Mobile wireless financial instrument for automatically selecting a payment instrument
First Claim
Patent Images
1. A method comprising:
- receiving, by a mobile wireless communications instrument from a position determination system of the mobile wireless communications instrument, location information that comprises a location of the mobile wireless communications instrument;
selecting, by the mobile wireless communications instrument, one or more user preferences of a user from a plurality of programmable user preferences stored in the mobile wireless communications instrument; and
securely conducting a financial transaction, by the mobile wireless communications instrument, based on one or more payment instruments of a plurality of payment instruments automatically selected by the mobile wireless communications instrument based on the selected one or more user preferences and the received location information.
1 Assignment
0 Petitions
Accused Products
Abstract
The specification and drawing figures describe and illustrate a point-of-sale payment system. The point-of-sale payment system includes a mobile wireless communications instrument having at least one data processor. The data processor is capable of automatically selecting a payment instrument for transmitting a payment sum across a mobile wireless communications network and, if necessary, a credit network. The point-of-sale payment system may also include a data transmission subsystem for receipt, storage, processing, and transmittal of data across the wireless communications network and/or the data transmission subsystem.
44 Citations
52 Claims
-
1. A method comprising:
-
receiving, by a mobile wireless communications instrument from a position determination system of the mobile wireless communications instrument, location information that comprises a location of the mobile wireless communications instrument; selecting, by the mobile wireless communications instrument, one or more user preferences of a user from a plurality of programmable user preferences stored in the mobile wireless communications instrument; and securely conducting a financial transaction, by the mobile wireless communications instrument, based on one or more payment instruments of a plurality of payment instruments automatically selected by the mobile wireless communications instrument based on the selected one or more user preferences and the received location information. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11)
-
-
12. A mobile wireless communications instrument comprising:
-
a housing; a position determination system positioned within the housing; and a data processing system positioned within the housing and comprising; a memory; a bus coupled to the memory; and a processor coupled to the bus, wherein the processor is configured with processor-executable instructions to perform operations for securely conducting a financial transaction using the mobile wireless communications instrument, the operations comprising; sending data to a device, receiving data from the device, and storing the received data, wherein the data is associated with one or more payment instruments; receiving location information that comprises the location of the mobile wireless communications instrument from the position determination system; and automatically identifying one or more payment instruments of a plurality of payment instruments for securely conducting the financial transaction based in part on the received location information and one or more preferences of a user. - View Dependent Claims (13, 14, 15, 16, 17, 18, 19, 20)
-
-
21. An apparatus comprising:
-
a mobile wireless communications instrument; a position determination system positioned within and coupled to the mobile wireless communications instrument and configured to provide a location of the mobile wireless communications instrument; and a data processing system positioned within and coupled to the mobile wireless communications instrument, wherein the data processing system is configured to automatically identify one or more payment instruments of a plurality of payment instruments to conduct a secure financial transaction, based in part on the provided location and one or more preferences of a user. - View Dependent Claims (22, 23, 24, 25, 26, 27, 28, 29, 30)
-
-
31. A non-transitory processor readable storage medium having stored thereon processor-executable instructions configured to cause a mobile wireless communications instrument processor to perform operations comprising:
-
receiving, by the mobile wireless communications instrument from a position determination system of the mobile wireless communications instrument, location information that comprises a location of the mobile wireless communications instrument; selecting, by the mobile wireless communications instrument, one or more user preferences of a user from a plurality of programmable user preferences stored in the mobile wireless communications instrument; and securely conducting a financial transaction, by the mobile wireless communications instrument, based on one or more payment instruments of a plurality of payment instruments automatically selected by the mobile wireless communications instrument based on the selected one or more user preferences and the received location information. - View Dependent Claims (32, 33, 34, 35, 36, 37, 38, 39, 40, 41)
-
-
42. An apparatus comprising:
-
means for receiving, by a mobile wireless communications instrument, location information that comprises a location of the mobile wireless communications instrument; means for selecting, by the mobile wireless communications instrument, one or more user preferences of a user from a plurality of programmable user preferences stored in the mobile wireless communications instrument; and means for securely conducting a financial transaction, by the mobile wireless communications instrument, based on one or more payment instruments of a plurality of payment instruments automatically selected based on the selected one or more user preferences and the received location information. - View Dependent Claims (43, 44, 45, 46, 47, 48, 49, 50, 51, 52)
-
Specification