Method and System for Authorizing a Payment Transaction
AssigneeVisa International Service Association
InventorCornelius Johannes Badenhorst
Life of this patent
Estimating the term…
Abstract
A method of authorizing a payment transaction is provided. The method is carried out at a server that receives a payment request for an order of goods that is placed by a consumer with a merchant. The payment request is associated with payment credentials of the consumer and with delivery information for the delivery of the ordered goods. The server furthermore receives current location information of the ordered goods and determines whether the received current location information matches the received delivery information. If the received current location information matches the received delivery information within acceptable parameters, the payment request is authorized.
Claims21
A method of authorizing a payment transaction, the method being carried out at a server and comprising:
- receiving a payment request for an order of goods placed by a consumer with a merchant, the payment request associated with payment credentials of the consumer and delivery information for the delivery of the ordered goods;
- receiving current location information of the ordered goods;
- determining whether the received current location information matches the received delivery information;
- and
- if the received current location information matches the received delivery information within acceptable parameters, authorizing the payment request.
A system for authorizing a payment transaction comprising a server including:
- a payment request receiving module for receiving a payment request for an order of goods placed by a consumer with a merchant, the payment request associated with payment credentials of the consumer and delivery information for the delivery of the ordered goods;
- a current location information receiving module for receiving current location information of the ordered goods;
- a location match determining module for determining whether the received current location information matches the received delivery information;
- and
- a payment authorization module for authorizing the payment request if the received current location information matches the received delivery information within acceptable parameters.
21-26. (canceled)
Dependencies are inferred from the claim text.