Email-Based Payment Controls for Secure Multi-Channel Transactions
Find Innovative SolutionsGenerate Solutions
Solution Overview
Problem
Existing electronic payment methods, particularly SMS payments, are insecure, costly, and lack receipts, making them unsuitable for seamless and secure transactions, especially on mobile devices, and require multiple vendor-specific payment setups for bills and donations.
Innovation Solution
A system and method that integrates SMS, social media, and email-based payments with interactive shopping carts and point of cashier controls, using token authentication and calendar reminders for secure and receipt-generating transactions.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Ease of operation
If SMS payment methods are used, then payments can be made quickly and easily, but security is compromised and carrier fees are high
Solution Approach 1:
The patent introduces an email-based intermediary system between the customer and the payment processing. Instead of using direct SMS payments through carriers, the system uses email as a secure medium to transmit payment information and receive confirmations, thereby maintaining ease of operation while improving security and reducing carrier dependency
Solution Approach 2:
The patent replaces the SMS-based mechanical payment system with an email-based system. This substitution eliminates the need for carrier processing and high fees while maintaining the simplicity of text-based communication, thereby resolving the contradiction between ease of operation and security
2Adaptability or versatility
If multiple vendor-specific payment methods are used, then payments can be made to different vendors, but system complexity increases
Solution Approach 1:
The patent creates a universal email-based payment system that can handle multiple vendors and payment scenarios through a single interface. The system uses a standardized email format that works across different vendors, eliminating the need for multiple vendor-specific payment methods and reducing overall system complexity
Solution Approach 2:
The patent segments the payment information into standardized email fields and uses template-based processing for different payment scenarios. This segmentation allows the system to handle diverse payment requirements through a unified, simplified process rather than requiring complex vendor-specific implementations
Data Source
AI summary
A system and method for providing an email as a command is disclosed. The system and method include formatting an action in an e-commerce system based on an assigned address, wherein communication with the assigned address initiates the action, and authenticating a message addressed to the assigned address, wherein for a positively authenticated message the action is performed. The system and method may also include receiving the message sent to the assigned address. For negatively authenticated messages, the system and method include providing a sender of the message a sign-up to enable positive authentication. The system and method may include requesting details of the action based on the message. The system and method may include sending an invoice for the action to the address that sent the authenticated message and processing a payment based on a response to the sent invoice.