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US 2019/0095886 A1Published application
Optical-scan triggered electronic funds transfer for purchase transaction
AssigneeMastercard International Incorporated
InventorsYen Tran, Shanthan Subramaniam
Life of this patent
Estimating the term…
Abstract
A transaction request is received. The transaction request includes a merchant identifier. The merchant identifier is for identifying a merchant. The merchant's banking details are appended to the transaction request. The transaction request, with the appended banking details, is transmitted to a user's bank. Confirmation is received that a transaction has been performed in accordance with the transaction request. A confirmation is transmitted to the merchant to indicate that the transaction has been performed.
Claims20
A method comprising:
- receiving a transaction request that includes a merchant identifier, said merchant identifier for identifying a merchant;
- appending the merchant's banking details to the received transaction request;
- transmitting the transaction request, including the merchant's banking details, to a user's bank;
- receiving confirmation that a transaction has been performed in accordance with the transaction request;
- and
- transmitting, to the merchant, a confirmation that the transaction has been performed.
3 more elements
A method comprising:
- receiving a transaction request from a user, the transaction request including a merchant identifier, said merchant identifier for identifying a merchant, the transaction request proposing a transaction;
- appending the merchant's banking details to the received transaction request;
- transmitting, to the user, a name that identifies the merchant;
- receiving an indication from the user to complete the transaction;
- in response to the indication, initiating a funds transfer in an EFT (electronic funds transfer) system;
- and
- transmitting, to the merchant, a confirmation that the transaction has been performed.
4 more elements
A method comprising:
- receiving merchant banking details, said merchant banking details pertaining to a bank account owned by a merchant;
- transmitting, to a user, a name that identifies the merchant;
- receiving an indication from the user to complete a transaction to benefit the merchant;
- initiating a funds transfer in an EFT (electronic funds transfer) system to effect said transaction;
- and
- transmitting, to a payment services provider, a confirmation that said transaction has been performed.
3 more elements
A method comprising:
- requesting a QR (quick response) code from a remote computer operated by a payment services provider;
- receiving the requested QR code from the remote computer;
- displaying the received QR code on a display device;
- and
- after the displaying step, receiving a confirmation that a transaction has been performed in accordance with data contained in the received QR code.
2 more elements
Dependencies are inferred from the claim text.