Method and system for authorizing transactions based on relative location of devices
a technology of relative location and authorization method, applied in the field of network communication, can solve the problems of insufficient security of username/password requirements and various encryption techniques, and achieve the effect of reducing the number of transactions
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[0013]Certain embodiments of the invention may be found in a method and system authorizing transactions based on relative location of devices. In various embodiments of the invention, data relating to a location of a first communication device and data relating to a location of a second communication device may be received, a distance between the first communication device and the second communication device may be determined based on the received data, and whether to approve a transaction may be determined based on the determined distance. The transaction may have been initiated from one of the first communication device and the second communication device, and may comprise a need to access an account. The transaction may be approved in instances that the first communication device and the second communication device are within a predetermined distance of each other. The received data may comprise global navigation satellite system (GNSS) coordinates. The received data may comprise...
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