Localized Identifier Broadcasts for Streamlined Electronic Payment Processing
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Solution Overview
Problem
Users often face difficulties in using electronic payment processes during checkout due to the complexity and time-consuming setup process, leading to opting out of digital payment methods in favor of other payment types.
Innovation Solution
Implementing localized identifier broadcasts using short-range wireless communication (e.g., Bluetooth Low Energy, NFC) to alert users of available payment processes and facilitate online server data retrieval, allowing for streamlined electronic transaction processing between user and merchant devices.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Adaptability or versatility
If electronic payment processes are implemented with full functionality, then payment processing capability is improved, but setup process complexity and time consumption increase
Solution Approach 1:
The system performs preliminary actions by pre-configuring payment methods and credentials on the user's device before the actual transaction. The merchant device broadcasts available payment processes in advance, and the user's device proactively presents pre-prepared payment options, eliminating the need for real-time setup during checkout.
Solution Approach 2:
The system enables self-service by allowing the user's device to automatically detect available payment processes through identifier broadcasts and present relevant payment options without requiring manual configuration. The device autonomously handles payment setup based on pre-stored credentials and merchant capabilities.
2Reliability
If electronic payment processes require detailed setup procedures, then payment security and functionality are improved, but user convenience and checkout speed deteriorate
Solution Approach 1:
Security-sensitive setup actions are performed in advance by pre-storing payment credentials and configuring payment methods on the user's device. During checkout, the system only needs to retrieve and present pre-configured payment options, maintaining security while dramatically improving convenience.
Solution Approach 2:
The system introduces an intermediary layer where the user's device acts as a mediator between the merchant and the payment processing system. The device presents pre-validated payment options to the merchant, handling security credentials locally while simplifying the user interface at the point of sale.
3Reliability
If payment information is provided only during checkout, then data security is improved, but user awareness of payment options deteriorates
Solution Approach 1:
The system performs preliminary information dissemination by broadcasting available payment process identifiers to user devices before the checkout process begins. This allows users to become aware of payment options in advance while the actual sensitive payment data is securely processed only when needed during checkout.
Solution Approach 2:
The system implements feedback by having the merchant device broadcast payment capability information to nearby user devices, which then present relevant payment options to users. This feedback loop ensures users are informed of available payment methods while maintaining secure data handling throughout the process.
Data Source
AI summary
There are provided systems and methods for localized identifier broadcasts to alert users of available processes and retrieve online server data. A user may visit a merchant location and engage in a transaction to purchase items from a merchant at the merchant location. The merchant may wish to alert the user of various payment methods, include payments through a payment application of the user's device using a received identifier for retrieval of an online invoice with a service provider. The merchant may utilize a merchant device to broadcast a location awareness identifier to alert the user of availability of payment processes with the service provider. Additionally, once the online invoice is generated for a transaction, the merchant device may broad cast a payment terminal request identifier that allows the user to retrieve the online invoice using data associated with the identifier and a location for the merchant.