Payment transaction by email

US9165291B1 · kind B1 · utility

Assignee

• INC SQUARE, CO., LTD · JP

Inventors

• Robert Andersen · Henderson, US
• Jochen Bekmann · San Francisco, US
• Brian Grassadonia · San Francisco, US
• Daniele Perito · San Francisco, US
• Peter Westen · Mountain View, US

Key dates

• Filing date: Apr 4, 2014
• Grant date: Oct 20, 2015
• Expiry date: Apr 4, 2034

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q40/00
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Disclosed is a technology for seamless initiation of a financial service, such as a payment transaction, by sending a communication message. The disclosed technology can be used, for example, to send payment from a person (e.g., a consumer) to another over e-mail without requiring any sign-up or login procedure. In at least one embodiment, the technology includes receiving a service request email generated by a native email application on a consumer's device, verifying the email using information included in the email, and initiating the service as requested based on the information. Various embodiments of the disclosed technology enable a simplified payment transaction system for ordinary consumers without the hassle of having to sign up, to remember a user account and a password, and to login for sending or receiving every payment transaction, while not sacrificing the essential security feature of authenticating the user for every payment transaction.