System and method for mobile payments
AssigneeCria Inc.
InventorsWilliam O. White, Douglas J. Hurst
Life of this patent
Estimating the term…
Abstract
A system and method for distributing incentives via mobile devices is described. One embodiment, a computer-server-based method, receives a request from a merchant to generate an incentive which incentive is funded and initiated by the merchant, receives the incentive, associates the incentive with a recipient's phone number, and transmits a notification of the incentive to a mobile device associated with the recipient's phone number, the computer server acting as a server-side wallet for the incentive, the incentive being usable, through interaction with the computer server, by the recipient for the purchase of goods or services from the merchant associated with the incentive.
Claims20
A computer server-based method of conducting a transaction, comprising:
- authenticating a mobile user associated with a mobile device;
- providing a one-use authorization code to the mobile device in connection with the transaction and in response to the authentication;
- receiving the one-use authorization code from a merchant in connection with a requested amount;
- and
- returning an authorization to the merchant in response to a determination that the mobile user has available funds in the requested amount.
An apparatus for conducting a transaction, comprising:
- at least one processor;
- and,
- a memory containing a plurality of program instructions executable by the at least one processor, the plurality of program instructions being configured to cause the at least one processor to:
- authenticate a mobile user associated with a mobile device;
- provide a one-use authorization code to the mobile device in connection with the transaction and in response to the authentication;
- receive the one-use authorization code from a merchant in connection with a requested amount;
- and
- return an authorization to the merchant in response to a determination that the mobile user has available funds in the requested amount.
A computer program product, comprising:
- a non-transitory computer-readable medium comprising a plurality of program instructions configured to cause at least one processor to:
- authenticate a mobile user associated with a mobile device;
- provide a one-use authorization code to the mobile device in connection with a transaction and in response to the authentication;
- receive the one-use authorization code from a merchant in connection with a requested amount;
- and
- return an authorization to the merchant in response to a determination that the mobile user has available funds in the requested amount.
Dependencies are inferred from the claim text.