System and method for location-based transactions
US12165126B2 · kind B2 · utility
Inventor
Key dates
| Filing date | Aug 18, 2023 |
| Grant date | Dec 10, 2024 |
| Priority date | — |
| Expiry date | Aug 18, 2043 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG01S19/42
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A system and method for using at least location information to facilitate a transaction is provided. In one embodiment of the present invention, a mobile application operating on a mobile device is used to determine a location of the mobile device. Location information is then provided to a host device, where it is used to identify a merchant. Information is also entered (or acquired) to identify a shopping cart that is used during a shopping session. As items are placed within the cart, information concerning the items is presented to the user via a display on the cart and/or the mobile device. The first party can then interact with the same to enhance their shopping experience (e.g., access coupons, search for items, etc.). Once the user is done, the host device will charge a payment method linked to the user's account for items that are in the shopping cart.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.