Automatic location-based transaction service trigger
US12020181B2 · kind B2 · utility
0Cited by
24References
18Claims
0Family size
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Key dates
| Filing date | May 11, 2021 |
| Grant date | Jun 25, 2024 |
| Priority date | — |
| Expiry date | Jun 1, 2041 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q20/349
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A computer system can implement a network transaction service by monitoring location data from a computing device of a user to confirm that the user is located at a merchant location, receiving transaction data from a point-of-sale terminal of the merchant location, and confirming that the user has left the merchant location based on the location data. The computer system may then automatically execute a transfer operation to fund the transaction using a shared funding account of the network transaction service such that no direct payment interaction is made between the user and the merchant.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.