Patent · US Active

Wireless payment method and systems

US8205794B2 · kind B2 · utility

20Cited by

141References

20Claims

0Family size

Assignee

Visa U.S.A. Inc. · US

Inventors

Joan Myers · Danville, US
Sara Garrison · Orinda, US
Mark Carlson · Rue de l'Église, US

Key dates

Filing date	Oct 31, 2008
Grant date	Jun 26, 2012
Priority date	—
Expiry date	Nov 26, 2030

Classification

Technology area (CPC G)Physics
CPC primaryG06Q40/02
WIPO fieldIT methods for management
WIPO sectorElectrical engineering

Abstract

A method for conducting a transaction is disclosed. The method includes using a first portable electronic device, and directly transmitting a request for payment to a second portable electronic device through a wireless link. Then, the second portable electronic device transmits an approval of the request for payment to the first portable electronic device. One of the first and the second portable electronic devices then sends the request for payment to a payment hub service. The payment hub service then facilitates the transfer of funds from a payer institution to a payee institution to complete the transaction.

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