Method and apparatus for wireless authorization

• US 8,336,770 B2
• Filed: 10/26/2006
• Issued: 12/25/2012
• Est. Priority Date: 10/26/2006
• Status: Active Grant

• Current Assignee: Mastercard International Incorporated (MasterCard Incorporated)
• Original Assignee: Mastercard International Incorporated (MasterCard Incorporated)
• Inventors: Grillion, Robert John
• Primary Examiner(s): Hess, Daniel
• Assistant Examiner(s): Savusdiphol, Paultep
• Application Number:
  US11/586,819
• Publication Number:
  US 20080099552A1
• Time in Patent Office: 2,252 Days
• Field of Search: 235/375, 235/380, 235/379
• US Class Current: 235/380
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 20/322 Aspects of commerce using mobile devices [M-devices]
• CPC Class Codes: G06Q 20/3227 using secure elements embedded in M-devices
• CPC Class Codes: G06Q 20/327 Short range or proximity payments by means of M-devices
• 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 30/06 Buying, selling or leasing transactions
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03

Abstract

A system, method, apparatus, means and computer program products for conducting wireless authorization include transmitting, from a transaction terminal to a payment card device, payment transaction data associated with a purchase transaction, associating an approval code stored in the payment card device with the payment transaction data, transmitting the approval code and the payment transaction data to a payment network to initiate a settlement of the purchase transaction, and transmitting the approval code to the transaction terminal to complete the purchase transaction.

Claims

1. A method, comprising:

transmitting, from a transaction terminal to a payment card device, payment transaction data associated with a payment transaction;

associating, by the payment card device, a transaction authorization approval code stored in said payment card device with said payment transaction data, said transaction authorization approval code being stored in said payment card device prior to said transmitting of said payment transaction data for authorizing the payment transaction, wherein the associating by the payment card device operates to authorize the payment transaction at the payment card device;

transmitting, from said payment card device, said transaction authorization approval code and said payment transaction data to a first wireless receiver in communication with a payment network to initiate a settlement of said payment transaction; and

transmitting, from said payment card device, said transaction authorization approval code to a second wireless receiver in communication with said transaction terminal to complete said payment transaction.

2. The method of claim 1, wherein said transaction authorization approval code is transmitted to said payment card device prior to said payment transaction.

3. The method of claim 2, wherein said transaction authorization approval code is transmitted to said payment card device from said payment network.

4. The method of claim 1, wherein said transmitting from said transaction terminal to said payment card device is conducted over a wireless network.

5. The method of claim 4, wherein said wireless network is at least one of a cellular network, a near-field communication network, and a Bluetooth®

network.

6. The method of claim 1, wherein said transmitting said transaction authorization approval code and said payment transaction data to a payment network from said payment card device is conducted over a wireless network.

7. The method of claim 6, wherein said wireless network is a cellular network.

8. The method of claim 1, wherein said transmitting, from said payment card device, said approval code and said payment transaction data to a payment network further comprises:

transmitting said transaction authorization approval code and said payment transaction data to a wireless transceiver connected to an access point of said payment network.

9. The method of claim 1, wherein said transaction authorization approval code is associated with at least a first approval condition, and said associating said transaction authorization approval code with said payment transaction data further comprises:

determining that said payment transaction data complies with said at least first approval condition.

10. The method of claim 1, wherein said payment card device further stores at least one denial code used when said payment transaction data fails to comply with said at least first approval condition.

11. The method of claim 1, wherein said transaction authorization approval code is issued to said payment card device by said payment card network with at least a first approval condition.

12. The method of claim 11, wherein said transaction authorization approval code is issued to said payment card device on a scheduled basis.

13. A wireless payment device, comprising:

a processor;

a wireless transceiver coupled to said processor; and

a memory unit in communication with said processor and storing at least a first transaction authorization approval code and a program, wherein the processor is operative with said program to;

receive payment transaction data associated with a payment transaction from a first wireless transmitter in communication with a transaction terminal;

compare said at least first transaction authorization approval code with said payment transaction data to determine if an authorization for said payment transaction at said wireless payment device based on said at least a first transaction authorization approval code stored in the memory unit, wherein said at least first stored transaction authorization approval code is stored in the memory unit prior to receiving of the payment transaction data;

transmit said at least first transaction authorization approval code to a first wireless receiver in communication with said transaction terminal to complete said payment transaction; and

transmit said at least first transaction authorization approval code to a second wireless receiver in communication with a payment network.

14. The wireless payment device of claim 13, wherein said at least first transaction authorization approval code is transmitted to said payment network over a cellular network.

15. The wireless payment device of claim 13, wherein said payment transaction data is received from said transaction terminal over a wireless connection.

16. A payment system, comprising:

a payment network in communication with a second wireless receiver;

a plurality of transaction terminals in communication with a first wireless receiver; and

a plurality of wireless payment devices, including a first wireless payment device storing a first transaction authorization approval code issued by said payment network prior to a payment transaction, said first wireless payment device operable to authorize a payment transaction associated with a first transaction terminal, wherein said first wireless payment device authorizes said payment transaction at said first wireless payment device based on at least said first transaction authorization approval code stored by the first wireless payment device by comparing terms of said payment transaction to said first transaction authorization approval code and communicating said first transaction authorization approval code to said first transaction terminal and said wireless payment device transmits said at least first transaction authorization approval code to said second wireless receiver in communication with said payment network.

17. The payment system of claim 16, wherein said first transaction authorization approval code is communicated to said first wireless payment device over a wireless network.