SOFTWARE AND METHOD FOR ALLOWING PAYMENT OF MERCHANDISE AND SERVICES ELECTRONICALLY, THROUGH A SMART DEVICE, WITH A PREDETERMINED ACCOUNT

• US 20130144779A1
• Filed: 12/06/2012
• Published: 06/06/2013
• Est. Priority Date: 12/06/2011
• Status: Abandoned Application

• Current Assignee: Rodrigo Azuriz-Cannella
• Original Assignee: Rodrigo Azuriz-Cannella
• Inventors: Azuriz-Cannella, Rodrigo
• Application Number:
  US13/707,571
• Publication Number:
  US 20130144779A1
• Time in Patent Office: Days
• US Class Current: 705/39
• CPC Class Codes: G06Q 20/12 specially adapted for electronic shopping systems
• CPC Class Codes: G06Q 20/227 characterised in that multiple accounts are available, e.g. to the payer
• CPC Class Codes: G06Q 20/3223 Realising banking transactions through M-devices

Abstract

A method and software application allows smart device users, such as smartphone users, to pay for their merchandise and services with a predetermined credit or debit account. The method does not require the user to take out, expose, or give out their credit or debit card. The method of the present invention can increase transaction financial safety and efficiency, while protecting the environment from the printing and disposal of physical plastic credit and debit cards.

Claims

1. Computer software written in computer code disposed on a computer readable, non-transient media, the computer code having code configured to provide the method steps for making payment to a merchant, the method steps comprising:

signing into a computer application on a smart device;

selecting a payment option on a screen of the smart device;

scanning a code provided by the merchant, the code having transaction details;

electronically transferring funds from a predetermined account to the merchant; and

providing a user with a transaction confirmation.

2. The computer software of claim 1, further comprising computer code to provide the step of configuring the predetermined account as one of a plurality of possible accounts.

3. The computer software of claim 1, further comprising computer code to provide the step of generating a report describing one or more types of transactions.

4. The computer software of claim 1, further comprising computer code to provide the step of adding a tip or requesting cash back in a transaction prior to electronically transferring funds from the predetermined account to the merchant.

5. The computer software of claim 1, further comprising computer code to provide the step of allowing a user to organize an approved transaction.

6. The computer software of claim 1, wherein the smart device is a smartphone.

7. A method for electronically making payment from a user to a merchant with a smart device, the method comprising:

signing into a computer application loaded onto the smart device;

selecting a payment option on a screen of the smart device;

scanning a code provided by the merchant, the code having transaction details;

electronically transferring funds from a predetermined account to the merchant; and

providing the user with a transaction confirmation.

8. The method of claim 7, further comprising configuring the predetermined account as one of a plurality of possible accounts.

9. The method of claim 7, further comprising generating a report describing one or more types of transactions.

10. The method of claim 7, further comprising adding a tip or requesting cash back in a transaction prior to electronically transferring funds from the predetermined account to the merchant.

11. The method of claim 7, further comprising allowing a user to organize an approved transaction on the smart device.

12. The method of claim 7, wherein the smart device is a smartphone.