Method and system for facilitating payment transactions using access devices

• US 8,924,299 B2
• Filed: 06/19/2012
• Issued: 12/30/2014
• Est. Priority Date: 08/27/2002
• Status: Active Grant

• Current Assignee: Visa USA, Inc. (Visa, Inc.)
• Original Assignee: Visa USA, Inc. (Visa, Inc.)
• Inventors: Huang, Jean, Redmond, Eric, Heisinger, Pete
• Primary Examiner(s): Poinvil, Frantzy
• Application Number:
  US13/526,953
• Publication Number:
  US 20130024378A1
• Time in Patent Office: 924 Days
• Field of Search: 705 10- 44
• US Class Current: 705/44
• 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 20/045 using payment protocols involving tickets
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 20/223 based on the use of peer-to-peer networks
• CPC Class Codes: G06Q 20/26 Debit schemes, e.g. "pay now"
• 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 40/12 Accounting

Abstract

A payment system for facilitating a payment transaction between a payer and a payee is disclosed. The payment system includes an access device, a payee device, and a services hub. The services hub is configured to communicate with the access device and the payee device; and generate a tracer ticket.

Claims

1. A method comprising:

providing, by a computer, to a payment services hub, payer registration information, payer registration information comprising at least one payer account identifier, and a payer access device identifier associated with a payer access device that is used by a payer to pay a payee; and

receiving at the payer access device, from the payment services hub, a tracer ticket based on the payer registration information and payee registration information.

2. The method of claim 1 further comprising:

providing a payment amount to the payment services hub, prior to receiving the tracer ticket.

3. The method of claim 1 wherein the at least one payer account identifier comprises a plurality of account numbers, the plurality of account numbers comprising a payment card number and a checking account number.

4. The method of claim 1 wherein the tracer ticket associates the payee and the payer to authorize a transfer of payment amounts from the payer to the payee.

5. The method of claim 1 wherein the tracer ticket is associated with information including a payment amount, a name of the payee, a name of the payer, and a password.

6. The method of claim 1 wherein the payment services hub comprises a tracer ticket services module.

7. The method of claim 1 wherein the payer access device is phone.

8. The method of claim 7 wherein the payer access device identifier is a phone number.

9. The method of claim 7 wherein the payer registration information specifies how the payer access device is linked to various accounts of the payer.

10. The method of claim 7 wherein the payment services hub comprises a tracer ticket services module, wherein the tracer ticket services module is configured to perform services including authentication, authorization, settlement, and audit and dispute resolution relating to payment transactions involving tracer tickets.

11. The method of claim 1 wherein the payer registration information specifies how the payer access device is linked to various accounts of the payer.

12. The method of claim 1 wherein the payer registration information includes biometric data provided by the payer.

13. The method of claim 1 wherein the payer registration information includes information that specifies accounts from which payment for goods or services are automatically made if the conditions of a purchase satisfy an established payment profile.

14. The method of claim 1 wherein the payment services hub comprises payment profiles of the payer and the payee, and security preferences of the payer and the payee.

15. The method of claim 1 wherein the payment services hub comprises an access authentication module.

16. A system comprising:

a computer comprising a processor and programmed to provide to a payment services hub, payer registration information, the payer registration information comprising at least one payer account identifier, and a payer access device identifier associated with a payer access device that is used by a payer to pay a payee; and

a payee access device comprising a processor and programmed to receive from the payment services hub, a tracer ticket based on the payer registration information and payee registration information.

17. The system of claim 16 further comprising the payment services hub.