METHOD AND APPARATUS FOR THE TRANSFER OF A MONEY AMOUNT BY USING A TWO DIMENSION IMAGE CODE

• US 20130024379A1
• Filed: 07/19/2012
• Published: 01/24/2013
• Est. Priority Date: 07/22/2011
• Status: Active Grant

• Current Assignee: Cosmo Di Tucci, Marco Cavaterra
• Original Assignee: Cosmo Di Tucci, Marco Cavaterra
• Inventors: DI TUCCI, Cosmo, CAVATERRA, Marco
• Granted Patent: US 9,552,577 B2
• Time in Patent Office: Days
• US Class Current: 705/44
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 20/223 based on the use of peer-to-peer networks
• CPC Class Codes: G06Q 20/3255 using mobile network messaging services for payment, e.g. SMS
• CPC Class Codes: G06Q 20/326 Payment applications installed on the mobile devices
• CPC Class Codes: G06Q 20/327 Short range or proximity payments by means of M-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 20/3276 using a pictured code, e.g. barcode or QR-code, being read by the M-device
• CPC Class Codes: G07G 1/0081 the reader being a portable scanner or data reader G07G1/009 takes precedence

Abstract

The present disclosure concerns a method for transferring a money amount by using a two-dimension image code. It provides that the registration of the transfer parties affected by a managing entity generates a two-dimension image code containing registration and security data. Moreover, the request of the recipient party to the paying party of the money amount occurs by a two-dimension image code generated on the display of a mobile phone of the recipient party; the payment order of the paying party to the managing entity to pay said money amount involves the capture of the two-dimension image code from the display of the recipient party and sending to the managing party an encrypted SMS message including the data, the reception of the encrypted the SMS message by a central server of the managing party, which forwards or not the request of authorization of payment of the money amount.

Claims

1. Method for transferring a money amount by using a two-dimension image code between a paying party provided with a payment device and a recipient party provided with a reception payment device, comprising:

A. Registration of both paying party and recipient party at a money transfer managing entity on a server, which provides for the management and verification of the paying party and recipient party and is responsible of the authorization to the transfer of money amounts and their payment;

B. Request of the recipient party to the paying party of a money amount, executed between the reception payment device and the payment device;

C. order from the paying party to the money transfer managing entity to pay said money amount to the recipient party, after the insertion of a authorization PIN in the payment device and information communication from the payment device to the server;

D. authorization to the payment from the transfer managing entity to the recipient party, with information communication from the server to the reception payment device;

E. payment of said money amount to the recipient party and sending of a confirmation information of effected money amount transfer to the payment device and reception payment device concerning the effected payment of the money amount, or possible writing off or cancellation of an already effected payment operation;

The method being characterized in that said payment device and said reception payment device are mobile phones, and in that;

in step B, the recipient party generates a two-dimension image code on the display of the reception payment mobile phone;

in step B, the payment mobile phone of the paying party captures the two-dimension image code from the display of the recipient party mobile phone;

in step C, the paying party sends to the server via the payment mobile phone an encrypted authorization SMS message, the encrypted authorization SMS message including data contained in the two-dimension image code, comprising the indication of said money amount,

in step D, the server receives said encrypted authorization SMS message and authorizes or not the payment of the money amount,

the recipient party mobile phone of the recipient party restricting itself in step B to the visualization of said two-dimension code, without sending any relevant information to the money transfer managing entity.

2. Method according to claim 1, wherein, in case of authorization to the payment in step D, the server sends a confirmation of effected payment by means of two confirmation SMS, one directed to the payment mobile phone and the other one directed to the reception payment mobile phone.

3. Method according to claim 1, wherein the registration of step A of the paying party and the recipient party on the server of the money transfer managing entity includes the generation by the server of relevant unique codes called user-ID and assigned to the same paying party and recipient party, the definition of personal details data, account data, payment modes and payment limits, the type of user account, i.e. prepaid or credit card, the request of a ID-SMS utilized for validating the authorization SMS during the authorization to the payment, definition of an alteration code to generate an authorization PIN and an alteration method used to encrypt a protection key for the PIN, generation of a random key to protect the PIN, and definition of a data structure of the two-dimension image code of step B.

4. Method according to claim 1, wherein step D includes the identification of the user who accesses the service on the basis of the information given in step B.

5. Method according to claim 2, wherein the writing off or cancellation of the last effected transaction occurs upon request of the paying party by the generation of a QR-code provided to the recipient party, which confirms the writing off or cancellation by authorization PIN, and wherein the two confirmation SMS confirm the effected writing off, guaranteeing to both parties the execution of the operation and the subsequent the restoration of the previous situation in the respective accounts.

6. Method according to claim 1, wherein the two-dimension image code generated on the display of the reception payment mobile contains the user-ID retrieved from a “

personal details”

archive as well as information retrieved from an “

operations”

archive residing on the reception payment mobile phone.

7. Method according to claim 1, wherein the two-dimension image code presented by the reception party mobile phone and captured by the payment mobile phone, provides as guarantee of the privacy the only user-ID of the recipient party, an operation number, the money amount, the payment mobile phone number.

8. Method according to claim 7, characterized in that the payment mobile phone visualizes on the display the transaction money amount and requests the typing of the authorization PIN, extracts from a “

personal details”

archive the user-ID of the paying party, extracts from a “

keys”

archive the encryption key for the authorization PIN, encrypts the authorization PIN, composes an authorization SMS message and sends it to the server.

9. Method according to claim 1, wherein the only payment mobile phone receives a SMS of refusal to effect the payment in case of a wrong PIN, blocked user profile, exceeding of an expense limit, funds shortage, lack of authorization from a bank and/or credit card system.

10. Method according to claim 1, wherein the two-dimension image code is a QR code, “

Quick response code”

.

11. Method according to claim 1, wherein the payment of the money amount by remote transactions is possible, i.e. when the payment mobile phone is far away from the reception payment mobile phone, and wherein the paying party activates the transaction unilaterally by choosing among the receipt parties in a list, or by typing the mobile telephone number or the ID of the recipient party, the money amount to be credited, the payment reason and the authorization PIN.

12. System for transferring a money amount between a paying party and a recipient party by using a two-dimension image code, wherein a payment device of the paying party and a reception payment device of the recipient party are provided, as well as a server of money transfer managing entity, wherein:

said payment device and reception payment device are mobile phones both provided with a display and at least a camera,

on the reception payment mobile phone a recipient party software module is installed, which is set up to create a two-dimension bar code;

on the payment mobile phone a paying party software module is installed, which is set up to analyze said two-dimension image code and to send to said server a SMS for authorization to payment of the money amount;

on the server of the money transfer managing entity there is;

a managing software module which allows registration and management of new users, blocking and unblocking of transaction service, management of security parameters values and encryption keys, and manages a payment authorizing step, as well as a module managing the reception and sending of SMS, by means of a connection to a SMS forward device;

a module managing the information exchange with gateways of a bank and/or credit card system;

said paying party software module, said recipient party software module and said managing software module being set up to execute the steps of the method according to claim 1.

13. System according to claim 12, wherein said paying party software module and said recipient party software module are present on both reception payment mobile phone and payment mobile phone, making both mobiles phones adapted to execute the role of paying party or recipient party indifferently.