System and method for point of service payment acceptance via wireless communication

US9292870B2 · kind B2 · utility

Assignee

• QUALCOMM Incorporated · US

Inventors

• Garrett Langley · Atlanta, US
• Bradley A. Slutsky · Atlanta, US
• Ben D. Ackerman · Atlanta, US
• Joe T. Wei · Daxi District, TW

Key dates

• Filing date: Jun 3, 2011
• Grant date: Mar 22, 2016
• Expiry date: Jun 3, 2031

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q20/356
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A system and method for remitting payment from a consumer's credit or stored value account by digital presentations of account information are described. A merchant may create one or more merchant account at a point-of-sale service site (“POS service site”) and associate one or more merchant portable computing devices (“MPCDs”) with one or more of the merchant accounts. Each MPCD may be configured to receive customer data from a customer via one of a visual capture and a wireless communication, such as a near field communication (“NFC”) or a machine-readable optical code. The customer data may be received from an NFC-capable physical token such as an EMV card, or a virtual token presented by a customer portable computing device (“CPCD”) using a NFC or a machine-readable optical code. Each MPCD may contain a point-of-sale payment application supplied by the POS service site that may capture data representative of a consumer account from the received customer data.