Method for a payment transaction associated with two corresponding declarations of intent

• US 8,566,238 B2
• Filed: 10/31/2011
• Issued: 10/22/2013
• Est. Priority Date: 03/11/2003
• Status: Expired due to Fees

• Current Assignee: Christian Hogl
• Original Assignee: Christian Hogl
• Inventors: Hogl, Christian
• Primary Examiner(s): AMELUNXEN, BARBARA J
• Application Number:
  US13/285,201
• Publication Number:
  US 20120047067A1
• Time in Patent Office: 722 Days
• Field of Search: 705/10, 705/37, 705/39, 705/40, 705/75, 705/1, 705/14.15, 705/26, 705/27, 705/41, 705/45, 705/65, 705/26.1, 705/26.81, 340/5.82, 379/93.12, 235/487, 455/406
• 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 20/04 Payment circuits
• 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 20/1085 involving automatic teller machines [ATMs]
• CPC Class Codes: G06Q 20/223 based on the use of peer-to-peer networks
• CPC Class Codes: G06Q 20/3223 Realising banking transactions through M-devices
• CPC Class Codes: G06Q 20/3227 using secure elements embedded in M-devices
• CPC Class Codes: G06Q 20/3229 Use of the SIM of a M-device as secure element
• CPC Class Codes: G06Q 20/367 involving electronic purses or money safes
• CPC Class Codes: G06Q 20/3674 involving authentication
• CPC Class Codes: G06Q 20/383 Anonymous user system
• 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 20/405 Establishing or using transaction specific rules
• CPC Class Codes: G06Q 30/0213 Consumer transaction fees
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 50/265 Personal security, identity or safety

Abstract

The present invention relates to a method and a system for initiating and/or conducting a transaction that is associated with at least two corresponding declarations of intent, in particular a payment transaction, between at least two transaction parties via a processing unit (3), in which payment transaction at least one of the transaction parties uses a land line telephone or mobile telephone (1, 2) or a mobile communications device for transmitting data. The method is characterized by the transmission of data to the processing unit by at least two transaction parties within a limited time frame, and by the fact that the initiation of the data transmission of these transaction parties is effected actively by the transaction parties and not by the processing unit (3), while the data transmitted during initiation contain features that enable correlating the declarations of intent with one another.

Claims

1. Method for a payment transaction between a payer and a payee using (1) two communication devices respectively associated with data transmissions by the payer and the payee and (2) a processing unit, wherein the payment transaction is associated with two corresponding declarations of intent between the payer and the payee, and a spatial proximity exists between payer and payee, and location information of the payer is transmitted and evaluated, the method comprising:

providing correlation data to the payee prior to conducting the payment transaction, said correlation data including a correlation reference code, wherein the correlation reference code is formed according to a set rule from identification features of the payer and is insufficient to enable unique identification of the payer when the payment transaction is conducted,

the payer'"'"'s communication device transmitting one data set to the processing unit that includes data sufficient to enable a unique identification of the payer that is transmitting the respective data set to the processing unit,

using the processing unit to derive a transaction data set and an identifier of the payer from the data set transmitted by the payer and put the transaction data set into a transaction pool,

wherein a plurality of transaction data sets can be present in the transaction pool within a time frame of a predefined length,

using a verification unit, connected to the processing unit, to examine whether or not correlating payer and payee is possible and whether or not the respective declarations of intent correspond, on the basis of the data transmitted by the payer'"'"'s communication device within the time frame of the predefined length,

using the information on the location of the payer as an additional criterion in order to facilitate correlating the transaction parties,

using the processing unit to determine whether there exists exactly one transaction data set, and not more, where the identifier of the payer corresponds to the correlation reference code provided to the payee, thereby indicative of corresponding declarations of intent,

using the processing unit to select said transaction data set where the identifier of the payer corresponds to the correlation reference code provided to the payee, and

conducting the payment transaction according to said selected transaction data set.

2. Method according to claim 1, wherein the method further comprises:

conducting the transaction correlated with the data after positive verification by the verification unit using a transaction unit, wherein the processing unit comprises the transaction unit or is connected to the transaction unit.

3. Method according to claim 1, wherein the method further comprises:

triggering signals and/or transmitting data to the payer and/or payee or to other recipients using a signaling unit, wherein the processing unit comprises the signaling unit or is connected to the signaling unit.

4. Method according to claim 3, wherein the transaction is additionally signaled by sending a Short Message System (SMS) message as confirmation following a successful transaction.