Processing payment at a point of sale with limited information

• US 9,672,504 B2
• Filed: 02/16/2012
• Issued: 06/06/2017
• Est. Priority Date: 02/16/2012
• Status: Active Grant

• Current Assignee: PayPal, Inc. (PayPal Holdings, Inc.)
• Original Assignee: PayPal, Inc. (PayPal Holdings, Inc.)
• Inventors: Zito, Sean
• Primary Examiner(s): RUDY, ANDREW J
• Application Number:
  US13/398,697
• Publication Number:
  US 20130218693A1
• Time in Patent Office: 1,937 Days
• Field of Search: 235375, 235376, 235380, 235383, 705 16, 705 261, 705 38, 705 40, 709217, 709223
• CPC Class Codes: G06Q 20/20 Point-of-sale [POS] network systems
• CPC Class Codes: G06Q 20/204 comprising interface for record bearing medium or carrier for electronic funds transfer or payment credit
• CPC Class Codes: G06Q 20/208 Input by product or record sensing, e.g. weighing or scanner processing
• CPC Class Codes: G06Q 20/24 Credit schemes, i.e. "pay after"
• CPC Class Codes: G06Q 20/401 Transaction verification
• CPC Class Codes: G06Q 20/405 Establishing or using transaction specific rules
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03

Abstract

A consumer at a POS is able to obtain instant credit from a third party payment provider by providing identification information, such as from a driver'"'"'s license, through a sales associate at the POS and by providing directly the last four digits of the consumer'"'"'s social security number (SSN). When the consumer wants to make subsequent purchases through the payment provider, the sales associate need only enter the consumer'"'"'s last name, zip code, and date of birth for the payment provider to locate and retrieve the consumer'"'"'s account. The consumer may then enter the last four digits of the consumer'"'"'s social security number, such as into a PIN pad at the POS, and have the information processed by the payment provider.

Claims

1. A method for electronically processing a payment at a point of sale, the method comprising:

receiving, electronically by a hardware processor of a payment provider, a payment request from a transaction device at a merchant point of sale (POS);

receiving, electronically by the hardware processor, identification information for a user provided via the merchant POS, wherein the identification information comprises a last name, a zip code, and a date of birth of the user;

accessing, electronically by the hardware processor, a preexisting account of the user stored in a database associated with the payment provider based on the received identification information without requiring the hardware processor to receive, from the merchant POS, financial information associated with the preexisting account;

receiving, electronically by the hardware processor, verification information of the user entered by the user at the merchant POS, the verification information being entered after the identification information is received and after the preexisting account of the user is accessed;

in response to determining that the verification information corresponds to last four digits of a social security number (SSN) of the user stored in the database, approving the payment request using the preexisting account of the user based on the last four digits of the SSN without requiring the user to provide a payment provider card; and

processing, electronically by the hardware processor, the payment request in response to the approving.

2. The method of claim 1, wherein the identification information is received from the transaction device.

3. The method of claim 2, wherein the identification information is entered into the transaction device by a sales associate from a user ID.

4. The method of claim 1, wherein the wherein the verification information comprises a last four digits of a SSN received from a merchant personal identification number (PIN) device.

5. The method of claim 4, wherein the last four digits of the SSN are entered into the PIN device by the user.

6. The method of claim 1, further comprising presenting a plurality of matching results to a sales associate if the received identification information returns more than one preexisting account.

7. The method of claim 6, further comprising receiving a selected user from the matching results.

8. The method of claim 7, wherein the selected user is selected by the sales associate.

9. The method of claim 1, further comprising notifying a sales associate and the user when the payment request is approved or denied.

10. The method of claim 1, wherein the preexisting account of the user is used to fund the payment request.

11. The method of claim 1, wherein user information is entered by a sales associate.

12. The method of claim 4, wherein the last four digits of the user SSN is entered by the user.

13. The method of claim 11, wherein the user is requested to confirm user information entered by the sales associate.

14. The method of claim 9, wherein the sales associate is notified through a merchant personal identification number (PIN) device.

15. The method of claim 9, wherein the user is notified through a user mobile device.

16. The method of claim 1, wherein the payment request is funded by cash, check, debit card, credit card, or gift card.