Account access at point of sale
OwnerSyed Fayez Asar, Peter Chu +4inventors
InventorsSyed Fayez Asar, Peter Chu, Attaullah Baig, West Stringfellow, Pravir Ramtekkar, Ansar Ansari
Life of this patent
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Abstract
A user makes a payment at a POS by entering the user's phone number (either through a keypad or via a card swipe) and PIN into a POS device (such as through a keypad). That information is communicated to a payment provider, who can then access the user's account, determine whether to approve or deny the payment, and notify the merchant of the decision.
Claims22
A system comprising:
- a hardware memory storing user account information, wherein the information comprises an account identifier and a PIN for a user;
- and
- one or more processors for
- receiving a user identifier from the user at the POS;
- receiving a PIN or password entered by the user at the POS;
- receiving information about a merchant at the POS;
- accessing an account of the user with the payment provider;
- communicating, to the merchant, any value items for the financial transaction;
- receiving information about the transaction, including a total amount;
- and
- notifying the merchant whether to approve the total amount for the transaction.
A method of processing a financial transaction at a point of sale (POS), comprising:
- receiving, electronically by a hardware processor of a payment provider, a user identifier from the user at the POS;
- receiving, by the processor, a PIN or password entered by the user at the POS;
- receiving information about a merchant at the POS;
- accessing an account of the user with the payment provider;
- communicating, electronically to the merchant, any value items for the financial transaction;
- receiving information about the transaction, including a total amount;
- and
- notifying the merchant whether to approve the total amount for the transaction.
A non-transitory machine-readable medium comprising a plurality of machine-readable instructions which when executed by one or more processors of a server are adapted to cause the server to perform a method comprising:
- receiving, by payment provider, a user identifier from the user at the POS;
- receiving a PIN or password entered by the user at the POS;
- receiving information about a merchant at the POS;
- accessing an account of the user with the payment provider;
- communicating, to the merchant, any value items for the financial transaction;
- receiving information about the transaction, including a total amount;
- and
- notifying the merchant whether to approve the total amount for the transaction.
Dependencies are inferred from the claim text.