Automated credit card processing

• US 5,991,738 A
• Filed: 11/12/1997
• Issued: 11/23/1999
• Est. Priority Date: 02/05/1996
• Status: Expired due to Term

• Current Assignee: Spindle Mobile, Inc. (Spindle, Inc.)
• Original Assignee: Net Money In
• Inventors: Ogram, Mark E.
• Primary Examiner(s): Cosimano, Edward R.
• Application Number:
  US08/968,701
• Time in Patent Office: 741 Days
• Field of Search: 235/375, 235/379, 235/380, 235/381, 340/825.3, 340/825.31, 340/825.34, 340/825.35, 705/1, 705/26, 705/27, 902/2
• US Class Current: 705/26.41
• CPC Class Codes: G06Q 20/02 involving a neutral party, e.g. certification authority, notary or trusted third party [TTP]
• CPC Class Codes: G06Q 20/04 Payment circuits
• CPC Class Codes: G06Q 20/12 specially adapted for electronic shopping systems
• CPC Class Codes: G06Q 20/24 Credit schemes, i.e. "pay after"
• CPC Class Codes: G06Q 20/382 insuring higher security of transaction
• 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 20/4037 Remote solvency checks
• CPC Class Codes: G06Q 30/0241 Advertisements
• CPC Class Codes: G06Q 30/0601 Electronic shopping [e-shopping]
• CPC Class Codes: G06Q 30/0613 Third-party assisted
• CPC Class Codes: G06Q 30/0633 Lists, e.g. purchase orders, compilation or processing
• CPC Class Codes: G07F 7/00 Mechanisms actuated by objects other than coins to free or to actuate vending, hiring, coin or paper currency dispensing or refunding apparatus
• CPC Class Codes: G07F 7/08 by coded identity card or credit card or other personal identification means without personal verification means G07F7/02
• CPC Class Codes: G07F 9/002 Vending machines being part of a centrally controlled network of vending machines

Abstract

An automated payment system particularly suited for purchases over a distributed computer network such as the Internet. In such a distributed computer network, a merchant or vending computer contains certain promotional information which is communicated to a customer'"'"'s computer. Based upon the promotional information, the operator of the customer'"'"'s computer decides to purchase the services or goods described by the promotional information. The customer'"'"'s computer is linked to a payment processing computer and the customer'"'"'s credit card number and the amount of the goods or services is transmitted to the payment processing computer. The payment processing computer automatically contacts a bank for verification of the credit card and amount; the bank transmits an authorization to the payment processing computer. The payment processing computer communicates a self-generated transaction indicia, and in some embodiments a password, to the customer'"'"'s computer. In the embodiment where a password is used, the customer'"'"'s computer uses the password with the merchant'"'"'s computer in obtaining access to protected information or to establish shipping instructions.

Claims

1. A credit card processing system comprising:

a) a network of computers communicating data thereon;

b) a phone system adapted to communicate data between two points;

c) a banking computer having,

1) means for receiving via said phone system, a credit card number, and,

2) means for generating an acceptance indicia based upon said credit card number;

d) a consumer computer connected to said network of computers, said consumer computer having,

1) means for receiving from said consumer, consumer data indicative of a consumer credit card number, and,

2) means for communicating said consumer data via said network of computers; and

,

e) a processing computer connected to said network of computers and to said phone system, said processing computer having means for automatically,

1) receiving said consumer data via said network of computers,

2) communicating said consumer data via said phone system to said banking computer,

3) receiving a consumer acceptance indicia from said banking computer, and,

4) based upon said consumer acceptance indicia, connecting said consumer computer to said merchant computer.

2. The credit card processing system according to claim 1, wherein said processing computer further includes, based upon said consumer acceptance indica, means for communicating a message to said consumer via said network of computers.

3. The credit card processing system according to claim 1,

a) wherein said consumer computer includes means for encrypting said consumer data;

and,

b) wherein said processing computer includes means for de-encrypting an encrypted consumer data.

4. The credit card processing system according to claim 1,

a) further including a merchant computer connected to said network of computers;

and,

b) wherein said merchant computer selectively connects said consumer computer to said processing computer via said network of computers.

5. The credit card processing system according to claim 4, wherein said processing computer further includes, based upon said consumer acceptance indicia, means for communicating a message to said merchant computer via said network of computers.

6. The credit card processing system according to claim 4,

a) wherein said merchant computer further includes means for communicating purchase price data to said processing computer;

and,

b) wherein said processing computer further includes means for communicating said purchase price data with said consumer data to said banking computer.

7. The credit card processing system according to claim 4, wherein said processing computer further includes means for selectively connecting said consumer computer to said merchant computer via said network of computers.

8. The credit card processing system according to claim 7, wherein said means for selectively connecting of said processing computer is responsive to said acceptance indicia.

9. A processing system for credit cards comprising an automatic apparatus having:

a) means for receiving a consumer generated credit card data via a network of computers;

b) means for communicating said consumer generated credit card data to a banking computer;

c) means for receiving a consumer acceptance indicia from said banking computer; and

,

d) means for selectively connecting said consumer computer to said merchant computer via said network of computers in response to said acceptance indicia.

10. The processing system for credit cards according to claim 9, further including, means for communicating a message to said consumer via said network of computers.

11. The processing system for credit cards according to claim 9, further including means for communicating a message to a merchant computer via said network of computers.

12. The processing system for credit cards according to claim 9, further including,

a) means for receiving purchase amount data via said network of computers;

and,

b) means for communicating said purchase price data with said consumer data to said banking computer.

13. The processing system for credit cards according to claim 9, further including means for de-encrypting an encrypted consumer data.

14. A system comprising:

a) a network of computers communicating data thereon;

b) a banking computer having means for receiving a credit card number, and, generating an acceptance indicia based thereon;

c) a consumer computer connected to said network of computers, said consumer computer having means for communicating a consumer generated credit card number via said network of computers; and

,

d) a processing computer connected to said network of computers, said processing computer having means for automatically,

1) receiving said consumer generated credit card number via said network of computers,

2) communicating said consumer generated credit card number to said banking computer,

3) receiving a consumer acceptance indicia from said banking computer, and,

4) based upon said consumer acceptance indicia, connecting said consumer computer to said merchant computer.

15. The system according to claim 14, wherein said processing computer further includes, based upon said consumer acceptance indica, means for communicating an a message to said consumer computer via said network of computers.

16. The system according to claim 14,

a) further including a merchant computer connected to said network of computers;

and,

b) wherein said merchant computer selectively connects said consumer computer to said processing computer via said network of computers.

17. The system according to claim 14,

a) wherein said merchant computer further includes means for communicating purchase price data to said processing computer;

and,

b) wherein said processing computer further includes means for communicating said purchase price data with said consumer data to said banking computer.

18. The system according to claim 14, wherein said processing computer further includes means for selectively connecting said consumer computer to said merchant computer via said network of computers.

19. The system according to claim 14,

a) wherein said consumer computer includes means for encrypting said consumer data;

and,

b) wherein said processing computer includes means for de-encrypting an encrypted consumer data.