Secured pre-payment for portable communication unit

• US 10,057,432 B1
• Filed: 11/06/2017
• Issued: 08/21/2018
• Est. Priority Date: 04/27/2000
• Status: Expired due to Fees

• Current Assignee: Precis Group LLC
• Original Assignee: Peter D. Wendt
• Inventors: Wendt, Peter D., Karvonen, Daniel S.
• Primary Examiner(s): Nguyen, David Q
• Application Number:
  US15/805,081
• Time in Patent Office: 288 Days
• Field of Search: 455406, 37911401, 37914401
• CPC Class Codes: G06Q 20/28 Pre-payment schemes, e.g. "pay before"
• CPC Class Codes: G06Q 20/3223 Realising banking transactions through M-devices
• CPC Class Codes: G06Q 20/4037 Remote solvency checks
• CPC Class Codes: H04M 17/302 from communication terminal display
• CPC Class Codes: H04W 4/24 Accounting or billing

Abstract

In a method of payment for service of a portable communication unit, a customer prepays a dealer for said service, the dealer forwards transaction order information about the pre-payment to a prepaid management center (PMC); and the PMC provides a bank the transaction order information. The bank, upon receipt of the transaction order information from the PMC, determines whether there are sufficient funds in the dealer account to cover the transaction. If there is insufficient cash on hand, the dealer is notified and is provided an opportunity to replenish the account so that the transaction may proceed. If there are adequate funds in the dealer account, the bank automatically transfers the amount of the purchase transaction in the SPS account, less the dealer'"'"'s fee for the purchase. After funds are transferred from the dealer account, the PMC is notified of the transfer, at which time the PMC generates codes and issues the codes to the dealer. The dealer transfers the codes to the user and the user enters the codes into the unit. On a regular basis the bank electronically transfers funds from the SPS account into accounts held by parties entitled to receive the funds.

Claims

1. A method of prepayment for service on a telecommunications system using a portable communication unit (PCU), the method comprising:

receiving a prepayment from a customer at a dealer for service on a telecommunications system using a first telecommunication channel;

receiving transaction order information at a prepaid management center (PMC) from a dealer about the prepayment by the customer to the dealer, the PMC receiving the transaction order information using a second telecommunication channel;

providing a bank the transaction order information using a third telecommunication channel and the PMC;

notifying the dealer using the third telecommunication channel if insufficient funds are determined to be in a dealer account at the bank and providing the dealer an opportunity to replenish the dealer account;

if sufficient funds are determined to be in the dealer account, automatically transferring the amount of the transaction from the dealer account to a secure payment system (SPS) account using a fourth telecommunication channel, less a dealer'"'"'s fee for the transaction;

after funds have been transferred from the dealer account to the SPS account, notifying the PMC of the transfer using a fifth telecommunication channel in response to the funds transfer into the SPS account;

in response to the funds transfer into the SPS account, generating codes using the PMC to enable the PCU to provide the service on the telecommunication system;

transferring the codes to the customer using the first telecommunication channel for entry into the PCU by the customer;

processing the codes using the PCU; and

providing the service on the telecommunication system using the result of processing the codes by the PCU.

2. The method of claim 1, further comprising issuing the codes to the dealer using the PMC and a sixth telecommunication channel.

3. The system of claim 1, wherein the first telecommunication channel, the second telecommunication channel, the third telecommunication channel, the fourth telecommunication channel, the fifth telecommunication channel, and the sixth telecommunication channel are one of a telephone network and the Internet.