System and method for controlling financial transactions over a wireless network

• US 9,147,185 B2
• Filed: 09/04/2014
• Issued: 09/29/2015
• Est. Priority Date: 12/23/1997
• Status: Expired due to Fees

• Current Assignee: Unwired Planet LLC (JP Morgan Chase & Co)
• Original Assignee: Unwired Planet LLC (JP Morgan Chase & Co)
• Inventors: Dennis, Charles L.
• Primary Examiner(s): RUDY, ANDREW J
• Application Number:
  US14/477,750
• Publication Number:
  US 20140379500A1
• Time in Patent Office: 390 Days
• Field of Search: 455/414.1, 455/432.1, 455/466, 455405-408, 455/414.2, 455/422.1, 455/456.1, 709/203, 709/219, 709/223, 709/217, 709/224, 235/376, 235/379, 235/383
• US Class Current: 1/1
• CPC Class Codes: G06F 3/04842 Selection of displayed objects or displayed text elements G06F3/0482 takes precedence
• CPC Class Codes: G06Q 20/04 Payment circuits
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 20/20 Point-of-sale [POS] network systems
• CPC Class Codes: G06Q 20/202 Interconnection or interaction of plural electronic cash registers [ECR] or to host computer, e.g. network details, transfer of information from host to ECR or from ECR to ECR
• CPC Class Codes: G06Q 20/3224 Transactions dependent on location of M-devices
• CPC Class Codes: G06Q 20/3226 Use of secure elements separate from M-devices
• CPC Class Codes: G06Q 20/326 Payment applications installed on the mobile devices
• CPC Class Codes: G06Q 20/3674 involving authentication
• CPC Class Codes: G06Q 20/42 Confirmation, e.g. check or permission by the legal debtor of payment
• CPC Class Codes: G06Q 40/03 Credit; Loans; Processing thereof
• CPC Class Codes: H04L 67/04 specially adapted for terminals or networks with limited capabilities; specially adapted for terminal portability
• CPC Class Codes: H04L 67/306 User profiles
• CPC Class Codes: H04L 67/51 Discovery or management thereof, e.g. service location protocol [SLP] or web services
• CPC Class Codes: H04L 67/535 Tracking the activity of the user network monitoring arrangements H04L43/00; recording of computer activity G06F11/34
• CPC Class Codes: H04M 15/68 Payment of value-added services
• CPC Class Codes: H04M 2215/00 Metering arrangements; Time controlling arrangements; Time indicating arrangements
• CPC Class Codes: H04M 2215/0176 Billing arrangements using internet
• CPC Class Codes: H04M 2215/0196 Payment of value-added services, mainly when their charges are added on the telephone bill, e.g. payment of non-telecom services, e-commerce, on-line banking
• CPC Class Codes: H04M 2215/32 Involving wireless systems
• CPC Class Codes: H04W 4/025 : using location based information parameters

Abstract

A system and method for controlling financial transactions is disclosed. A customer, using a wireless device, identifies a point of sale and the amount of a transaction at that point of sale is first communicated to a central service and then transmitted to the wireless device for display at the wireless device. The customer can either accept the transaction amount to complete the transaction or reject the amount to cancel the transaction. The customer may have to enter a password or personal identification number to verify the authorization to use the wireless financial system. The customer is billed for the transaction via credit, debit, ATM or other methods, such as the wireless carrier or an internet provider.

Claims

1. A wireless device comprising:

a display;

an antenna;

a communication interface configured to communicate with a wireless network using the antenna;

at least one processor; and

storage storing computer-executable instructions, the computer-executable instructions executable by the at least one processor to cause the wireless device to;

acquire barcode data;

transmit the barcode data over the wireless network using the communication interface;

receive transaction data over the wireless network using the communication interface, the transaction data being based at least in part on the barcode data;

present information based at least in part on the transaction data on the display; and

transmit authorization data over the wireless network using the antenna to authorize a transaction relating to the transaction data.

2. The wireless device of claim 1, further comprising:

a barcode reader;

and wherein the computer-executable instructions further cause the barcode data to be acquired from the barcode reader in the acquiring barcode data.

3. The wireless device of claim 1, wherein the computer-executable instructions further cause the wireless device to:

receive, over the wireless network using the communication interface, price data comprising at least two different prices based at least in part on the barcode data; and

present information based at least in part on the price data on the display of the wireless device.

4. The wireless device of claim 1, wherein the computer-executable instructions further cause the wireless device to:

transmit payment information data over the wireless network using the communication interface, the payment information data identifying a payment source to be used in payment of the transaction amount.

5. The wireless device of claim 1, wherein the computer-executable instructions further cause the wireless device to:

transmit presence data over the wireless network using the communication interface before transmitting the barcode data, the presence data indicating the presence of the wireless device in a business location.

6. The wireless device of claim 5, wherein the computer-executable instructions further cause the wireless device to:

determine the presence data based at least in part on a location of wireless network site from which the wireless device is currently receiving wireless communications service using the communication interface.

7. The wireless device of claim 1, wherein the transaction data includes a transaction amount, and wherein the computer-executable instructions further cause the wireless device to:

display the transaction amount on the display; and

wherein the transmission of authorisation data is responsive to authorisation of the transaction amount by a user of the wireless device.

8. The wireless device of claim 1, wherein the computer-executable instructions further cause the wireless device to:

include identification data in the authorization data, wherein the identification data is to verify a user of the wireless device and is based at least in part on one or more inputs to the wireless device by the user.

9. The wireless device of claim 8, wherein the identification data is based at least in part on a password or PIN input to the wireless device by the user.

10. The wireless device of claim 1, wherein the computer-executable instructions further cause the wireless device to:

receive product specification data over the wireless network, the product specification data based at least in part on the barcode data; and

present information based at least in part on the product specification data on the display.

11. The wireless device of claim 1, wherein the wireless device is a cellular telephone.

12. A non-transitory computer-readable medium having computer-readable instructions embodied thereon, the computer-readable instructions being executable by at least one processor of a wireless device to cause the wireless device to:

acquire barcode data;

transmit the barcode data over a wireless network;

receive transaction data over the wireless network, the transaction data being based at least in part on the barcode data;

present information based at least in part on the transaction data on a display of the wireless device; and

transmit authorization data over the wireless network to authorize a transaction relating to the transaction data.

13. The wireless device of claim 12, wherein the computer-readable instructions further cause the wireless device to:

receive, over the wireless network, price data comprising at least two different prices based at least in part on the barcode data; and

present information based at least in part on the price data on the display of the wireless device.

14. The non-transitory computer-readable medium of claim 12, wherein the computer-readable instructions further cause the wireless device to:

transmit presence data over the wireless network before transmitting the barcode data, the presence data indicating the presence of the wireless device in a business location.

15. The non-transitory computer-readable medium of claim 14, wherein the computer-readable instructions further cause the wireless device to:

determine the presence data based at least in part on a location of a wireless network site from which the wireless device is currently receiving wireless communications service.

16. The non-transitory computer-readable medium of claim 12, wherein the transaction data includes a transaction amount, and the computer-readable instructions further cause the wireless device to:

display the transaction amount on the display; and

wherein the transmission of authorisation data is responsive to authorisation of the transaction amount by a user of the wireless device.

17. The non-transitory computer-readable medium of claim 12, wherein the computer-readable instructions further cause the wireless device to:

include identification data in the authorization data, wherein the identification data is to verify a user of the wireless device and is based at least in part on one or more inputs to the wireless device by the user.

18. The non-transitory computer-readable medium of claim 12, wherein the computer-readable instructions further cause the wireless device to:

receive product specification data over the wireless network, the product specification data based at least in part on the barcode data; and

present information based at least in part on the product specification data on the display.