Method and system for effecting a payment transaction
US11010735B2 · kind B2 · utility
Assignee
Inventor
Key dates
| Filing date | Nov 8, 2016 |
| Grant date | May 18, 2021 |
| Priority date | — |
| Expiry date | Mar 31, 2039 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q2220/00
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
Provided are a method and system for effecting a payment transaction. The method capturing a digital image of a price identifier and a merchant identifier at a client device. Generating payment request data by a payer application at the client device comprising data corresponding to the price and merchant identifiers contained in the digital image. Forwarding the payment request data from the payer application to a payment server. Initiating by the payment server a payment transaction from a payer account to a recipient account in response to receipt of the payment request data. Forwarding notification data to the payer application indicating the status of the payment transaction from the payment server.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.