Payment processing methods

• US 9,031,868 B2
• Filed: 04/12/2011
• Issued: 05/12/2015
• Est. Priority Date: 04/13/2010
• Status: Expired due to Fees

• Current Assignee: Locomobi World, Inc.
• Original Assignee: LocoMobi Inc.
• Inventors: Muirbrook, Carl T
• Primary Examiner(s): Desai, Resha
• Application Number:
  US13/066,359
• Publication Number:
  US 20110258076A1
• Time in Patent Office: 1,491 Days
• Field of Search: 705 261- 272
• US Class Current: 705/26.41
• CPC Class Codes: G06Q 20/20 Point-of-sale [POS] network systems
• CPC Class Codes: G06Q 20/3224 Transactions dependent on location of M-devices
• CPC Class Codes: G06Q 20/3276 using a pictured code, e.g. barcode or QR-code, being read by the M-device
• CPC Class Codes: G06Q 2240/00 Transportation facility access, e.g. fares, tolls or parking
• CPC Class Codes: G06Q 30/0284 Time or distance, e.g. usage of parking meters or taximeters
• CPC Class Codes: G06Q 30/06 Buying, selling or leasing transactions
• CPC Class Codes: G06Q 30/0613 Third-party assisted
• CPC Class Codes: G06Q 30/0633 Lists, e.g. purchase orders, compilation or processing
• CPC Class Codes: G06Q 30/0639 Item locations
• CPC Class Codes: G07F 17/24 for parking meters

Abstract

A system and methods using applications for payment of goods and/or services based on verifying whether geographic information received from an electronic device with the app corresponds with geographic information from a registered location. A processing center executes a default action when the geographic information so corresponds, and in one embodiment, the default action is to complete the transaction.

Claims

1. A method for using an internet-connected device to remotely execute a default action related to a consumer transaction, comprising the following steps:

entering, into a remote processing center comprising a server, information corresponding to at least one registered location, wherein said information comprises a geographic location of a point of sale, and wherein said remote center recognizes said point of sale as a registered location upon entry of geographic information;

downloading a payment application to the internet-connected device, wherein said downloaded payment application prompts a consumer to enter at least one consumer parameter, wherein the consumer sets at least one consumer parameter that is specifically linked to each registered location;

launching said payment application at said registered location, wherein upon launch, said application transmits information via the internet to the remote processing center, and wherein said information comprises the geographic location of the internet-connected device;

verifying, by said remote processing center, that the geographic information received from said internet-connected device corresponds to a registered location; and

executing, by the processing center, the default action after said verification step, wherein said default action is individually determined for each registered location, and wherein said default action comprises opening or raising a gate or unlocking a door.

2. The method of claim 1 wherein said geographic information corresponding to a registered location is entered using longitude and latitude.

3. The method of claim 1 wherein two or more registered locations are entered into the processing center.

4. The method of claim 1 wherein a point of sale includes more than one registered location.

5. The method of claim 4 wherein each registered location corresponds to a single cash register.

6. The method of claim 1 wherein said entry of information corresponding to a registered location comprises merchant parameters.

7. The method of claim 6 wherein said merchant parameters are selected from the group consisting of merchant identification information, maximum transaction amount, and cash register identification.

8. The method of claim 1 wherein said default action further comprises completing the payment transaction.

9. The method of claim 1 wherein said default action further comprises prompting the consumer for more input.

10. The method of claim 1 wherein said registered location is a parking facility.

11. The method of claim 1 wherein said at least one consumer parameter includes a consumer payment option.

12. The method of claim 11 wherein said consumer payment option is selected from the group consisting of credit, debit, and cash.

13. A method for using an internet-connected device to remotely execute a default action related to a consumer transaction, comprising the following steps:

entering, into a remote processing center comprising a server, information corresponding to at least one action location, wherein said entered information comprises a geographic location of said action location, wherein said remote processing center recognizes said action location as a registered location upon entry of geographic information, and wherein said registered location has software in communication with said remote processing center;

linking unique readable code with each registered location, wherein said unique readable code is displayed at said registered location;

downloading a payment application to the internet-connected device with a camera, wherein said downloaded payment application prompts a consumer to enter at least one consumer parameter, wherein the consumer sets at least one consumer parameter that is specifically linked to each registered location;

launching said payment application at said registered location, wherein upon launch, said application transmits geographic location information of said internet-connected device via the internet to the remote processing center;

verifying, by said remote processing center, that the geographic information received from said internet-connected device corresponds to a registered location linked with readable code;

executing, by the processing center, a first default action activating said camera after said verification step, wherein said default action comprises opening or raising a gate or unlocking a door;

placing, by the consumer, said activated camera in front of said readable code;

reading, by said activated camera, said readable code;

transmitting said readable code, by said internet-connected device, via the internet to said processing center;

analyzing, by said remote processing center, said readable code received from said camera; and

executing, by said processing center, a second default action when said readable code, said geographic information from said internet-connected device and said registered location correspond.

14. The method of claim 13 wherein there is more than one registered location at each action location.

15. The method of claim 13 wherein said unique code is linked to a registered location by tangible media displaying readable code.

16. The method of claim 13 wherein a cash register is a registered location, and said second default action instructs said action location software to transmit a transaction amount to said processing center.

17. The method of claim 13 wherein a gate is a registered location, and said second default action opens said action location software to open said gate.

18. The claim of claim 13, wherein said transmission of information via the internet occurs wirelessly via at least one remote communication device.

19. The method of claim 13, wherein said transmission of information or readable code via the internet occurs wirelessly via at least one remote communication device.