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

• US 8,073,424 B2
• Filed: 05/24/2007
• Issued: 12/06/2011
• Est. Priority Date: 01/05/2007
• Status: Active Grant

• Current Assignee: Macronix International Co., Ltd.
• Original Assignee: Macronix International Co., Ltd.
• Inventors: Sun, Albert, An, Pao-Chieh, Lo, Ying-Che, Lee, Chee-Horng
• Primary Examiner(s): Afshar, Kamran
• Assistant Examiner(s): TRAN, MONG-THUY THI
• Application Number:
  US11/753,450
• Publication Number:
  US 20080166997A1
• Time in Patent Office: 1,657 Days
• Field of Search: 455/558, 455/557, 455/556.1, 455/556.2, 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 handling payment transactions in a system using mobile communication devices as stored value devices is 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 method for handling payment transactions using a mobile communication device having access to a telephone service provider network, comprising:

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;

passing a second record of the particular transaction from the transaction terminal to the transaction server via a second communications channel through a communication network coupled to the transaction terminal; and

reconciling the first and second records at the transaction server to verify the particular transaction,

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,

wherein the transaction server has both a user account of the mobile communication device in the first business issued currency, and a merchant account of the transaction terminal in the second business issued currency, and

wherein the transaction server handles the exchange between the user account in the first business issued currency and the merchant account in the second business issued currency.

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

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

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

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

6. The method of claim 1, wherein the second communication channel comprises communications a public switched telephone network.

7. The method of claim 1, including executing a process to authorize increasing the amount of money represented by data stored on the mobile communication device, including forwarding a request to increase the amount to the transaction server for authorization, and upon receipt of authorization, increasing the amount.

8. The method of claim 1, including executing a process to authorize increasing the stored value represented by data stored on the mobile communication device, including reading a credit or debit card number and communicating with the credit or debit card provider to verify credit or debit availability, and upon receipt of verification, increasing the stored value.

9. The method of claim 1, including maintaining a registration database to keep records of user accounts accessible by the transaction server for authorization of particular transactions.

10. A system supporting mobile payment, comprising:

a mobile communication device comprising a data processor, including program storage storing programs including instructions executable by the data processor,

said programs being adapted to maintain stored value in memory accessible by the data processor, 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; and

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;

a transaction terminal including a data processing system supporting mobile payment comprising a data processor, including program storage storing programs including instructions executable by the data processor, said programs including a program adapted to execute a transaction to change the stored value in a mobile communication device, including;

receiving data representing the stored value from the mobile communication device using the link; and

passing the second record of the particular transaction to the transaction server via the second communications channel; and

a transaction server with a data processor, including program storage storing programs including instructions executable by the data processor, said programs including a program adapted to control the particular transaction between the mobile communication device and the transaction terminal, said program including instructions performing;

receiving, at the transaction server, the first record of the particular transaction from the mobile communication device via the first communication channel through the telephone service provider network;

receiving, at the transaction server, the second record of the particular transaction from the transaction terminal via the second communications channel through the communication network coupled to the transaction terminal; and

reconciling the first and second records at the transaction server to verify the particular transaction,

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,

wherein the transaction server has both a user account of the mobile communication device in the first business issued currency, and a merchant account of the transaction terminal in the second business issued currency, and

wherein the transaction server handles the exchange between the user account in the first business issued currency and the merchant account in the second business issued currency.

11. The system of claim 10, wherein the particular transaction increases the stored value represented by the data stored on the mobile communication device.

12. The system of claim 10, wherein the particular transaction decreases the stored value represented by the data stored on the mobile communication device.

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

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

15. The system of claim 10, wherein the second communication channel comprises communications a public switched telephone network.

16. The system of claim 10, wherein the data processor of the transaction server performs, in response to the particular transaction:

executing a process to authorize increasing the amount of money represented by data stored on the mobile communication device, including receiving a request to increase the amount at the transaction server for authorization, and upon authorization, increasing the amount.

17. The system of claim 10, the data processor of the transaction server performs, further in response to the particular transaction:

executing a process to authorize increasing the stored value represented by data stored on the mobile communication device, and upon receipt of verification from a credit or debit card provider to verify credit or debit availability, increasing the stored value.

18. The system of claim 10, including the data processor of the transaction server maintains a registration database to keep records of user accounts accessible by the transaction server for authorization of particular transactions.

19. A system handling payment transactions using a mobile communication device having access to a telephone service provider network, comprising:

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

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

means for 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;

means for 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;

means for passing a second record of the particular transaction from the transaction terminal to the transaction server via a second communications channel through a communication network coupled to the transaction terminal; and

means for reconciling the first and second records at the transaction server to verify the particular transaction,

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,

wherein the transaction server has both a user account of the mobile communication device in the first business issued currency, and a merchant account of the transaction terminal in the second business issued currency, and

wherein the transaction server handles the exchange between the user account in the first business issued currency and the merchant account in the second business issued currency.