Electronic payment systems and methods

US10083436B1 · kind B1 · utility

Assignee

• ASIGNIO INC. · US

Inventors

• Kyle Rutherford · Sedro-Woolley, US
• Eric Dustrude · Bellingham, US
• Alexander Gross · Sedro-Woolley, US
• Calvin Rutherford · Sedro-Woolley, US
• Kevin Boyd · Issaquah, US

Key dates

• Filing date: Sep 30, 2014
• Grant date: Sep 25, 2018
• Expiry date: Jan 30, 2036

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q20/42
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A system for processing payments from a customer to a merchant uses a merchant POS system associated with the merchant, a customer mobile device, and a payment server. The payment server generates a Transaction ID unique to a payment transaction. The customer mobile device validates the payment transaction in response to the Transaction ID. The payment server generates a payment notice when the customer mobile device validates the payment transaction. In one case, the merchant POS system presents the Transaction ID to the customer mobile device in preparation for the payment transaction.