System and method for controlling financial transactions over a wireless network
First Claim
1. A method comprising the steps:
- receiving, by a wireless device in communication with a wireless network, financial data from a plurality of point of sale locations, wherein said financial data relates to customer transactions at said plurality of point of sale locations;
identifying a geographic area to a customer who has initiated a transaction using said wireless device, said identifying step accomplished by determining a specific wireless cell that is in communication with said customer'"'"'s wireless device; and
determining which of said plurality of point of sale locations are within said geographic area;
if only one of said point of sale locations is within said geographic area, then communicating financial data for said point of sale location to said customer'"'"'s wireless device over said wireless network; and
if more than one of said point of sale locations are within said geographic area, then prompting said customer to select a point of sale location from a list of said point of sale locations within said geographic area, and communicating financial data for a selected point of sale location to said customer'"'"'s wireless device over said wireless network.
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Accused Products
Abstract
A system and method for controlling financial transactions is disclosed. A customer, using a wireless device, identifies a point of sale and the amount of a transaction at that point of sale is first communicated to a central service and then transmitted to the wireless device for display at the wireless device. The customer can either accept the transaction amount to complete the transaction or reject the amount to cancel the transaction. The customer may have to enter a password or personal identification number to verify the authorization to use the wireless financial system. The customer is billed for the transaction via credit, debit, ATM or other methods, such as the wireless carrier or an internet provider.
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Citations
6 Claims
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1. A method comprising the steps:
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receiving, by a wireless device in communication with a wireless network, financial data from a plurality of point of sale locations, wherein said financial data relates to customer transactions at said plurality of point of sale locations; identifying a geographic area to a customer who has initiated a transaction using said wireless device, said identifying step accomplished by determining a specific wireless cell that is in communication with said customer'"'"'s wireless device; and determining which of said plurality of point of sale locations are within said geographic area; if only one of said point of sale locations is within said geographic area, then communicating financial data for said point of sale location to said customer'"'"'s wireless device over said wireless network; and if more than one of said point of sale locations are within said geographic area, then prompting said customer to select a point of sale location from a list of said point of sale locations within said geographic area, and communicating financial data for a selected point of sale location to said customer'"'"'s wireless device over said wireless network. - View Dependent Claims (2, 3, 4, 5, 6)
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Specification