Mobile payments
AssigneeBizmodeline Co., Ltd.
InventorsJae-Hyung KIM, Jon-Cheol HONG, Ho-Jong JUNG, Jong-Min YOON
Life of this patent
Estimating the term…
Abstract
A method and system for processing payment transaction at a computing device is provided. The method includes receiving a payment request at the computing device from a purchaser terminal, the payment request including purchaser information, determining whether payment information associated with the purchaser information exists at the computing device, and processing payment transaction using the payment information if it is determined that the payment information associated with the purchaser information exists at the computing device.
Claims20
A method to process a payment transaction at a computing device, the method comprising:
- associating a first identifier of a purchaser with a second identifier of a payer, the first identifier is different from the second identifier;
- receiving a payment request at the computing device directly via a network from the purchaser authorized to make a payment using a bank account or credit card issued to the payer by an issuer, the payment request comprising the first identifier of the purchaser;
- determining whether the second identifier of the payer associated with the first identifier of the purchaser exists in a database at the computing device, the second identifier further associated with payment information comprising information enabling access to the bank account or credit card issued to the payer by the issuer;
- after determining the second identifier of the payer associated with the first identifier of the purchaser exists in the database at the computing device, generating a message comprising notification of the payment request and a request for authorization for the payment using the bank account or credit card issued to the payer;
- transmitting the message to a mobile device of the payer using the second identifier of the payer;
- and
- processing, at the computing device, the payment transaction using the payment information after receiving authorization for the payment request from the mobile device of the payer.
A system, comprising:
- a receiver configured to receive a payment request directly via a network from a purchaser authorized to make a payment using a bank account or credit card issued to a payer by an issuer, the payment request comprising a first identifier of the purchaser;
- a database configured to receive and store payment information associated with the first identifier of the purchaser, the payment information comprising a second identifier of the payer and information for accessing the bank account or the credit card issued to the payer by the issuer;
- and
- a processor configured to:
- generate, after determining the second identifier associated with the first identifier exists at the database, a message comprising notification of the payment request and a request for authorization for the payment using the bank account or credit card issued to the payer;
- transmit the message with the request for authorization to a mobile phone associated with the payer using the second identifier;
- and
- process a payment transaction in response to the payment request after receiving authorization for the payment from the mobile phone of the payer.
Dependencies are inferred from the claim text.