Delivery of value identifiers using short message service (SMS)
US7537152B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Jul 17, 2007 |
| Grant date | May 26, 2009 |
| Priority date | — |
| Expiry date | Jul 17, 2027 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q20/3255
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
The present invention discloses systems and methods for managing the transfer of value to a third party using short messaging Services (SMS) communications. Methods for using SMS to transfer value to a third party comprises providing the payment card to a user; activating the payment card; initiating a transaction associated with the payment card; receiving via SMS communications an identifier associated with the payment card; associating value with the payment card; determining an amount of value associated with the payment card; providing an indication of the amount of value associated with the bill payment card to the payment card user via SMS communications; associating at least one third party with the payment card; selecting a third party to be associated with the transaction; receiving from the user an amount of value to transfer to the third party; transferring to the third party the amount of value; and terminating the transaction.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.