LOCATION-BASED LOCKING AND UNLOCKING OF PAYMENT ACCOUNTS

Number of patents in Portfolio can not be more than 2000

United States of America Patent

APP PUB NO 20170011401A1
SERIAL NO

14795317

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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System, method and media for selectively activating and deactivating payment vehicles based on the positions of an authorized user of the account, the payment vehicle, and/or the transactions. The security and budget-control abilities of a consumer are increased by allowing the user to specify geographic regions where payment vehicle will not, or should not, be used. In such circumstances, the payment vehicle can be temporarily deactivated, thereby causing any (presumably fraudulent or undesired) transactions that may be attempted to be rejected. Such rules can be combined for finer-grained controls. The smartphone or other personal telecommunications device of the user can be used to specify the rules, determine the user's position, and/or inform the user that a transaction has been rejected based on their rules and locations.

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Patent Owner(s)

Patent OwnerAddress
HRB INNOVATIONS INC2215-B RENAISSANCE DRIVE LAS VEGAS NV 89119

International Classification(s)

Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Martin, Daniel D Kansas City, US 13 196
Steinlicht, Greg Shawnee, US 2 40

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