ATM/KIOSK Cash Acceptance

• US 20120047070A1
• Filed: 12/16/2010
• Published: 02/23/2012
• Est. Priority Date: 04/02/2008
• Status: Abandoned Application

• Current Assignee: Global 1 Enterprises
• Original Assignee: Global 1 Enterprises
• Inventors: Pharris, Jennifer
• Application Number:
  US12/969,667
• Publication Number:
  US 20120047070A1
• Time in Patent Office: Days
• US Class Current: 705/43
• CPC Class Codes: G06Q 20/108 Remote banking, e.g. home banking
• CPC Class Codes: G06Q 20/1085 involving automatic teller machines [ATMs]
• CPC Class Codes: G06Q 20/12 specially adapted for electronic shopping systems
• CPC Class Codes: G06Q 20/223 based on the use of peer-to-peer networks
• CPC Class Codes: G06Q 20/322 Aspects of commerce using mobile devices [M-devices]
• CPC Class Codes: G06Q 20/3227 using secure elements embedded in M-devices
• CPC Class Codes: G06Q 20/326 Payment applications installed on the mobile devices
• CPC Class Codes: G06Q 20/3274 using a pictured code, e.g. barcode or QR-code, being displayed on the M-device
• CPC Class Codes: G06Q 20/385 using an alias or single-use codes
• CPC Class Codes: G06Q 20/425 using two different networks, one for transaction and one for security confirmation
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03
• CPC Class Codes: H04L 63/08 for authentication of entities cryptographic mechanisms or cryptographic arrangements for entity authentication H04L9/32
• CPC Class Codes: H04M 15/00 Arrangements for metering, time-control or time indication ; Metering, charging or billing arrangements for voice wireline or wireless communications, e.g. VoIP
• CPC Class Codes: H04M 17/02 Coin-freed or check-freed systems , e.g. mobile- or card-operated phones, public telephones or booths
• CPC Class Codes: H04M 17/20 with provision for recharging the prepaid account or card, or for credit establishment
• CPC Class Codes: H04M 17/204 on-line recharging, e.g. cashless

Abstract

In one aspect, this invention relates to a new method for using a mobile telephone, in conjunction with a payment transaction server, as an authentication and cash payment device of a cash deposit made into an ATM/KIOSK for a variety of financial transactions where a cash payment is desired. Further, the transaction systems and methods for mobile telephone devices described herein allow a mobile telephone to participate in payment transactions in a manner that helps prevent identify theft and without relying on transferring amounts to/from one stored value account to another. It is emphasized that this abstract is provided to enable a searcher to quickly ascertain the subject matter of the technical disclosure and is submitted with the understanding that it will not be used to interpret or limit the scope or meaning of the claims.

Claims

1. A computer-implemented method for sending cash among customers of an authorized agent using ATM/KIOSKS, and cell phones of said customers, comprising the following steps:

(a) entities become customers of said agent by providing secret pin codes and cell phone numbers to uniquely indentify said customers to said agent, and by authorizing said agent to maintain financial accounts on behalf of said customers, said accounts being logically associated with information that uniquely identifies and links said cell phones to said customers using computer-implemented application software provided by said agent on said cell phones.

(b) said customers send cash to other said customers by inputting into said ATM/KIOSKS cash amounts, said pin codes and said cell phone numbers of said customers who are sending, and said cell phone numbers of said customers who are receiving said cash amounts.

3. The method of claim 1 wherein said step to send cash, further comprises said customers send cash deposited into said ATM/KIOSKS to other said customers.

4. The method of claim 1, 2 or 3 wherein said step to become customers, further comprises said entities become customers of said agent by inputting into said ATM/KIOSKS, valid legal picture IDs, secret pin codes and cell phone numbers to uniquely indentify said customers to said agent, and by authorizing said agent to maintain financial accounts on behalf of said customers, said accounts being logically associated with information that uniquely identifies and links said cell phones to said customers using computer-implemented application software provided by said agent download to said cell phones.

5. The method of claim 4 wherein said step to become customers, further comprises said entities become customers of said agent by inputting into said ATM/KIOSKS, credit card information.

6. The method of claim 4 wherein said step to become customers, further comprises said entities become customers of said agent by inputting into said ATM/KIOSKS, bank account information.

7. The method of claim 4 wherein said step to become customers, further comprises said entities become customers of said agent by inputting into said ATM/KIOSKS, thumbprint information.

2. The method of claim 2 wherein said step to send cash, further comprises said customers send cash debited against said financial accounts to other said customers.

8. A computer-implemented method for processing payment transactions initiated using a mobile telephone as both a payment device and as an ATM/KIOSK authentication device for making cash deposits, comprising:

receiving a request to enroll a mobile telephone in a payment transaction system, wherein the request includes an indication of an identity of an individual enrolling the mobile telephone and the telephone number of the mobile telephone;

establishing a bank account for the mobile telephone, wherein the bank account is tied to both the individual and the telephone number of the mobile telephone received with the request; and

providing a payment application for installation on the mobile telephone, wherein the payment application, when executed on the mobile telephone, allows the individual to initiate payment transactions using the mobile telephone as both the payment device and ATM/KIOSK authentication device for making cash payments.

9. The computer-implemented method of claim 8, further comprising, prior to establishing the bank account for the mobile telephone, validating the identity of the individual enrolling the mobile telephone and the telephone number of the mobile telephone.

10. The computer-implemented method of claim 9, wherein validating the identity of the individual enrolling the mobile telephone comprises confirming that a service provider has a mobile telephone account for the mobile telephone associated with a subscriber matching the identity of the individual.

11. The computer-implemented method of claim 8, further comprising:

receiving, from the payment application on the mobile telephone, a request to transfer funds to the bank account established for the mobile telephone;

prompting the individual to select a source of funds for the transfer;

initiating a transfer of funds from the selected source to the bank account established for the mobile telephone.

12. The computer-implemented method of claim 11, further comprising:

receiving, form the payment application on the mobile telephone, a request to initiate a payment transaction with a merchant;

generating a payment code;

transmitting the payment code to the payment application on the mobile telephone;

receiving, from a point-of-sale system at the merchant, the payment code and a transaction amount;

upon determining sufficient funds are available in the bank account established for the mobile telephone;

transferring funds from the bank account established for the mobile telephone to an account associated with the merchant, and transmitting, to both the mobile telephone and the point of sale system, a confirmation that the payment transaction was completed successfully.

13. The computer-implemented method of claim 12, wherein the payment application on the mobile telephone is configured to generate, from the payment code, a machine readable barcode scanned by the point-of-sale system at the merchant.

14. The computer-implemented method of claim 12, wherein the payment application on the mobile telephone is configured to generate, from the payment code, an alphanumeric string keyed into the point-of-sale system at the merchant.

15. The computer-implemented method of claim 11, further comprising:

receiving, from the payment application on the mobile telephone, a request to transfer a specified amount of funds from the mobile telephone to a second mobile telephone enrolled in the payment transaction system;

upon determining sufficient funds are available in the bank account established for the mobile telephone, prompting a second individual associated with the second mobile telephone to authorize the request to transfer funds; and

upon receiving a confirmation from the second individual, transferring the specified amount of funds from the account established for the mobile telephone to an account established for the second mobile telephone, wherein the account established for the second mobile telephone is tied to both the second individual and a telephone number of the second mobile telephone.

16. A computer-readable storage medium containing a program, which, when executed on a processor performs an operation for processing cash payment transactions initiated using a mobile telephone to authenticate a cash payment made at an ATM/KIOSK, the operation comprising:

receiving a request to enroll a mobile telephone in a cash payment transaction system, wherein the request includes an indication of an identity of an individual enrolling the mobile telephone and the telephone number of the mobile telephone;

establishing a bank account for the mobile telephone, wherein the bank account is tied to both the individual and the telephone number of the mobile telephone received with the request; and

providing a cash payment application for installation on the mobile telephone, wherein the cash payment application, when installed and executed on the mobile telephone, allows the individual to initiate cash payment transactions using the mobile telephone to authenticate the identity of the individual making the cash payment at an ATM/KIOSK.

17. The computer-readable storage medium of claim 16, wherein the operation further comprises, prior to establishing the bank account for the mobile telephone, validating the identity of the individual enrolling the mobile telephone and the telephone number of the mobile telephone.

18. The computer-readable storage medium of claim 17, wherein validating the identity of the individual enrolling the mobile telephone comprises confirming that a service provider has a mobile telephone account for the mobile telephone associated with a subscriber matching the identity of the individual.

19. The computer-readable storage medium of claim 16, wherein the operation further comprises:

receiving, from the cash payment application on the mobile telephone, a request to transfer funds to the bank account established for the mobile telephone;

prompting the individual to select a source of funds for the transfer; and

initiating a transfer of funds from the selected source to the bank account established for the mobile telephone.

20. The computer-readable storage medium of claim 19, wherein the operation further comprises:

receiving, form the cash payment application on the mobile telephone, a request to initiate a payment transaction with a merchant;

generating a payment code;

transmitting the payment code to the cash payment application on the mobile telephone;

receiving, from a point-of-sale system at the merchant, the payment code and a transaction amount;

upon determining sufficient funds are available in the bank account established for the mobile telephone;

transferring funds from the bank account established for the mobile telephone to an account associated with the merchant, and transmitting, to both the mobile telephone and the point of sale system, a confirmation that the payment transaction was completed successfully.

21. The computer-readable storage medium of claim 20, wherein the cash payment application on the mobile telephone is configured to generate, from the payment code, a machine readable barcode scanned by the point-of-sale system at the merchant.

22. The computer-readable storage medium of claim 20, wherein the cash payment application on the mobile telephone is configured to generate, from the payment code, an alphanumeric string keyed into the point-of-sale system at the merchant.

23. The computer-readable storage medium of claim 19, wherein the operation further comprises:

receiving, from the cash payment application on the mobile telephone, a request to transfer a specified amount of funds from the mobile telephone to a second mobile telephone enrolled in the payment transaction system;

upon determining sufficient funds are available in the bank account established for the mobile telephone, prompting a second individual associated with the second mobile telephone to authorize the request to transfer funds; and

upon receiving a confirmation from the second individual, transferring the specified amount of funds from the account established for the mobile telephone to an account established for the second mobile telephone, wherein the account established for the second mobile telephone is tied to both the second individual and a telephone number of the second mobile telephone.

24. A system, comprising:

a processor and a memory containing a transaction server, which when executed by the processor performs an operation for processing cash payment transactions initiated using a mobile telephone to authenticate a cash payment deposited into an ATM/KIOSK, the operation comprising;

receiving a request to enroll a mobile telephone in a payment transaction system, wherein the request includes an indication of an identity of an individual enrolling the mobile telephone and the telephone number of the mobile telephone, and establishing a bank account for the mobile telephone, wherein the bank account is tied to both the individual and the telephone number of the mobile telephone received with the request; and

a cash payment application for installation on the mobile telephone, wherein the cash payment application, when installed and executed on the mobile telephone, communicates with the transaction server to initiate payment transactions using the mobile telephone to authenticate the identity of the individual making the cash payment deposit at an ATM/KIOSK.

25. The system of claim 24, wherein the operation further comprises, prior to establishing the bank account for the mobile telephone, validating the identity of the individual enrolling the mobile telephone and the telephone number of the mobile telephone.

26. The system of claim 25, wherein validating the identity of the individual enrolling the mobile telephone comprises confirming that a service provider has a mobile telephone account for the mobile telephone associated with a subscriber matching the identity of the individual.

27. The system of claim 24, wherein the operation further comprises:

receiving, from the cash payment application on the mobile telephone, a request to transfer funds to the bank account established for the mobile telephone;

prompting the individual to select a source of funds for the transfer;

initiating a transfer of funds from the selected source to the bank account established for the mobile telephone.

28. The system of claim 27, wherein the operation further comprises:

receiving, form the cash payment application on the mobile telephone, a request to initiate a payment transaction with a merchant;

generating a payment code;

transmitting the payment code to the payment application on the mobile telephone;

receiving, from a point-of-sale system at the merchant, the payment code and a transaction amount;

upon determining sufficient funds are available in the bank account established for the mobile telephone;

transferring funds from the bank account established for the mobile telephone to an account associated with the merchant, and transmitting, to both the mobile telephone and the point of sale system, a confirmation that the payment transaction was completed successfully.

29. The system of claim 28, wherein the cash payment application on the mobile telephone is configured to generate, from the payment code, a machine readable barcode scanned by the point-of-sale system at the merchant.

30. The system of claim 28, wherein the cash payment application on the mobile telephone is configured to generate, from the payment code, an alphanumeric string keyed into the point-of-sale system at the merchant.

31. The system of claim 27, wherein the operation further comprises:

receiving, from the payment application on the mobile telephone, a request to transfer a specified amount of funds from the mobile telephone to a second mobile telephone enrolled in the payment transaction system;

upon determining sufficient funds are available in the bank account established for the mobile telephone, prompting a second individual associated with the second mobile telephone to authorize the request to transfer funds; and

upon receiving a confirmation from the second individual, transferring the specified amount of funds from the account established for the mobile telephone to an account established for the second mobile telephone, wherein the account established for the second mobile telephone is tied to both the second individual and a telephone number of the second mobile telephone.