Mobile Payment System and Method Using Alias

A method comprising:

• receiving, at a server computer associated with a payment processing network, a payment request message from a mobile phone operated by a payer, wherein the payment request message includes a request to pay a payee a predetermined amount of money, and wherein the payment request message comprises a personal alias associated with the payee, and a transaction amount;
• analyzing, by the server computer, the payment request message to determine if the payer is authorized to pay the payee, including:
• analyzing the payment request message to determine payee information associated with the alias;
• reforming the payment request message to remove the personal alias associated with the payee and to include payee information associated with the alias;
• and
• sending the reformed payment request message to a payer institution for approval;
• and
• sending, by the server computer a payment notification message to the payee indicating that a payment from the payer to the payee has been made.

A server computer comprising:

• a processor;
• and
• a computer readable medium coupled to the processor,
• the processor configured to execute code that is stored on the computer readable medium to perform a method comprising:
• receiving a payment request message from a mobile phone operated by a payer, wherein the payment request message includes a request to pay a payee a predetermined amount of money, and wherein the payment request message comprises a personal alias associated with the payee, and a transaction amount;
• analyzing the payment request message to determine if the payer is authorized to pay the payee;
• and
• sending a payment notification message to the payee indicating that a payment from the payer to the payee has been made.

A method comprising:

• receiving, at a server computer, a payment request message from a payer, the payment request message comprising an amount of money to be paid to a payee and an alias associated with the payee, where the payment request message is sent by the payer via a mobile phone operated by the payer;
• sending, by the server computer, an authentication request message to the mobile phone in response to the payment request message, where the authentication request message is sent to the mobile phone;
• receiving, at the server computer, an authentication token from the payer in response to sending the authentication request message, where the authentication token is sent by the payer using the mobile phone;
• verifying, using the server computer, that the authentication token is associated with the payer;
• and
• if the authentication token is verified as being associated with the payer, then initiating, by the server computer, a payment for the amount of money to the payee using the alias.

A method comprising:

• receiving, at a server computer, a registration request from a payee to create an alias uniquely associated with that payee, where the request specifies the alias requested, and wherein the payee operates a mobile phone and can receive or make payments using the alias and mobile phone;
• comparing, by the server computer, the alias with other previously registered aliases associated with other payees;
• and
• if the requested alias has not already been associated with another payee, registering, by the server computer, the alias with the payee.

A server computer comprising:

• a processor;
• and
• a computer readable medium coupled to the processor,
• the processor configured to execute code that is stored on the computer readable medium to perform a method comprising:
• receiving a registration request from a payee to create an alias uniquely associated with that payee, where the request specifies the alias requested, and wherein the payee operates a mobile phone and can receive or make payments using the alias and mobile phone;
• comparing the alias with other previously registered aliases associated with other payees;
• and
• if the requested alias has not already been associated with another payee, registering the alias with the payee.

A method comprising:

• generating a payment request message using a mobile phone, where the payment request message comprises an amount of money to be paid and an alias, where the alias is associated with a payee;
• sending, using the mobile phone, the payment request message to a payment processing network;
• receiving in response to the payment request message an authentication request message, where the authentication request message is received via the mobile phone;
• and
• sending, by the mobile phone, an authentication token in response to the authentication request message.

A phone comprising:

• a processor;
• and
• a computer readable medium coupled to the processor,
• the processor configured to execute code that is stored on the computer readable medium to perform a method comprising:
• generating a payment request message using a mobile phone, where the payment request message comprises an amount of money to be paid and an alias, where the alias is associated with a payee;
• sending the payment request message to a payment processing network;
• receiving in response to the payment request message an authentication request message, where the authentication request message is received via the mobile phone;
• and
• sending an authentication token in response to the authentication request message.