Method and device for conducting mobile commerce

• US 20030018532A1
• Filed: 07/23/2001
• Published: 01/23/2003
• Est. Priority Date: 07/23/2001
• Status: Abandoned Application

• Current Assignee: General Motors Corporation (Motors Liquidation Co. GUC Trust)
• Original Assignee: General Motors Corporation (Motors Liquidation Co. GUC Trust)
• Inventors: Dudek, Kenneth P., Heng, Teck T.
• Application Number:
  US09/911,164
• Publication Number:
  US 20030018532A1
• Time in Patent Office: Days
• US Class Current: 705/17
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking 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 30/06 Buying, selling or leasing transactions

Abstract

The invention provides a method for conducting mobile commerce by verifying user authorization at a hand held device. A transaction request is then transmitted from the hand held device. An amount and a transaction identification is transmitted from a base unit in response to the transaction request. The amount transmitted is displayed at the hand held device. A user identification and the transaction identification are then transmitted from the hand held device and a credit transaction is posted to the user identification from the base unit, as a function of the transaction identification.

Claims

1. A method for conducting mobile commerce comprising:

verifying user authorization at a hand held device;

transmitting a transaction request from the hand held device;

transmitting an amount and a transaction identification in response to the transaction request, from a base unit;

displaying the amount at the hand held device;

transmitting a user identification and the transaction identification from the hand held device; and

posting a credit transaction to the user identification from the base unit, as a function of the transaction identification.

2. The method of claim 1 wherein the hand held device provides for interactive communication with the base unit.

3. The method of claim 1 wherein user authorization is verified using a biometric device.

4. The method of claim 1 wherein user identification contains credit card information.

5. The method of claim 1 further comprising:

encrypting the user identification at the hand held device prior to transmitting.

6. The method of claim 1 further comprising:

decrypting the user identification at the base unit.

7. The method of claim 1 further comprising:

initializing communication from the base unit to a financial institution.

8. The method of claim 1 further comprising:

encrypting the transaction identification from the base unit prior to transmitting.

9. The method of claim 1 further comprising:

decrypting the transaction identification at the financial institution.

10. The method of claim 1 wherein transaction identification is used as a pointer to actual transaction information.

11. The method of claim 1 further comprising:

initializing communication from the base unit to a transaction totaling device.

12. The method of claim 1 further comprising:

accepting a transaction from the hand held device, based on the displayed amount.

14. The system of claim 13 further comprising:

means for initiating communication to a transaction totaling device.

15. The system of claim 13 further comprising:

means for initiating communication to a financial institution.

16. The system of claim 13 further comprising:

means for allowing a user to accept a transaction based on the displayed amount.

18. The computer readable medium of claim 17 further comprising:

computer readable code for initiating communication to a transaction totaling device.

19. The computer readable medium of claim 17 further comprising:

computer readable code for initiating communication to a financial institution.

20. The computer readable medium of claim 15 further comprising:

computer readable code for accepting a transaction from the user, based on the displayed amount.

13. A system for conducting mobile commerce comprising:

means for authorizing a user;

means for transmitting a transaction request from the user;

means for transmitting an amount and a transaction identification in response to the transaction request;

means for notifying the user of the amount;

means for transmitting a user identification and the transaction identification from the user; and

means for posting a credit transaction to the user identification as a function of the transaction identification.

17. A computer readable medium storing a computer program comprising:

computer readable code for authorizing a user;

computer readable code for transmitting a transaction request from a user;

computer readable code for transmitting an amount and a transaction identification in response to the transaction request;

computer readable code for displaying the amount to the user;

computer readable code for transmitting a user identification and the transaction identification from the user; and

computer readable code for posting a credit transaction to the user identification, as a function of the transaction identification.