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Method and system for making a payment through a mobile communication device

A mobile communication device and payment platform technology, applied in payment system, payment system structure, instrument, etc., can solve problems such as inability to purchase

Inactive Publication Date: 2008-09-24
阿捷·阿迪谢山
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

Buyers are therefore unable to purchase goods worth more than the total amount of their prepaid deposit

Method used

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  • Method and system for making a payment through a mobile communication device
  • Method and system for making a payment through a mobile communication device
  • Method and system for making a payment through a mobile communication device

Examples

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Embodiment Construction

[0030] Various embodiments of the present invention respectively provide a method and a system for realizing payment through a mobile communication device. The method includes a payer making a payment to a payee. The payer sends a text message with payment transaction details, such as a short message service (Shot Messaging Service, hereinafter referred to as SMS) to the payment platform (Paymate). The payment platform is a unique mobile payment platform and a payment ecosystem that is conceived, improved and realized, which facilitates payers to make payments to payees using mobile communication devices and allows mobile communication devices to serve as virtual borrowers. debit, credit card or bank account. The payment platform processes the transaction details and sends a debit request to the debit server to debit the payer's account for the transaction amount and credit the payee's account for the transaction amount.

[0031] FIG. 1 is a schematic diagram of payment thro...

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Abstract

A method for making a payment through a mobile communication device, the method comprising: a. receiving transaction details of the payment by a Paymate, the transaction details being received from a payee, the transaction details comprising at least one of a transaction identifier and a transaction amount; b. sending a text message to the Paymate, the text message being sent by a payer, the text message comprising at least one of the transaction identifier, the transaction amount and a Personal Identification Number (PIN) of the payer; c. verifying the text message on the Paymate, the text message being verified with the transaction details received by the Paymate; d. authenticating the payer on the Paymate, the authentication of the payer being based on at least one of an identification number of the mobile communication device, the PIN of the payer and the transaction amount, wherein the identification number of the mobile communication device is sent along with the text message; and e. sending a debit request to a debit server for debiting the transaction amount from an account of the payer, the account being located at the debit server, the debit server receiving the debit request from the Paymate.

Description

technical field [0001] The invention relates to a method of payment via a mobile communication device. Background technique [0002] With the rapid development of trade and commerce around the world, most financial institutions are becoming more and more computerized. Computerization helps the aforementioned financial institutions to automate their internal affairs, thereby replacing the existing need for manual work to execute transactions. Automated, computer-based transaction systems are replacing traditional practices such as manually clearing checks, storing cash, etc., which is a step towards cashless payment transactions. [0003] Existing technologies are advancing cashless payment systems towards the use of mobile communication devices for financial transactions. Making payments using mobile communication devices speeds up transactions and saves people the time it takes to run to the bank and complete paperwork. Furthermore, from the buyer's and seller's point of...

Claims

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Application Information

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Patent Type & Authority Applications(China)
IPC IPC(8): G06Q20/00
CPCG06Q20/3227G06Q20/3255G06Q20/40G06Q20/322G06Q20/32G06Q20/326
Inventor 阿捷·阿迪谢山
Owner 阿捷·阿迪谢山