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

• Current Assignee: Paynearme Incorporated
• Original Assignee: Paynearme Incorporated
• Inventors: Capps, Stephen P., Minor, John Paul, Voss, Catalin
• Primary Examiner(s): Ludwig, Peter L
• Application Number:
  US13/479,135
• Publication Number:
  US 20130317923A1
• Time in Patent Office: 1,791 Days
• Field of Search: None
• CPC Class Codes: G06Q 20/00 Payment architectures, schemes or protocols apparatus for performing or posting payment transactions G07F7/08, G07F19/00; electronic cash registers G07G1/12
• CPC Class Codes: G06Q 20/12 specially adapted for electronic shopping systems
• CPC Class Codes: G06Q 20/3223 Realising banking transactions through 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 30/00 Commerce
• CPC Class Codes: G06Q 30/06 Buying, selling or leasing transactions
• CPC Class Codes: G06Q 50/00 Information and communication technology [ICT] specially adapted for implementation of business processes of specific business sectors, e.g. utilities or tourism healthcare informatics G16H

Abstract

Disclosed herein are systems and methods for facilitating transactions between a merchant-partner and an end-user. In one embodiment, a service provider: (a) stages a transaction between a merchant and a consumer; (b) creates a transaction-specific unique reference locator (URL) linked to a transaction-specific web page; and (c) sends the transaction-specific URL to the consumer'"'"'s mobile device. Whereupon the consumer clicks on the transaction specific URL on their mobile device, the service provider displays a token ID on the transaction-specific web page. The token ID is linked to the staged transaction and is used to initiate data communication between a point-of-sale (POS) terminal and the service provider'"'"'s processing unit. The service provider can then: receive confirmation that the consumer has presented the token ID and a payment to the POS terminal; display a transaction receipt on the transaction-specific web page; and/or notify the merchant that the consumer has provided the payment.

Claims

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.

2. The method of claim 1, further comprising notifying with the communications interface of the service provider system the merchant that the consumer has provided the payment.

3. The method of claim 1, wherein the token ID is in a form selected from the group consisting of:

a barcode, a pin number, and a quick response (QR) code.

4. The method of claim 3, further comprising selecting with the processor of the service provider system the form of the token ID based on the point-of-sale terminal.

5. The method of claim 1, further comprising:

receiving with the communications interface of the service provider system geolocation information from the mobile device;

identifying with the processor of the service provider system the point-of-sale based on the geolocation information; and

updating with the processor of the service provider system the transaction-specific web page to display the address of the point-of-sale.

6. The method of claim 5, wherein the token ID is in a form selected from the group consisting of:

a barcode, a pin number, and a quick response (QR) code.

7. The method of claim 6, further comprising selecting with the processor of the service provider system the form of the token ID based on the point-of-sale terminal.

8. 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 contact information;

linking with the processor of the service provider system the consumer'"'"'s contact information 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 contact information;

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.

9. The method of claim 8, further comprising notifying with the communications interface of the service provider system the merchant that the consumer has provided the payment.

10. The method of claim 8, wherein the token ID is in a form selected from the group consisting of:

a barcode, a pin number, and a quick response (QR) code.

11. The method of claim 10, further comprising selecting with the processor of the service provider system the form of the token ID based on the point-of-sale terminal.

12. The method of claim 8, further comprising:

receiving with the communications interface of the service provider system geolocation information from the mobile device;

identifying with the processor of the service provider system the point-of-sale based on the geolocation information; and

updating with the processor of the service provider system the transaction-specific web page to display the address of the point-of-sale.

13. The method of claim 12, wherein the token ID is in a form selected from the group consisting of:

a barcode, a pin number, and a quick response (QR) code.

14. The method of claim 13, further comprising selecting with the processor of the service provider system the form of the token ID based on the point-of-sale terminal.