Payment by use of identifier

US12211024B2 · kind B2 · utility

Assignee

• Block, Inc. · US

Inventors

• Brian Grassadonia · San Francisco, US
• Ajit Kalidindi Varma · San Francisco, US
• Mark Jen · San Francisco, US

Key dates

• Filing date: May 26, 2022
• Grant date: Jan 28, 2025
• Expiry date: Aug 5, 2042

Classification

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

Abstract

Described is a technology that enables a customer, who uses a payment card in a transaction and further provides an identifier in the same transaction, to use the identifier as a payment mechanism in future transactions. In some embodiments, the technology involves communication between a customer's user device, a payment service system (PSS), and one or more merchant point-of-sale (POS) systems. A merchant POS system collects information in a transaction between the merchant POS system and the customer, including the customer's contact information (e.g., telephone number), and forwards this information to the PSS. The PSS stores the information as an identifier, and the identifier is stored in association with the payment card. In a second transaction, the PSS sends a verification request to the user device based on the identifier (e.g., a text message), and processes the transaction upon confirmation from the customer.