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System and method for facilitating cash payment transactions using a mobile device

  • US 9,626,701 B2
  • Filed: 05/23/2012
  • Issued: 04/18/2017
  • Est. Priority Date: 05/23/2012
  • Status: Active Grant
First Claim
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1. A method for facilitating a payment between an online merchant and a consumer, wherein the consumer provides a purchase request on a mobile device, and wherein the consumer provides the payment for the purchase request at a point-of-sale terminal that is local to the consumer and remote to the merchant, the method comprising:

  • receiving with a communications interface of a service provider system the purchase request made on the mobile device;

    generating with a processor of the service provider system transaction instructions for the purchase request;

    receiving with the communications interface of the service provider system the consumer'"'"'s mobile phone number;

    linking with the processor of the service provider system the consumer'"'"'s mobile phone number to the transaction instructions;

    creating with the processor of the service provider system a transaction-specific unique reference locator linked to a transaction-specific web page;

    updating with the processor of the service provider system the transaction-specific web page to display instructions to the consumer on how to provide the payment for the purchase request at the point-of-sale terminal;

    transmitting with the communications interface of the service provider system the transaction-specific unique reference locator to the consumer at the consumer'"'"'s mobile telephone number;

    generating with the processor of the service provider system a token ID;

    linking with the processor of the service provider system the token ID to the transaction instructions;

    updating with the processor of the service provider system the transaction-specific web page to display the token ID;

    receiving with the communications interface of the service provider system confirmation that the consumer presented the token ID and the payment to the point-of-sale terminal;

    verifying with the processor of the service provider system that the payment is in accordance with the transaction instructions; and

    updating with the processor of the service provider system the transaction-specific web page to display a transaction receipt confirming the payment at the point-of-sale.

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