Securely Selling and Purchasing of Goods through Social Network Sites Using a Secure Mobile Wallet System as a Mobile Commerce

• US 20130262316A1
• Filed: 07/08/2012
• Published: 10/03/2013
• Est. Priority Date: 03/30/2012
• Status: Abandoned Application

• Current Assignee: Hruska, John
• Original Assignee: Hruska, John
• Inventors: Hruska, John
• Application Number:
  US13/543,864
• Publication Number:
  US 20130262316A1
• Time in Patent Office: Days
• US Class Current: 705/67
• CPC Class Codes: G06Q 20/227 characterised in that multiple accounts are available, e.g. to the payer
• 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: G06Q 20/3572 Multiple accounts on card

Abstract

A secure and convenient product purchasing system and method are disclosed to allow for online sale and purchase of goods by means of a social network site using a mobile wallet system as an m-Commerce shopping cart checkout linked to a secure financial closed-loop proxy account. A proprietary graphical or barcode-represented on-line digital product code and details to be posted to one user'"'"'s social network wall, so as to be either scanned or directly selected, then paid for using the secure financial closed-loop proxy account and a pre-registered personal handheld mobile device where all funds within the account remain in an “inactive” non-usable state until activated and allocated by another user through their mobile device, where both users are registered to the secure financial closed-loop proxy account.

Claims

1. An online mobile social-network-based secure m-commerce online mobile wallet system on a computer based social network for secure sale of a product by a first user of the system to a second user of the system by means of the user'"'"'s pre-registered personal mobile device, comprising:

a secure financial proxy account such as an online mobile wallet, established for the purpose of holding all users'"'"' unused dormant funds pooled together as part of the system, up until the second user activates and allocates their funds for buying a product from the first user by means of their registered personal mobile device and mobile application;

a registration protocol for the personal mobile device on the system;

an authentication application which provides a mechanism for the users to log in and be authenticated onto the system;

a point of sale mobile application installed on each personal mobile device, which utilizes a camera on the personal mobile device to take a picture of a product and accept a quantity and a price for the product to be sold;

a transactional and authentication server which stores and authenticates data sent from the users'"'"' personal mobile devices and their mobile applications over a telecommunications network;

a product listing generating application on the transactional and authentication server which expresses the product information and price along with information about the first user listing and selling the product in the form of a graphical image, and then places the graphical image upon a profile page on the of the first user on the social network;

a point of purchase mobile application installed on the personal mobile device of the second user, which reads and decodes a graphical image placed upon a page of the first user on the social network to identify the information and price for the product as well as information about the first user listing and selling the product on the social network;

an activation protocol for identifying the second user'"'"'s registered mobile device, using a unique authentication identification number specific to that personal mobile device and the mobile application installed on that device, the second user to make the account and funds active to purchase a specific product from the specific first user listing and selling the specific product;

a proprietary application resident on the transactional and authentication server which creates a unique user, device and product-specific, time-sensitive, single-use encrypted digital transactional alphanumeric token which is specific to the user'"'"'s personal mobile device, its location, both users'"'"' personal identification information, the specific product being sold by the first user to the second user, as well as its price and information.

2. The system of claim 1, further comprising the step of:

a personal computer of the first user for them to login to their social network and the online mobile social-network-based secure m-commerce online mobile wallet system on; and

an instance of the social network and of the system running on the first user'"'"'s personal computer.

3. The system of claim 1, further comprising the step of:

The system of claim 1, further comprising the step of;

a personal computer of the second user for them to login to their social network and the online mobile social-network-based secure m-commerce online mobile wallet system on;

an instance of the social network and of the system running on the first user'"'"'s personal computer; and

a scanning device and a scanner application on the second user'"'"'s mobile device for them to scan the graphical image such as a barcode representing the product for the sale displayed on the system running on the second user'"'"'s personal computer.

4. The system of claim 1, incorporating logical rules to set a notification for the users if the product price exceeds the amount of funds available in the proxy account so that the second user may replenish funds.

5. A method for secure sale of a product by a first user of an online social-network-based secure m-commerce online mobile wallet system to a second user of the online social-network-based secure m-commerce online mobile wallet system by means of both users'"'"' pre-registered personal mobile devices, comprising the steps of:

establishing a secure financial proxy account such as an online mobile wallet, for the purpose of holding unused dormant funds of all users on the online social-network, until such time that the second user activates and allocates their unused dormant funds by means of their registered personal mobile device and a mobile application installed on the personal mobile device for purchase of the product from the first user and subsequent transfer of those funds to the first user;

linking the secure financial proxy account to a transactional and authentication server, upon which resides an application to effectuate the secure sale of the product by the first user to the second user;

creating an online product advertisement, information and price, by means of the first user taking a picture of the product with a camera on their personal mobile device and by entering text on a keyboard on the personal mobile device.

generating a graphical image such as a barcode to represent the product for the sale by means of an appropriate mobile application on the personal mobile device;

validating each user by allowing them to log in to their mobile application installed on their personal mobile device, then comparing to information for that user stored on the transactional and authentication server and also verifying against a profile for that user which exists on the online social network;

passing user information retrieved at the time of validating to the transactional and authentication server;

placing the product advertisement, information and price represented in the form of the graphical image such as a barcode, as well as a link to the online product advertisement on a profile page for the first user on an online social network of which both first and second users are members;

allowing the second user to select the graphical image such as a barcode on the first user'"'"'s profile page on the online social network and then decoding the product advertisement, information and price by means of the mobile application installed on the second user'"'"'s personal mobile device in order to identify and flag the first user and product on sale for the system;

generating a unique user device and product specific, time-sensitive, single-use encrypted digital transactional alphanumeric token which is specific to the personal mobile device, its location, the user'"'"'s personal identification information, the specific product being sold by the user, as well as its price and information, along with the second user to whom the product is being sold by the transactional and authentication server using the unique identifier of the specific personal mobile device, the unique identifier of the mobile application installed on the personal mobile device, the first user'"'"'s personal identification information, the first user'"'"'s specific product advertisement, information and price, and the second user'"'"'s personal identification information, for the purpose of making payment for the particular product to the first user;

verifying by the first user of the second user'"'"'s information, the product advertisement, information and price, and the unique user, device and product specific, time-sensitive, single-use encrypted digital transactional alphanumeric token;

redeeming by the first user of the unique user and device specific, time-sensitive, single-use encrypted digital transactional alphanumeric token, upon verifying the token and the second user'"'"'s information, in order to transfer the second user'"'"'s activated funds to the account of the first user;

shipping of the product by the first user to an address on file for the second user in order to consummate the purchase of the product.

6. The method of claim 5, further comprising the step of:

the first user logging in to their social network and the online mobile social-network-based secure m-commerce online mobile wallet system on a personal computer; and

wherein the steps of placing the product advertisement, information and price on the profile page and of creating an online product advertisement, information and price, and generating the graphical image such as a barcode to represent the product for the sale are all achieved by means of the system running on the first user'"'"'s personal computer.

7. The method of claim 5, further comprising the step of:

the second user logging in to their social network and the online mobile social-network-based secure m-commerce online mobile wallet system on a personal computer; and

scanning the graphical image such as a barcode representing the product for the sale displayed on the system running on the second user'"'"'s personal computer by means of their mobile device which takes the second user to the online product advertisement, allowing the second user to then consummate the purchase of the product.

8. The method of claim 5, further comprising the steps of:

logically checking if the product price exceeds the amount of funds available in the proxy account; and

generating a notification for the users if the product price exceeds the amount of funds available in the proxy account so that the second user may replenish funds.