Mobile payments

Abstract

A method and system for processing payment transaction at a computing device is provided. The method includes receiving a payment request at the computing device from a purchaser terminal, the payment request including purchaser information, determining whether payment information associated with the purchaser information exists at the computing device, and processing payment transaction using the payment information if it is determined that the payment information associated with the purchaser information exists at the computing device.

1 . A method to process a payment transaction at a computing device, the method comprising:
 associating a first identifier of a purchaser with a second identifier of a payer, the first identifier is different from the second identifier;   receiving a payment request at the computing device directly via a network from the purchaser authorized to make a payment using a bank account or credit card issued to the payer by an issuer, the payment request comprising the first identifier of the purchaser;   determining whether the second identifier of the payer associated with the first identifier of the purchaser exists in a database at the computing device, the second identifier further associated with payment information comprising information enabling access to the bank account or credit card issued to the payer by the issuer;   after determining the second identifier of the payer associated with the first identifier of the purchaser exists in the database at the computing device, generating a message comprising notification of the payment request and a request for authorization for the payment using the bank account or credit card issued to the payer;   transmitting the message to a mobile device of the payer using the second identifier of the payer; and   processing, at the computing device, the payment transaction using the payment information after receiving authorization for the payment request from the mobile device of the payer.   
     
     
         2 . The method of  claim 1 , wherein processing the payment transaction further comprises denying the payment request if it is determined that the second identifier of a payer does not exist at the computing device. 
     
     
         3 . The method of  claim 1 , wherein processing the payment transaction further comprises:
 determining whether the payment request satisfies at least one payment condition related to an amount of money per payment request or time period; and   executing the payment transaction using the payment information when the payment request satisfies the at least one payment condition.   
     
     
         4 . The method of  claim 3 , wherein processing the payment transaction further comprises denying the payment request when the payment request does not satisfy the at least one payment condition. 
     
     
         5 . The method of  claim 3 , wherein the at least one payment condition comprises at least one of a single payable amount, monthly payable amount, and payment time period. 
     
     
         6 . The method of  claim 1 , wherein transmitting the message to a mobile phone of the payer further comprises identifying information for the purchaser and an amount of money requested in the payment request. 
     
     
         7 . The method of  claim 1 , wherein the message is a SMS message or an email message. 
     
     
         8 . The method of  claim 1 , wherein the first identifier is a mobile phone number, an International Mobile Equipment Identity (IMEI) number, an unique email identifier, or an Integrated Circuit Card Identification (ICCID). 
     
     
         9 . The method of  claim 1 , wherein the second identifier is a mobile phone number, an International Mobile Equipment Identity (IMEI) number, an unique email identifier, or an Integrated Circuit Card Identification (ICCID). 
     
     
         10 . The method of  claim 1 , wherein the authorization is a SMS message or an email message with a pre-determined character string that indicates approval of the payment request. 
     
     
         11 . A system, comprising:
 a receiver configured to receive a payment request directly via a network from a purchaser authorized to make a payment using a bank account or credit card issued to a payer by an issuer, the payment request comprising a first identifier of the purchaser;   a database configured to receive and store payment information associated with the first identifier of the purchaser, the payment information comprising a second identifier of the payer and information for accessing the bank account or the credit card issued to the payer by the issuer; and   a processor configured to:
 generate, after determining the second identifier associated with the first identifier exists at the database, a message comprising notification of the payment request and a request for authorization for the payment using the bank account or credit card issued to the payer; 
 transmit the message with the request for authorization to a mobile phone associated with the payer using the second identifier; and 
 process a payment transaction in response to the payment request after receiving authorization for the payment from the mobile phone of the payer. 
   
     
     
         12 . The system of  claim 11 , wherein the processor is further configured to deny the payment request if it is determined that the second identifier associated with the first identifier does not exist at the database. 
     
     
         13 . The system of  claim 11 , wherein the processor is further configured to:
 determine whether the payment request satisfies at least one payment condition related to an amount of money per payment request or time period; and   execute the payment transaction using the payment information when the payment request satisfies the payment condition.   
     
     
         14 . The system of  claim 13 , wherein the processor is configured to deny the payment request when the payment request does not satisfy the at least one payment condition. 
     
     
         15 . The system of  claim 13 , wherein the at least one payment condition comprises at least one of a single payable amount, monthly payable amount, and payment time period. 
     
     
         16 . The system of  claim 11 , wherein the message is a SMS message or an email message. 
     
     
         17 . The system of  claim 11 , wherein the message further comprises identifying information of the purchaser and an amount of money requested in the payment request. 
     
     
         18 . The system of  claim 11 , wherein the first identifier is a mobile phone number, an International Mobile Equipment Identity (MEI) number, an unique email identifier, or an Integrated Circuit Card Identification (ICCID). 
     
     
         19 . The system of  claim 11 , wherein the second identifier is a mobile phone number, an International Mobile Equipment Identity (MEI) number, an unique email identifier, or an Integrated Circuit Card Identification (ICCID). 
     
     
         20 . The system of  claim 11 , wherein the authorization is a SMS message or an email message with a pre-determined character string that indicates approval of the payment request.