Patent · US Active

System and method for processing a beacon based purchase transaction

US9299071B1 · kind B1 · utility

4Cited by
0References
20Claims
0Family size

Assignee

Inventor

Key dates

Filing dateSep 26, 2014
Grant dateMar 29, 2016
Priority date
Expiry dateSep 26, 2034

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q20/42
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

In a purchase transaction between a merchant and a customer, a merchant device sends transaction information to a payment gateway and sends a beacon signal containing a transaction identifier to a customer mobile device. The customer mobile device sends the transaction identifier and payment information corresponding to a customer payment account to the payment gateway. The payment gateway applies the transaction identifier to access the transaction information received from the merchant device and sends purchase information based on the transaction information to the customer mobile device. The customer mobile device displays the purchase information to the customer, obtains an indication of customer assent to pay for the item and sends a confirmation of customer assent to the payment gateway. Upon receiving the confirmation of customer assent from the customer mobile device, the payment gateway processes the purchase transaction based on the payment account information.

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