Mobile payment processing system
OwnerMichael L. Salamoneinventor
Life of this patent
Estimating the term…
Abstract
The mobile payment processing system is an electronic ordering, payment, and inventory management system relating to parking stall purchases and other types of activities and transactions, such as event/ticket purchases. The system can be cell-phone or smart phone based and web based and may be operated from a central hosting system. Individual users and merchants would monitor their respective transactions and associated accounts. Operators of parking facilities and municipalities would be able to review their respective revenue utilizing protected access to a web-based site.
Claims20
A system comprising:
- a central host having an inventory database containing information about an inventory of parking spaces;
- said central host having an account database containing a plurality of user accounts;
- and
- accessing means for allowing a user to access said inventory database to locate an available parking space and pay for same using his/her user account.
A process comprising the steps of:
- opening a parking app on an accessing device;
- pushing a start parking button on said parking app;
- pushing a start parking now button when a parking location has been located;
- showing an amount that will be charged on a screen on said accessing device;
- and
- pushing a stop parking now button on said accessing device when the parking location is to be left.
Dependencies are inferred from the claim text.