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User profile and geolocation for efficient transactions

  • US 8,341,029 B1
  • Filed: 02/10/2012
  • Issued: 12/25/2012
  • Est. Priority Date: 03/23/2010
  • Status: Active Grant
First Claim
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1. A computing device comprising:

  • one or more processors; and

    a memory coupled to the one or more processors, the memory comprising;

    a plurality of user profiles each associated with a respective user identifier and a respective mobile device;

    a plurality of merchant profiles, each associated with a one or more geolocations; and

    a transaction module configured to facilitate a transaction at the geolocation of a merchant between a user of a mobile device and the merchant when a geolocation of the mobile device is within a threshold distance of the geolocation of the merchant and a user profile of the user indicates that the merchant is a trusted merchant for the user, wherein trusted merchants are authorized to implement a default transaction with the user, the default transaction comprises purchasing a good or service by providing payment information associated with the user profile of the user to the merchant, wherein the payment information is specified in advance by the user.

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