Systems And Methods For Providing An Internet Of Things Payment Platform (iotpp)

  • Published: Sep 29, 2016
  • Earliest Priority: Mar 25 2015
  • Family: 2
  • Cited Works: 0
  • Cited by: 0
  • Cites: 0
  • Additional Info: Full text

Systems and methods are provided for processing electronic payment from a portable device that is associated with a user to a payment network via a merchant device and a gateway. The gateway can be notified when the user is in a merchant's premises. For example, the gateway can receive a token associated with the user's portable device and then use this token to retrieve the user's profile. The gateway can also receive a payment request initiated by the user, and in response, authenticate the user based on the user's profile, process the payment request, and notify the merchant if the payment is approved. During the payment process, the user advantageously does not need to share his or her personal or financial information at the point of sale in the merchant's premises.

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Document History
  • Publication: Sep 29, 2016
  • Application: Mar 25, 2016
    US US 201615081576 A
  • Priority: Mar 25, 2016
    US US 201615081576 A
  • Priority: Mar 24, 2016
    US US 201662312922 P
  • Priority: Mar 25, 2015
    US US 201562138298 P

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