Method and system for processing a mobile payment transaction

US10049352B2 · kind B2 · utility

Assignee

• Apriva, LLC · US

Inventors

• Michael S. Klingen · Scottsdale, US
• Edward F. Staiano · Rolling Meadows, US

Key dates

• Filing date: Feb 18, 2015
• Grant date: Aug 14, 2018
• Expiry date: Oct 19, 2036

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q20/385
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

In a transaction between a merchant and a customer, a mobile payment token is provided which includes a mobile payment indicator that indicates payment is to be facilitated by interaction with a customer mobile device, and a mobile device identifier that uniquely identifies the customer mobile device. The mobile payment token is provided in a transaction message to a transaction processing component in place of, and consistent with a format of, a primary account number (PAN). The transaction processing component, upon determining the transaction message contains a mobile payment indicator, sends the mobile device identifier to a mobile payment server which uses the mobile device identifier to interact with the customer mobile device to facilitate the payment transaction. Based on a reply from the customer mobile device, the mobile payment server provides information to the transaction processing component to complete the transaction.