System and method for mobile transaction payments
AssigneeCarta Worldwide Inc.
InventorRui Mendes
Life of this patent
Estimating the term…
Abstract
A method and system are disclosed for mobile transaction payments. A merchant device generates a machine-readable code containing merchant information and details of a transaction and displays this to a user device. The user device scans the code, or receives a message via NFC from the merchant device, to retrieve the transaction details and the merchant information. The user device then communicates this information, along with secure account information containing a virtual credit card or other payment type, to a merchant acquiring host, which processes the payment in association with an issuer host. Upon receipt of authorization from the issuer host, the merchant acquiring host informs both the merchant and the use of the status of the transaction.
Claims26
A method for mobile transaction payments, comprising:
- receiving, by a user device, merchant information and transaction details corresponding to a transaction between an associated merchant and an associated user;
- generating a merchant acquiring message inclusive of the transaction details, the merchant information, and account holder secure information corresponding to the associated user;
- communicating the merchant acquiring message to a merchant acquiring host via an associated computer network;
- receiving a response from the merchant acquiring host corresponding to at least one of an authorization or denial of the transaction;
- and
- displaying, via an associated display, a status of the transaction in accordance with the received authorization or denial of the transaction,
- wherein at least one of the receiving, generating, communicating, receiving, and displaying is performed with a computer processor of the user device.
A mobile transaction payment system, comprising:
- a merchant acquiring host, including:
- an authorization request component configured to generate an authorization request to an associated issuer host for a transaction between an associated merchant device and an associated user device;
- memory which stores instructions for:
- receiving a merchant acquiring message from the associated user device, the merchant acquiring message including transaction details, merchant information and account holder secure information,
- identifying the associated issuer host in accordance with the account holder secure information of the merchant acquiring message,
- generating the authorization request to the identified issuer host corresponding to the transaction details, merchant information, and account holder secure information, and
- communicating authorization or denial of the transaction associated with the transaction details to the associated merchant device and the associated user device;
- and
- a processor in communication with the memory which executes the instructions.
A computer-implemented mobile payment transaction method, comprising:
- collecting, by a merchant device having a processor and memory storing merchant information corresponding to an associated merchant, at least one transaction detail corresponding to a transaction between the associated merchant and an associated user;
- generating a machine-readable code corresponding to the at least one collected transaction detail and the merchant information;
- displaying the generated machine-readable code via an associated display;
- receiving at least one of an authorization or a denial of the transaction from an associated merchant acquiring host;
- and
- displaying the status of the transaction.
The computer-implemented method of claim 25, further comprising:
- generating a transaction message including the transaction details and merchant information;
- and
- communicating the generated transaction message to the associated user device via a short-range communication link.
Dependencies are inferred from the claim text.