Anonymous Payment System with Threshold-Based Registration
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Solution Overview
Problem
Current shopping systems face high barriers due to complex and costly payment processes, especially for small transactions, deterring users from making purchases, and making it difficult for small businesses to establish online marketplaces, as users are reluctant to register for authentication and data disclosure for minimal purchases.
Innovation Solution
A payment system that allows users to make anonymous purchases via direct debit orders, storing identification information only when a predetermined amount is reached, enabling secure and efficient processing of small payments by aggregating transactions and reducing incidental costs, with a system that embeds an object in online shops to handle payment processes without requiring immediate user registration.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If users are required to register and provide personal information for payment authentication, then payment security is improved, but the complexity and effort of the payment process increases, deterring users from making small transactions
Solution Approach 1:
The patent segments the payment process into two distinct phases: (1) anonymous shopping phase where users can browse and add items to cart without registration, and (2) settlement phase where registration is required only when the cart total reaches a predetermined threshold. This segmentation allows users to enjoy simple anonymous browsing for small transactions while ensuring payment security is maintained for larger purchases.
Solution Approach 2:
The system dynamically changes the parameter of user identification requirements based on the total transaction amount. When the cart total is below the threshold, the system operates in anonymous mode with minimal identification. When the threshold is exceeded, the system transitions to registered mode requiring full user identification and payment authentication, thus adapting security requirements to the actual risk level.
2Reliability
If users are required to register for payment processing, then payment security is improved, but the time and effort required for registration increases, reducing transaction speed
Solution Approach 1:
The system performs preliminary assessment of whether registration is necessary before initiating the full registration process. By checking the cart total against the threshold in advance, the system determines upfront whether user registration is required, avoiding unnecessary registration steps for small transactions and ensuring timely registration only when needed for larger purchases.
3Productivity
If central payment systems are established to process payments, then payment processing efficiency is improved, but registration complexity and costs increase, creating barriers for small businesses
Solution Approach 1:
The patent extracts the registration requirement from the initial shopping process and separates it into a conditional settlement phase. Users can shop anonymously without being tied to any payment system registration, and only when the cart total reaches the threshold does the system extract and require user identification information for settlement. This extraction eliminates the need for upfront registration complexity while maintaining efficient payment processing through central payment systems when needed.
Data Source
AI summary
Methods for payment and/or merchant system which facilitates the payment of very small monetary amounts, making the payment more secure for the user. The method for a payment system for at least one online shop relies on an identifier of a user device for recording at least one identification number of the user device, for receiving and confirming direct debit orders, and for storing the direct debit orders. Such method monitors the total of the debit amounts in relation to the identification number and to request a user of the user device to register after a predetermined time interval and/or on exceeding a predetermined value of the total payable, in order to settle at least part of the total payable.