One step near field communication transactions

a technology of communication and communication transaction, applied in the field of financial transactions, can solve the problems of limited method, long setup time, and inability to meet the needs of users, and achieve the effect of reducing the number of steps and reducing the difficulty of establishing

Inactive Publication Date: 2009-07-30
PAYPAL INC
View PDF29 Cites 139 Cited by
  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

However, when attempting to connect two devices with Bluetooth, the setup is often lengthy and is very often not user-friendly.
However, this method is limited in that the transfer is with a retailer at a POS terminal or reader.

Method used

the structure of the environmentally friendly knitted fabric provided by the present invention; figure 2 Flow chart of the yarn wrapping machine for environmentally friendly knitted fabrics and storage devices; image 3 Is the parameter map of the yarn covering machine
View more

Image

Smart Image Click on the blue labels to locate them in the text.
Viewing Examples
Smart Image
  • One step near field communication transactions
  • One step near field communication transactions
  • One step near field communication transactions

Examples

Experimental program
Comparison scheme
Effect test

Embodiment Construction

[0028]Exemplary embodiments will now be described with references to the accompanying figures, wherein like reference numbers are used to refer to like elements throughout. The terminology used in the description presented herein is not intended to be interpreted in any limiting or restrictive manner simply because it is being utilized in conjunction with a detailed description of certain embodiments. Furthermore, various embodiments (whether or not specifically described herein) may include novel features, no single one of which is solely responsible for their novelty or desirability.

[0029]As indicated above, NFC is a short-range wireless connectivity technology that evolved from a combination of existing contactless identification and interconnection technologies. Operating at 13.56 MHz via magnetic field induction (i.e., two loop antennas are located within each other's near field) and transferring data at up to 424 Kbits / second, NFC provides simple communication between electron...

the structure of the environmentally friendly knitted fabric provided by the present invention; figure 2 Flow chart of the yarn wrapping machine for environmentally friendly knitted fabrics and storage devices; image 3 Is the parameter map of the yarn covering machine
Login to view more

PUM

No PUM Login to view more

Abstract

A one step method for transferring money from a sender to a recipient includes entering information relating to the transfer into a near field communication (NFC) enabled data communication device of the sender and then placing the sender's device in close proximity to a NFC enabled data communication device of the recipient. The sender's device is operable when placed in contact with or close proximity to the recipient's device to 1) establish an NFC link between the two devices, 2) gather information relating to the recipient from the recipient's device via the NFC link, and 3) transmit the information relating to the transfer and the recipient to a third party service provider via another network, such as the Internet, and thereby cause the service provider to transfer the money from a funding account of the sender to a receiving account of the recipient.

Description

RELATED APPLICATIONS[0001]This application claims benefit of U.S. Provisional Applications Nos. 61 / 024,758, filed Jan. 30, 2008, and 61 / 034,890, filed Mar. 7, 2008, the entire respective disclosures of which are incorporated herein by reference.BACKGROUND[0002]1. Field of the Invention[0003]The present disclosure relates generally to financial transactions and more particularly to peer-to-peer payment between mobile devices using near field communication (NFC) in a network environment.[0004]2. Related Art[0005]Arguably, mobile phones are currently the most widespread mobile computing device in the world. They have become ubiquitous companions in our life, enabling communication nearly anytime and anywhere to facilitate information access to mobile services and the Internet. In addition, mobile phones have become multimedia computing platforms with integral digital cameras for taking pictures and video, playing music, recording conversations, and for organizing our lives.[0006]Using ...

Claims

the structure of the environmentally friendly knitted fabric provided by the present invention; figure 2 Flow chart of the yarn wrapping machine for environmentally friendly knitted fabrics and storage devices; image 3 Is the parameter map of the yarn covering machine
Login to view more

Application Information

Patent Timeline
no application Login to view more
Patent Type & Authority Applications(United States)
IPC IPC(8): G06Q40/00H04L9/32
CPCG06Q20/10G06Q20/102G06Q20/105G06Q20/108G06Q20/3821H04W12/06G06Q30/06G06Q30/0601H04B5/00H04L67/04H04L63/06G06Q20/40G06Q40/00G07F17/32H04W4/50H04W4/80G06Q20/223G06Q20/322G06Q20/3278G06Q20/3829G06Q20/4012G06Q20/425
Inventor GRIFFIN, KENTSTONE, CARL B.
Owner PAYPAL INC
Who we serve
  • R&D Engineer
  • R&D Manager
  • IP Professional
Why Eureka
  • Industry Leading Data Capabilities
  • Powerful AI technology
  • Patent DNA Extraction
Social media
Try Eureka
PatSnap group products

Browse by: Latest US Patents, China's latest patents, Technical Efficacy Thesaurus, Application Domain, Technology Topic.

© 2024 PatSnap. All rights reserved.Legal|Privacy policy|Modern Slavery Act Transparency Statement|Sitemap