System and method of managing contactless payment transactions using a mobile communication device as a stored value device

• US 8,014,755 B2
• Filed: 05/24/2007
• Issued: 09/06/2011
• Est. Priority Date: 01/05/2007
• Status: Active Grant

• Current Assignee: Macronix International Co., Ltd.
• Original Assignee: Macronix International Co., Ltd.
• Inventors: Pang, Chi-Wang, Yen, Hung-Tsai, Lo, Ying-Che, Sun, Albert, Lee, Chee-Horng, An, Pao-Chieh
• Primary Examiner(s): Afshar; Kamran
• Assistant Examiner(s): TRAN, MONG-THUY THI
• Application Number:
  US11/753,408
• Publication Number:
  US 20080167988A1
• Time in Patent Office: 1,566 Days
• Field of Search: 455/558, 455/557, 455/556.2, 455/556.1, 455/405, 455/406, 455/410, 455/414.1, 705/26, 705/39, 705/40, 705/41, 705/44
• US Class Current: 455/406
• CPC Class Codes: G06Q 20/085 involving remote charge determination or related payment systems
• 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 20/105 involving programming of a portable memory device, e.g. IC cards, "electronic purses"
• CPC Class Codes: G06Q 20/16 Payments settled via telecommunication systems
• CPC Class Codes: G06Q 20/20 Point-of-sale [POS] network systems
• CPC Class Codes: G06Q 20/26 Debit schemes, e.g. "pay now"
• CPC Class Codes: G06Q 20/3229 Use of the SIM of a M-device as secure element
• CPC Class Codes: G06Q 20/326 Payment applications installed on the mobile devices
• CPC Class Codes: G06Q 20/3278 RFID or NFC payments by means of M-devices
• CPC Class Codes: G06Q 20/382 insuring higher security of transaction
• 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 30/0601 Electronic shopping [e-shopping]
• CPC Class Codes: H04M 15/68 Payment of value-added services
• CPC Class Codes: H04M 2215/0196 Payment of value-added services, mainly when their charges are added on the telephone bill, e.g. payment of non-telecom services, e-commerce, on-line banking

Abstract

A method and apparatus handling payment transactions in a system using mobile communication devices as stored value devices are disclosed. A transaction operations server receives multiple records of the transaction from the stored value device—one via a communication channel through the telecommunication provider network, and another via an independent communication channel. The records are reconciled at the transaction server for transaction verification.

Claims

1. A mobile communication device including a data processing system supporting mobile payment, comprising:

a data processor, including program storage storing programs including instructions executable by the data processor, and having data communication resources supporting a plurality of communication protocols including at least one protocol supported by a telecommunication provider network and at least one protocol for wireless proximity coupling;

said programs being adapted to maintain stored value in memory accessible by the data processor, to support authentication of the mobile communication device for communications with transaction terminals, to communicate with a transaction terminal via wireless proximity coupling, and to communicate with a server via the telecommunication provider network;

said programs including a program adapted to execute a transaction involving changing stored value on the mobile communication device, including;

storing data representing a stored value on the mobile communication device;

establishing a wireless link between the mobile communication device and a transaction terminal;

executing communications between the mobile communication device and the transaction terminal using the wireless link to change the stored value represented by the data stored on the mobile communication device according to a particular transaction;

passing a first record of the particular transaction from the mobile communication device to a transaction server via a first communication channel through the telephone service provider network for reconciliation with a second record of the particular transaction sent to the transaction server via a second communications channel through a communication network coupled to the transaction terminal, wherein the transaction server maintains a first account of a user of the mobile communication device in the first business issued currency, and a second account of a merchant of the transaction terminal in the second business issued currency, and the transaction server handles the exchange between the first account in the first business issued currency and the second account in the second business issued currency,

wherein said particular transaction includes an exchange between a first business issued currency honored by a first group of one or more businesses and a second business issued currency honored by a second group of one or more businesses, the first group of one or more businesses honor the first business issued currency according to a first contractual agreement among the first group of one or more businesses such that nonparties to the first contractual agreement are not required to accept the first business issued currency, and the second group of one or more businesses honor the second business issued currency according to a second contractual agreement among the second group of one or more businesses such that nonparties to the second contractual agreement are not required to accept the second business issued currency.

2. The mobile communication device of claim 1, wherein said programs include a program enabling the data processor to communicate with another mobile communication device via wireless proximity coupling.

3. The mobile communication device of claim 1, wherein said programs include a program enabling the data processor to communicate with another mobile communication device via wireless proximity coupling, and to act as a transaction terminal receiving stored value from said another mobile communication device.

4. The mobile communication device of claim 1, wherein said programs include a program for composing and sending stored value audit records via the telecommunication provider network to the transaction server.

5. The mobile communication device of claim 1, wherein the change includes increasing the stored value represented by the data stored on the mobile communication device.

6. The mobile communication device of claim 1, wherein the change includes decreasing the stored value represented by the data stored on the mobile communication device.

7. The mobile communication device of claim 1, wherein the first communication channel comprises communications according to a protocol compliant with an industry standard Short Message Service protocol.

8. The mobile communication device of claim 1, wherein the second communication channel comprises communications according to a protocol compliant with an industry standard TCP/IP protocol.

9. The mobile communication device of claim 1, wherein the second communication channel comprises a public switched telephone network.

20. The device of claim 1, wherein the program adapted to execute the transaction passes the first record of the particular transaction to the transaction server via the first communication channel, and the second record of the particular transaction to the transaction server via the second communication channel, and

wherein the transaction server is linked with a banking network, and transfers value between the first account of the user and a user banking account on the banking network, and transfers value between the second account of the merchant and a merchant banking account on the banking network.

10. A method of a mobile communication device to execute transactions, comprising:

the mobile communication device storing data representing a stored value in memory on the mobile communication device;

the mobile communication device establishing a wireless link between the mobile communication device and a transaction terminal;

the mobile communication device executing communications using a wireless proximity coupling link between the mobile communication device and a transaction terminal to authenticate the mobile communication device and to change the stored value represented by the data stored on the mobile communication device according to a particular transaction involving changing stored value on the mobile communication device;

the mobile communication device passing a first record of the particular transaction from the mobile communication device to a transaction server via a first communication channel through the telephone service provider network for reconciliation with a second record of the particular transaction sent from the mobile communication device to the transaction server via a second communications channel through a communication network coupled to the transaction terminal, wherein the transaction server maintains a first account of a user of the mobile communication device in the first business issued currency, and a second account of a merchant of the transaction terminal in the second business issued currency, and the transaction server handles the exchange between the first account in the first business issued currency and the second account in the second business issued currency,

wherein said particular transaction includes an exchange between a first business issued currency honored by a first group of one or more businesses and a second business issued currency honored by a second group of one or more businesses, the first group of one or more businesses honor the first business issued currency according to a first contractual agreement among the first group of one or more businesses such that nonparties to the first contractual agreement are not required to accept the first business issued currency, and the second group of one or more businesses honor the second business issued currency according to a second contractual agreement among the second group of one or more businesses such that nonparties to the second contractual agreement are not required to accept the second business issued currency.

11. The method of claim 10, further comprising:

the mobile communication device communicating with another mobile communication device via wireless proximity coupling.

12. The method of claim 10, further comprising:

the mobile communication device communicating with another mobile communication device via wireless proximity coupling; and

the mobile communication device acting as a transaction terminal receiving stored value from said another mobile communication device.

13. The method of claim 10, further comprising:

the mobile communication device composing and sending stored value audit records via the telecommunication provider network to the transaction server.

14. The method of claim 10, wherein the change includes increasing the stored value represented by the data stored on the mobile communication device.

15. The method of claim 10, wherein the change includes decreasing the stored value represented by the data stored on the mobile communication device.

16. The method of claim 10, wherein the first communication channel comprises communications according to a protocol compliant with an industry standard Short Message Service protocol.

17. The method of claim 10, wherein the second communication channel comprises communications according to a protocol compliant with an industry standard TCP/IP protocol.

18. The method of claim 10, wherein the second communication channel comprises a public switched telephone network.

21. The method of claim 10, wherein the mobile communication device passes the first record of the particular transaction to the transaction server via the first communication channel, and the mobile communication device sends the second record of the particular transaction to the transaction server via the second communication channel, and

wherein the transaction server is linked with a banking network, and transfers value between the first account of the user and a user banking account on the banking network, and transfers value between the second account of the merchant and a merchant banking account on the banking network.

19. A memory with program instructions for a mobile communication device to execute transactions, the program instructions comprising:

the mobile communication device storing data representing a stored value in memory on the mobile communication device;

the mobile communication device establishing a wireless link between the mobile communication device and a transaction terminal;

the mobile communication device executing communications using a wireless proximity coupling link between the mobile communication device and a transaction terminal to authenticate the mobile communication device and to change the stored value represented by the data stored on the mobile communication device according to a particular transaction involving changing stored value on the mobile communication device;

the mobile communication device passing a first record of the particular transaction from the mobile communication device to a transaction server via a first communication channel through the telephone service provider network for reconciliation with a second record of the particular transaction sent from the mobile communication device to the transaction server via a second communications channel through a communication network coupled to the transaction terminal, wherein the transaction server maintains a first account of a user of the mobile communication device in the first business issued currency, and a second account of a merchant of the transaction terminal in the second business issued currency, and the transaction server handles the exchange between the first account in the first business issued currency and the second account in the second business issued currency,

wherein said particular transaction includes an exchange between a first business issued currency honored by a first group of one or more businesses and a second business issued currency honored by a second group of one or more businesses, the first group of one or more businesses honor the first business issued currency according to a first contractual agreement among the first group of one or more businesses such that nonparties to the first contractual agreement are not required to accept the first business issued currency, and the second group of one or more businesses honor the second business issued currency according to a second contractual agreement among the second group of one or more businesses such that nonparties to the second contractual agreement are not required to accept the second business issued currency.

22. The memory of claim 19, wherein the program instructions comprise the mobile communication device passing the first record of the particular transaction to the transaction server via the first communication channel, and the mobile communication device sending the second record of the particular transaction to the transaction server via the second communication channel, and

wherein the transaction server is linked with a banking network, and transfers value between the first account of the user and a user banking account on the banking network, and transfers value between the second account of the merchant and a merchant banking account on the banking network.