Credit card transaction methods employing wireless terminal location and registered purchasing locations

A credit card transaction authorization method, comprising:

• receiving information concerning a prospective remote credit card transaction with a credit card,
• obtaining location information from a wireless network provider for a wireless terminal that is associated with a registered cardholder of the credit card,
• correlating a location of the wireless terminal with a registered purchasing location associated with the registered cardholder, and
• generating authorization information for the prospective credit card transaction in response to a result of the correlation of the location of the wireless terminal and the registered purchasing location;
• wherein the information concerning the prospective remote credit card transaction comprises a credit card number associated with the credit card and a telephone number of a telephone used to initiate the prospective remote credit card transaction, the method further comprising:
• retrieving a profile associated with the credit card number from a profile database in response to receiving the information concerning the prospective remote credit card transaction, wherein the profile associated with the credit card number comprises a wireless terminal identification number associated with the wireless terminal, an identification of the registered purchasing location, and an identification of a telephone number associated with the registered purchasing location;
• and
• comparing the telephone number of the telephone used to initiate the prospective remote credit card transaction with the telephone number associated with the registered purchasing location.