SIM-centric mobile commerce system for deployment in a legacy network infrastructure

• US 8,639,215 B2
• Filed: 04/04/2007
• Issued: 01/28/2014
• Est. Priority Date: 04/07/2006
• Status: Expired due to Fees

• Current Assignee: Christopher M. Mcgregor, Gregory M. Mcgregor, Travis M. Mcgregor
• Original Assignee: Christopher M. Mcgregor, Gregory M. Mcgregor, Travis M. Mcgregor
• Inventors: McGregor, Travis M., McGregor, Gregory M., McGregor, Christopher M.
• Primary Examiner(s): Miah, Liton
• Application Number:
  US12/226,020
• Publication Number:
  US 20090275363A1
• Time in Patent Office: 2,491 Days
• Field of Search: 455/406, 455/410, 705/39, 705/44, 705/52
• US Class Current: 455/406
• CPC Class Codes: G06Q 20/3221 Access to banking information through M-devices
• 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 20/40 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 30/04 Billing or invoicing

Abstract

A financial transaction processing system in a legacy financial transaction network for wireless mobile handset devices having an internal SIM or USIM under control of a service provider in a wireless communication network connected to an open world communication network in which the SIM or USIM has a secure part of an account management application that manages a financial account in the handset and adjusts the financial account when the user of the handset communicates a number related to the mobile number of the handset to a legacy remote card terminal which routes the number and transaction data to the secure link server of the service provider.

Claims

1. A distributed financial transaction processing system in a financial transaction processing network for wireless mobile handset devices having an internal SIM or USIM under control of a wireless mobile system operator in a wireless communication network connected to an open world communication network comprising:

a service provider having a secure link server in part under initial control of the wireless mobile system operator, wherein the service provider provides mobile communication services to users of the wireless mobile handset devices in the communication network;

at least one wireless mobile handset device having an internal SIM or USIM under initial control of the wireless mobile system operator wherein secure messages can be exchanged between the secure link server and the wireless mobile handset device that are secure from a user of the wireless mobile handset device; and

,

an account management application, at least in part coded in the SIM or USIM of the wireless mobile handset device initially controlled by the wireless mobile system operator wherein the account management application has a financial account within the wireless mobile handset device that is secure from a user of the wireless mobile handset device and is in part managed by the account management application that is in part coded in the SIM or USIM of that wireless mobile handset device for a user of the wireless mobile handset device;

wherein the financial transaction processing network has remote terminals, and wherein a financial transaction is communicated to one of the remote terminals and transaction data related to the financial transaction is processed by the financial transaction processing network,

wherein transaction data related to the financial transaction is routed by the remote terminal to the secure link server and the secure link server sends a secure message to the user'"'"'s wireless mobile handset device,

wherein the transaction data routed to the user'"'"'s wireless mobile handset device includes a user approval prompt wherein the wireless mobile handset device prompts the user to signal an approval, and,

wherein the account management application adjusts the financial account within the wireless mobile handset device to reflect a charge from the financial transaction.

2. The financial transaction processing system of claim 1 wherein the transaction data is routed by the secure link server to the wireless mobile handset device in real time.

3. The financial transaction processing system of claim 1 wherein the secure link server optionally approves a financial transaction and subsequently routes the transaction data to the user'"'"'s wireless mobile handset device wherein the financial account in the wireless mobile handset device is adjusted.

4. The financial transaction processing system of claim 1 wherein virtual script is issued to the financial account in the wireless mobile handset device according to a business model adopted by the service provider.

5. The financial transaction processing system of claim 1 wherein the financial transaction communicated to one of the remote terminals includes a financial transaction processing number.

6. The financial transaction processing system of claim 5, wherein the wireless mobile handset device has a mobile number and the financial transaction processing number is the mobile number of the wireless mobile handset device.

7. The financial transaction processing system of claim 6 wherein the financial transaction processing number has an ANSI prefix identifying a financial entity in addition to the mobile number of the wireless mobile handset device.

8. The financial transaction processing system of claim 7 wherein the transaction data is routed by the remote terminal to the financial entity before routing to the secure link server for approval.

9. The financial transaction processing system of claim 6 wherein the financial transaction processing number has a user PIN in addition to the mobile number of the wireless mobile handset device.

10. The financial transaction processing system of claim 5 wherein the financial transaction processing number is carried on a magnetic strip on a card and is communicated to the remote terminal by a conventional card swipe by the user.

11. The financial transaction processing system of claim 1 wherein the financial transaction is communicated to one of the remote terminals by the wireless mobile handset device.

12. The financial transaction processing system of claim 1 wherein the financial transaction is communicated to the remote terminal orally by a user of the wireless mobile handset device and entered manually into the terminal by a terminal attendant.

13. The financial transaction processing system of claim 1 wherein the financial account managed by the account management application resides in the SIM or USIM.

14. The financial transaction processing system of claim 1 wherein the user has limited access to the financial account managed by the account management application wherein the access is limited to viewing the status of the account.

15. The financial transaction processing system of claim 1 wherein the message prompts the user of the wireless mobile handset device.

16. The financial transaction processing system of claim 15 wherein the user is prompted with a visual message for approval of the financial transaction, and on approval, the account management application adjusts the financial account within the wireless mobile handset device to reflect a charge from the financial transaction.

17. The financial transaction processing system of claim 1 wherein the user has access to view the status of the account on the wireless mobile handset device.

18. The financial transaction processing system of claim 1 wherein the financial account managed by the account management application resides in the wireless mobile handset.