MOBILE PAYMENT METHOD AND SYSTEM USING THE SAME

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United States of America Patent

APP PUB NO 20100169182A1
SERIAL NO

12346806

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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A system and method for authenticating a payment transaction. The system includes a transaction association source for providing an association code corresponding to a payment transaction, a transaction terminal in communication with the transaction association source for initiating the payment transaction by requesting and receiving the association code from the transaction association source, and a mobile terminal in communication with the transaction association source for transmitting the association code to the transaction association source. The mobile terminal is configured to receive data of the payment transaction from the transaction association source. The mobile terminal is configured to transmit a response message to the transaction association source to confirm or cancel the payment transaction, and the transaction association source is configured to transmit an approve or cancel message to the transaction terminal in response to receiving the response message.

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Patent Owner(s)

Patent OwnerAddress
INADAM CORPORATION3753 HOWARD HUGHES PARKWAY SUITE 200 LAS VEGAS NV 89109

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
MADANI, MASIH VAN NUYS, US 8 184

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