MOBILE DEVICE AUTHORIZATION SYSTEM FOR CONCURRENT SUBMISSION OF MULTIPLE TENDER TYPES

• US 20130138516A1
• Filed: 11/28/2011
• Published: 05/30/2013
• Est. Priority Date: 11/28/2011
• Status: Active Grant

• Current Assignee: Stripe, Inc.
• Original Assignee: Mocapay, Inc. (Moca Financial, Inc.)
• Inventors: White, William O.
• Granted Patent: US 9,292,846 B2
• Time in Patent Office: Days
• US Class Current: 705/16
• CPC Class Codes: G06Q 20/204 comprising interface for record bearing medium or carrier for electronic funds transfer or payment credit
• CPC Class Codes: G06Q 20/325 using wireless networks
• CPC Class Codes: G06Q 20/3278 RFID or NFC payments by means of M-devices
• CPC Class Codes: G06Q 20/385 using an alias or single-use codes
• CPC Class Codes: G06Q 20/4012 Verifying personal identification numbers [PIN]
• CPC Class Codes: G06Q 20/425 using two different networks, one for transaction and one for security confirmation

Abstract

Methods, systems, and devices are described for providing mobile device transaction approvals utilizing multiple forms of tender. An identifier of a mobile device and a request for a transaction authorization may be transmitted from a mobile device and received at a payment authority system. The payment authority system may generate a payment code for transmission to the mobile device. The payment code may be provided to a point of sale (POS) system. The POS system may transmit a transaction amount, an identifier of a merchant, and the payment code to the payment authority system. A number of forms of tender may be applied to the transaction amount. The payment authority system may generate a unified approval code applying the multiple forms of tender to the transaction. The unified approval code may be transmitted to the POS system and applied to a transaction.

Claims

1. A method of mobile device transaction approval applying a plurality of forms of tender, the method comprising:

receiving an identifier of a mobile device and a request for a transaction authorization;

generating a payment code for transmission to the mobile device in response to receiving the mobile device identifier and the request for the transaction authorization;

receiving a transaction amount, an identifier of a merchant, and the payment code from a point of sale (POS) system;

applying the plurality of forms of tender to the transaction amount; and

generating a unified approval code applying the plurality of forms of tender to the transaction for transmission to the POS system.

2. The method of claim 1, wherein applying a plurality of forms of tender to the transaction amount comprises:

automatically applying the plurality of forms of tender to the transaction amount according to preset preferences of a user of the mobile device.

3. The method of claim 1, further comprising:

transmitting a user interface to a user of the mobile device to select preferences relating to forms of tender to be applied; and

receiving selected preferences from the user of the mobile device,

wherein applying the plurality of forms of tender to the transaction amount comprises applying the plurality of forms of tender to the transaction amount according to selected preferences.

4. The method of claim 3, wherein,

transmitting the user interface comprises transmitting the user interface in response to receiving the request for a transaction authorization;

and

receiving the selected preferences occurs before generating the payment code.

5. The method of claim 1, wherein applying the plurality of forms of tender to the transaction amount comprises:

automatically applying the plurality of forms of tender to the transaction amount at least in part according to preset preferences of the merchant.

6. The method of claim 5, further comprising:

offering an additional form of tender to the user of the mobile device in response to receiving the merchant identifier and according to preset preferences of the merchant.

7. The method of claim 1, wherein the plurality of forms of tender include at least a credit card, a debit card, a gift card, a prepaid card, a coupon, a digital currency, or a loyalty card.

8. The method of claim 1, wherein the unified approval code applying the plurality of forms of tender to the transaction results in an amount less than the transaction amount, and an additional amount remains due.

9. The method of claim 1, wherein the request for the transaction authorization comprises information identifying the merchant.

10. The method of claim 1, further comprising:

transmitting the payment code to the mobile device; and

transmitting the unified approval code to the point of sale (POS) system.

11. A payment authority system for mobile device transaction approvals, the system comprising:

a first interface configured to receive a mobile device identifier and a request for a transaction authorization;

a mobile device payment code module, in communication with the first interface, and configured to generate a payment code for transmission to the mobile device;

a second interface configured to receive a transaction amount, a merchant identifier, and the payment code from a point of sale (POS) system; and

a POS approval code module, in communication with the second interface, and configured to;

apply a plurality of forms of tender to the transaction amount; and

generate a unified approval code applying the plurality of forms of tender to the transaction for transmission to the POS system.

12. The payment authority system of claim 11, wherein the point of sale (POS) approval code module automatically applies the plurality of forms of tender to the transaction amount according to preset preferences of a user of the mobile device.

13. The payment authority system of claim 11, wherein the point of sale (POS) approval code module is further configured to:

transmit a user interface to a user of the mobile device to select preferences relating to forms of tender to be applied; and

receive selected preferences from the user of the mobile device,

wherein applying the plurality of forms of tender to the transaction amount comprises applying the plurality of forms of tender to the transaction amount according to selected preferences.

14. The payment authority system of claim 13, wherein the point of sale (POS) approval code module transmits the user interface in response to receiving the request for a transaction authorization;

and

receives the selected preferences before generating the payment code.

15. The payment authority system of claim 11, wherein the point of sale (POS) approval code module automatically applies the plurality of forms of tender to the transaction amount at least in part according to preset preferences of the merchant.

16. The payment authority system of claim 15, wherein the point of sale (POS) approval code module is further configured to offer an additional form of tender to the user of the mobile device in response to receiving the merchant identifier and according to preset preferences of the merchant.

17. A method of mobile device transaction approvals applying a plurality of forms of tender, the method comprising:

transmitting a transaction authorization request and a mobile device identifier;

receiving a unified payment code in response to the request for authorization, the unified payment code formatted to apply the plurality of forms of tender to a transaction amount; and

providing the unified payment code to a point of sale (POS) system.

18. The method of claim 17, further comprising:

transmitting preset preferences for applying the plurality of forms of tender of a user of the mobile device.

19. The method of claim 17, further comprising:

receiving, in response to transmitting the request for the transaction authorization, a user interface identifying options for selecting preferences relating to forms of tender to be applied; and

transmitting selected preferences from the user of the mobile device.

20. The method of claim 19, wherein the options for selecting preferences comprise forms of tender provided by a merchant for a transaction associated with the transaction amount.

21. A method of mobile device transaction approvals applying a plurality of forms of tender, comprising:

receiving a payment code from a user of a mobile device;

transmitting a transaction amount, a merchant identifier, and the payment code from a point of sale (POS) system; and

receiving a unified approval code applying the plurality of forms of tender to the transaction amount.

22. The method of claim 21, wherein the unified approval code applying the plurality of forms of tender to the transaction is for an amount less than the transaction amount, and an additional amount remains due.

23. The method of claim 22, further comprising:

transmitting a request for an additional form of tender; and

receiving the additional form of tender to cover the additional amount due.

24. The method of claim 21, wherein the unified approval code applying the plurality of forms of tender to the transaction is for an amount less than the transaction amount due to an application of a discount.

25. The method of claim 21, wherein the applying the plurality of forms of tender to the transaction amount comprises automatically applying the plurality of forms of tender to the transaction amount at least in part according to preset preferences of a merchant associated with the point of sale (POS) system.

26. The method of claim 21, further comprising:

utilizing the unified approval code to apply the plurality of forms of tender to the transaction amount; and

providing a receipt to a user of the mobile device itemizing the application of each of the plurality of forms of tender to the transaction amount.