SYSTEM AND METHOD FOR CREDIT CARD TRANSACTION APPROVAL BASED ON MOBILE SUBSCRIBER TERMINAL LOCATION
First Claim
Patent Images
1. A method of authorizing a transaction, said method comprising the steps of:
- receiving a request to authorize a transaction being conducted at a point-of-sale (POS);
acquiring purchaser data from the request;
receiving an approval to permit an authorizing entity to determine a location of the purchaser;
transmitting a request to locate the purchaser and receiving location data indicating the location of the purchaser in response thereto;
comparing a POS location with the purchaser location; and
authorizing or denying the transaction based on the step of comparing.
1 Assignment
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Accused Products
Abstract
A user activity, which may be a credit card transaction or an on-line access, is approved based on the user'"'"'s location at the time of the transaction or access. If the transaction or access is denied, the user may call or send a text message to the authorizing entity to permit the authorizing entity to determine the user'"'"'s location. Then, the authorizing entity transmits a request to locate the user and receives location data indicating the location of the user in response thereto. If the user location is within a predetermined proximity to the location of the user activity, the user activity is authorized.
255 Citations
20 Claims
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1. A method of authorizing a transaction, said method comprising the steps of:
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receiving a request to authorize a transaction being conducted at a point-of-sale (POS); acquiring purchaser data from the request; receiving an approval to permit an authorizing entity to determine a location of the purchaser; transmitting a request to locate the purchaser and receiving location data indicating the location of the purchaser in response thereto; comparing a POS location with the purchaser location; and authorizing or denying the transaction based on the step of comparing. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9)
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10. A method of authenticating a user for access to a secure account, comprising the steps of:
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receiving a request to access the secure account from an IP address associated with the user; receiving an approval to permit an authorizing entity to determine a location of the purchaser; transmitting a request to locate the user and receiving location data indicating the location of the user in response thereto; comparing a location associated with the IP address with the location of the user; and authorizing or denying the access based on the step of comparing. - View Dependent Claims (11, 12, 13, 14, 15, 16, 17, 18)
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19. A non-transitory computer readable storage medium comprising instructions to be executed in a computing device to carry out a method of authorizing a user activity, said method comprising the steps of:
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receiving a request to authorize the user activity; receiving an approval to permit an authorizing entity to determine a location of the user; transmitting a request to locate the user and receiving location data indicating the location of the user in response thereto; comparing a location of the user activity with the user location; and authorizing the user activity if the user location is within a predetermined proximity to the location of the user activity. - View Dependent Claims (20)
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Specification