Patent · US Active

Electronic wallet ready to pay timer

US7967196B1 · kind B1 · utility

97Cited by
3References
13Claims
0Family size

Assignee

Inventors

Key dates

Filing dateMar 28, 2008
Grant dateJun 28, 2011
Priority date
Expiry dateMar 30, 2029

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q20/363
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A mobile device having a time controlled electronic wallet is disclosed. The mobile device comprises a processor and an electronic wallet application that executes on the processor. The electronic wallet application enters a ready-to-pay mode, initiates a ready-to-pay timer when entering the ready-to-pay mode, transmits the confidential information when in the ready-to-pay mode based on receiving contactless communication, and leaves the ready-to-pay mode when the ready-to-pay timer expires.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.