Payment processing apparatus

US10346828B2 · kind B2 · utility

Assignee

• PAYPAL, INC. · US

Inventors

• James J. Barrese · San Jose, US
• Manish Maheshwari · Los Altos, US
• Rohan Sehgal · San Jose, US
• Amit Paka · Mountain View, US
• Sunil Nair · River Vale, US
• Suket Somani · San Jose, US
• Barath Rangaswamy · San Jose, US
• Vidhi Himanshu Shah · Fremont, US
• Weijie Li · Tangxia, CN

Key dates

• Filing date: Nov 6, 2015
• Grant date: Jul 9, 2019
• Expiry date: Aug 7, 2037

Classification

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

Abstract

A payment processing apparatus and a system or a method are provided that have a location-agnostic payment code, where the user does not have to check in to the merchant's location. Further, the reliance on the network connection is reduced by caching or storing payment codes at the user's mobile device. The payment codes may have expiration and may be used once. The payment codes may be revoked or canceled if the user's mobile device is compromised or stolen. In an embodiment, the payment codes may be generated and provided to the user's mobile device when the payment application at the user's mobile device is refreshed. For example, the payment application is refreshed based on user's payment history or payment habits. In another embodiment, the payment codes may be generated and provided to the user's mobile device when the user is within a predetermined distance from a merchant.