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An electronic-purse transaction method and system

An electronic wallet and transaction technology, applied in the field of electronic wallet transaction system, can solve the latest technology delay and other problems

Inactive Publication Date: 2008-01-02
MOBILE MONEY INT SDN BHD
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

Therefore, in such institutions, the introduction of the latest technology is often delayed

Method used

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  • An electronic-purse transaction method and system
  • An electronic-purse transaction method and system
  • An electronic-purse transaction method and system

Examples

Experimental program
Comparison scheme
Effect test

Embodiment Construction

[0020] FIG. 1 shows a schematic diagram of the basic structure of an electronic wallet system 100 according to an embodiment. Electronic wallet system 100 has two sides: banking subsystem 102 , which includes bank database 104 , and electronic wallet subsystem 202 , which includes electronic wallet database 204 .

[0021] The banking database 104 has a typical banking facility, including several user savings and current accounts, exemplified in FIG. 1 by user 1 current account 106, user 2 current account 108, and user N-1 current account 110. The banking subsystem 102 also includes several user credit accounts. In FIG. 1 , the user 1 credit account 112 , the user 2 credit account 114 , the user N-1 credit account 116 and the user N credit account 118 are used as examples. User credit accounts contain so-called electronic money, but are generally referred to herein as funds. User credit accounts may be associated with corresponding user current and / or savings accounts, but nee...

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Abstract

Users (302,403,406) of a bank (332,324) put funds into user credit account (112,114,116,118) from which the funds can be transferred to a consolidated e-pures ban account (120) within the bank (332,324). The consolidated e-pures bank account (120) i mirrored in a e-purse database (204), but wih fund allocated to different e-purese (212,214,216,218,226,228) the total of all funds in the different e-purse (212,214,216,218,226,228) beeing equal to the funds in the consolidated e-purse ban account. When a first user (302) wishes to make a purchase from a second user (304), h sends an SMS message (352) to a mobile telephone payment gateway (320) indicating th second user (304) and an amount. The indicated amount of funds is removed from the fir users's e-purese (212). When the purchase is confirmed, the funds are transferred into th second user's e-purse (214), less transaction charges. These funds are immediately availabl to the second user (304).

Description

technical field [0001] The present invention relates to an electronic purse (e-purse) transaction system and method thereof, eg for making payments, in particular using a mobile phone. Background technique [0002] A new mode of payment that has recently emerged is electronic payment, or e-payment, eg via the Internet or a mobile phone. Electronic payments are fast and do not rely on tools such as magnetic cards, card readers and checkbooks. In general, the development of electronic transactions (e-transactions) via telephone is moving towards the use of SMS to activate transactions. However, the infrastructure and expertise required for telephone-based electronic transactions is beyond the traditional setup and capabilities of banks. In addition, banks generally cannot easily upgrade themselves to state-of-the-art telecommunications and customer relationship management (CRM) technologies. Therefore, it is often seen that banks employ external telecommunications companies...

Claims

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Application Information

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Patent Type & Authority Applications(China)
IPC IPC(8): G07F19/00G07F7/08G06Q20/00
CPCG06Q20/363G06Q20/40G07F7/0866G06Q20/10G06Q20/32
Inventor 李恩飒杭赫·彼得·欧罗金飞
Owner MOBILE MONEY INT SDN BHD
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