transaction management component, the second payment authorization code;

determining, by the transaction management component, that the funding in the user account is insufficient to pay for the second order;

requesting, by the transaction management component, from the user, additional funds to complete the second order within a time period;

determining, by the transaction management component, that the user provided the requested additional funds within the time period; and

instructing, by the transaction management component, a second retailer transaction management component executing on the fourth computing device to fulfill the second order, responsive to the determination.

19. The method of claim 18 further comprising operating, by a single retailer, the second computing device and the fourth computing device.

20. The method of claim 18 further comprising:

operating, by a first retailer, the second computing device; and

operating, by a second retailer, the fourth computing device.