Method and system for facilitating payment transactions using access devices

• US 8,010,453 B2
• Filed: 10/30/2007
• Issued: 08/30/2011
• Est. Priority Date: 08/27/2002
• Status: Active Grant

• Current Assignee: Visa USA, Inc. (Visa, Inc.)
• Original Assignee: Visa USA, Inc. (Visa, Inc.)
• Inventors: Huang, Jean, Redmond, Eric, Heisinger, Pete
• Primary Examiner(s): Poinvil; Frantzy
• Application Number:
  US11/929,255
• Publication Number:
  US 20080147565A1
• Time in Patent Office: 1,400 Days
• Field of Search: 705 10- 44
• US Class Current: 705/40
• CPC Class Codes: G06Q 20/02 involving a neutral party, e.g. certification authority, notary or trusted third party [TTP]
• CPC Class Codes: G06Q 20/027 involving a payment switch or gateway
• CPC Class Codes: G06Q 20/04 Payment circuits
• CPC Class Codes: G06Q 20/045 using payment protocols involving tickets
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 20/102 Bill distribution or payments
• CPC Class Codes: G06Q 20/20 Point-of-sale [POS] network systems
• CPC Class Codes: G06Q 20/223 based on the use of peer-to-peer networks
• CPC Class Codes: G06Q 20/26 Debit schemes, e.g. "pay now"
• CPC Class Codes: G06Q 20/3821 Electronic credentials
• CPC Class Codes: G06Q 20/385 using an alias or single-use codes
• CPC Class Codes: G06Q 20/40 Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
• CPC Class Codes: G06Q 20/403 Solvency checks
• CPC Class Codes: G06Q 20/4037 Remote solvency checks
• CPC Class Codes: G06Q 30/06 Buying, selling or leasing transactions
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 40/03 Credit; Loans; Processing thereof
• CPC Class Codes: G06Q 40/12 Accounting
• CPC Class Codes: G07F 7/08 by coded identity card or credit card or other personal identification means without personal verification means G07F7/02

Abstract

A payment system for facilitating a payment transaction between a payer and a payee includes a payer access device, a payee access device, and a services hub. The services hub is configured to communicate with the payer device and the payee device; maintain information relating to a payer account and access device information associated with the payer account, the payer account being linked to the access device; generate a tracer ticket in response to a request issued by the payer using either the payer device or the payee device, the tracer ticket containing information relating to the payment transaction; validate the access devices; and authorize the payment transaction against the payer account. Upon receiving the request from the payee device for the tracer ticket, the services hub generates the tracer ticket and forwards a copy thereof to the payer via the payee device. Upon receiving the copy of the tracer ticket, the payer uses the payer device to communicate with the services hub and forward the received copy of the tracer ticket to the services hub. The services hub then validates the payer device based on the access device information.

Claims

1. A payee device for facilitating a payment transaction between a payer and a payee, the payee device configured to:

display a plurality of payment options to the payer, wherein at least one payment option enables payment using a tracer ticket containing tracer ticket information;

receive a payment selection from the payer; and

output a payment completion response,

wherein the payee device is further configured to request a services hub to generate the tracer ticket,

wherein the payee device is further configured to prompt to the payer to input a tracer ticket number, wherein the tracer ticket number corresponds to a pre-authorized tracer ticket.

2. The payee device of claim 1, wherein the payee device is a point-of-sale device.

3. The payee device of claim 1, wherein the tracer ticket is encrypted.

4. The payee device of claim 1, further configured to receive instructions from the services hub prompting the payee for payment transaction information, wherein the payment transaction information comprises a payment amount.

5. The payee device of claim 4, wherein the payment transaction information further comprises payment terms.

6. The payee device of claim 4, wherein the payment transaction information further comprises identification information of the payer.

7. The payee device of claim 4, further configured to transmit the payment transaction information to the services hub.

8. The payee device of claim 7, further configured to display the tracer ticket and the tracer ticket number to the payer.

9. The payee device of claim 8, wherein the payee device is a point of sale device.

10. The payee device of claim 1, wherein the payee device is further configured to obtain authentication information from the payer and transmit the authentication information to the services hub.

11. The payee device of claim 10, wherein the authentication information includes a password, login ID or biometric information.

12. The payee device of claim 1, wherein the payment completion response indicates success of the payment transaction.

13. A method for facilitating a payment transaction between a payer and a payee, the method comprising:

displaying a plurality of payment options to the payer, wherein at least one payment option enables payment using a tracer ticket;

receiving a payment selection from the payer;

receiving a tracer ticket number associated with a preauthorized tracer ticket;

transmitting the tracer ticket number to a services hub; and

displaying, using a device, a payment completion response, wherein the payment completion response indicates success or failure of the payment transaction,

wherein the payer requests the services hub to generate the pre-authorized tracer ticket.

14. The method of claim 13, further comprising obtaining authentication information from the payer and forwarding the authentication information to the services hub.

15. The method of claim 13 wherein the tracer ticket comprises encrypted tracer ticket information which comprises a digital signature.

16. The method of claim 13 wherein the tracer ticket comprises encrypted tracer ticket information, which comprises payment instructions and an e-mail address.

17. The method of claim 13 wherein the services hub stores privacy regulations and dispute resolution regulations.

18. A method for facilitating a payment transaction between a payer and a payee, the method comprising:

displaying a plurality of payment options to the payer, wherein at least one payment option enables payment using a tracer ticket;

receiving a payment selection from the payer;

requesting a services hub to generate the tracer ticket;

displaying, using a device, a payment completion response, wherein the payment completion response indicates success or failure of the payment transaction, and wherein the method further comprises

prompting the payee for payment transaction information, wherein the payment transaction information comprises a payment amount; and

transmitting the payment transaction information to the services hub,

wherein a tracer ticket number was received from the services hub at a payer device, and wherein the tracer ticket number corresponds to the tracer ticket; and

wherein the tracer ticket number was displayed to the payer.

19. The method of claim 18, wherein the payment transaction information further comprises identification information of the payer.