Method and system for wireless and credit card transactions
US7637425B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Apr 20, 2007 |
| Grant date | Dec 29, 2009 |
| Priority date | — |
| Expiry date | Jan 15, 2028 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG07F7/1008
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method (10) and system (50 or 200) of using a credit card media type (54) integrated with a wireless communication device (52) can include determining (12) that the wireless communication device is inoperable for use in a commercial transaction and enabling (14) the use and authorization of the credit card media type with a predetermined restriction profile that is more restrictive than when the credit card media type is used with the wireless communication device when operable. The method can lower (16) the payment authorization amount or limit a type of item that is purchased to a predefined type based on a remote network being unable to communicate with the wireless communication device. The method can also remove (18) the credit card media type from the communication device and enable the use and authorization of the credit card media type with the predetermined restriction profile.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.