Mobile Payment Account Management via Short-Range Communication
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Solution Overview
Problem
Current point-of-sale transaction systems lack efficient and convenient methods for mobile device-based payments, particularly in scenarios where contactless transactions are desired but not fully integrated with various payment accounts and communication technologies.
Innovation Solution
A mobile device application that allows selection of transaction accounts, utilizing a short-range communications module (such as NFC, RFID, or BLUETOOTH) to communicate with a network processing system and point-of-sale systems, enabling secure and convenient transactions by sending notifications and customer identifiers for payment processing.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Ease of operation
If a mobile device is used for point-of-sale transactions, then convenience and ease of use are improved, but integration with various payment accounts and communication technologies increases device complexity
Solution Approach 1:
The patent combines multiple payment accounts (credit cards, debit cards, gift cards, etc.) and communication technologies (NFC, RFID, Bluetooth, barcode) into a single mobile device application. This merging allows users to access all payment methods through one interface, improving convenience while the system manages the underlying complexity automatically.
Solution Approach 2:
The mobile device application is designed to perform multiple functions: storing various types of payment accounts, supporting different communication protocols (NFC, RFID, Bluetooth, barcode), and handling different transaction scenarios (contactless, online, offline). This multi-functionality consolidates what would otherwise require multiple separate systems into a single universal platform.
2Speed
If contactless transactions are implemented, then transaction speed is improved, but reliability in areas without cell coverage deteriorates
Solution Approach 1:
The system performs preliminary actions by storing multiple payment accounts and communication methods in advance within the mobile device. When进行交易, the device can immediately switch to alternative communication methods (such as Bluetooth or barcode) if cell coverage is unavailable, ensuring transaction continuity without compromising speed or reliability.
Solution Approach 2:
The patent changes communication parameters dynamically based on environmental conditions. The application can switch between different communication protocols (NFC for very short range, Bluetooth for medium range, barcode for line-of-sight) depending on cell coverage availability and transaction context, maintaining both speed and reliability across varying conditions.
3Ease of operation
If multiple payment accounts are managed through a single application, then ease of operation is improved, but security requirements and system complexity increase
Solution Approach 1:
The mobile device application acts as an intermediary layer between the user and multiple payment accounts. It provides a unified interface for account selection and management while handling the complexity of communicating with different payment networks and authentication systems in the background, shielding users from underlying system complexity.
Solution Approach 2:
The application creates virtual representations of physical payment cards (credit cards, debit cards, gift cards) within the mobile device. These digital copies contain the necessary account information and can be transmitted through various communication methods, eliminating the need to carry multiple physical cards while simplifying user interaction.
Data Source
AI summary
Systems and methods for handling point-of-sale transactions using a mobile device are provided herein. In one embodiment, a method for providing payment via a mobile device in a transaction for a good or service can include receiving a selection on the mobile device of a transaction account from which to fund payment in a transaction for a good or service. The method can further include generating and sending a notification to a network processing system (NPS). The notification can identify the selected transaction account. The NPS can be configured to associate the selected transaction account with an NPS account for one or more future transactions. The method can further include sending a customer identifier to a point-of-sale (POS) system via a short-range communications medium to complete the transaction. In another embodiment, methods for handling payment in a mobile e-commerce network are provided.