Patent Application
20150363754
It has previously been proposed to utilize a payment card account system to implement person-to-person payments. One such system is disclosed in U.S. Pat. No. 8,271,362, which is assigned to MasterCard International Incorporated, the assignee hereof.
The present inventors have recognized that there are opportunities for still greater convenience in utilizing a payment card account system to support person-to-person payments.
Features and advantages of some embodiments of the present disclosure, and the manner in which the same are accomplished, will become more readily apparent upon consideration of the following detailed description of the disclosure taken in conjunction with the accompanying drawings, which illustrate preferred and exemplary embodiments and which are not necessarily drawn to scale, wherein:
In general, and for the purpose of introducing concepts of embodiments of the present invention, an FI may provide services to facilitate a funds transfer from a sender to a recipient. The FI may receive the funds transfer request from the sender and then may provide a message to the recipient to provide the recipient with options for receiving the funds transfer. The options may be such that the recipient need not currently (i.e., prior to the funds transfer) be a customer of the FI. For example, the options may include receiving the funds in a newly issued payment card account identified by a new virtual card number.
The FI server computer 102 may host one or more websites that allow users to interact with the FI server computer 102. For example, a funds transfer sender (not shown) may use a sender device 104 to access the FI website via the internet 106. It may be assumed that the sender is an existing customer of the FI that operates the FI server computer 102. For example, the sender may previously have signed up for a P2P payment service offered by the FI. It may be assumed that the FI is an issuer of payment card accounts, along with providing other banking services as well.
As will be seen from subsequent discussion, there may also be communication via the internet 106 between the FI server computer 102 and a device 108 operated by the intended recipient of a funds transfer initiated by the sender. The recipient need not necessarily be a customer of the FI and/or a subscriber to the FI's P2P payment service at the time the sender initiates a funds transfer to the recipient.
Both the sender device 104 and the recipient device 108 may be largely or entirely conventional in both their hardware and software aspects. (However, in some embodiments, the sender device 104 may run an application that is specifically designed to facilitate the sender's use of the FI's P2P payment service. Moreover, in some embodiments, the recipient device may run, or have downloaded to it, an application to facilitate aspects of the present invention in accordance with some use-cases.) In some embodiments, both the sender device 104 and the recipient device 108 may be conventional mobile devices that run mobile browsers. For example, either one or both of the sender device 104 and the recipient device 108 may be smartphones, tablet computers, or the like. Alternatively, one or both of the sender device 104 and the recipient device 108 may be a conventional personal computer, laptop computer, etc. In a case where the sender device 104 or the recipient device 108 is a mobile device, communication to and from such devices may include operation of one or more mobile networks (not shown), which may provide access to the internet 106.
The components of the system 100 as depicted in
The FI server computer 102 may be conventional in its hardware aspects but may be controlled by software to cause it to function as described herein. For example, the FI server computer 102 may be constituted by conventional server computer and/or mainframe computer hardware.
The FI server computer 102 may include a computer processor 200 operatively coupled to a communication device 201, a storage device 204, an input device 206 and an output device 208.
The computer processor 200 may be constituted by one or more conventional processors. Processor 200 operates to execute processor-executable steps, contained in program instructions described below, so as to control the FI server computer 102 to provide desired functionality.
Communication device 201 may be used to facilitate communication with, for example, other devices (such as sender and recipient devices). For example communication device 201 may comprise numerous communication ports (not separately shown), to allow the FI server computer 102 to communicate simultaneously with a number of other devices and computers, including communications as required to receive and execute requests for P2P funds transfers.
Input device 206 may comprise one or more of any type of peripheral device typically used to input data into a computer. For example, the input device 206 may include a keyboard and a mouse. Output device 208 may comprise, for example, a display and/or a printer.
Storage device 204 may comprise any appropriate information storage device, including combinations of magnetic storage devices (e.g., hard disk drives), optical storage devices such as CDs and/or DVDs, and/or semiconductor memory devices such as Random Access Memory (RAM) devices and Read Only Memory (ROM) devices, as well as so-called flash memory. Any one or more of such information storage devices may be considered to be a computer-readable storage medium or a computer usable medium or a memory.
Storage device 204 stores one or more programs (discussed in somewhat more detail below) for controlling processor 200. The programs comprise program instructions (which may be referred to as computer readable program code means) that contain processor-executable process steps of the FI server computer 102, executed by the processor 200 to cause the FI server computer 102 to function as described herein.
The programs stored in the storage device 204 may include one or more conventional operating systems (not shown) that control the processor 200 so as to manage and coordinate activities and sharing of resources in the FI server computer 102, and to serve as a host for application programs that run on the FI server computer 102.
The programs stored in the storage device 204 may also include an account creation and management application program 210 that allows senders to establish user accounts for the P2P payments service and to update and manage their accounts. The programs stored in the storage device 204 may further include a transaction handling application program 212 that includes functionality as described below in connection with
Other programs stored in the storage device 204 may include a reporting application, which may respond to requests from system administrators for reports on the activities performed by the FI server computer 102. The other programs may also include, e.g., website hosting software, communication software, one or more database management programs, device drivers, etc.
The storage device 204 may also store a user database 214. The user database 214 may allow the FI server computer 102 to store accounts maintained for enrolled users in the FI's P2P payment service. The storage device 204 may also store a transaction database 216 which stores funds transfer transaction data and data that reflects issuance of payment card accounts. Additional databases as required for operation of the FI server computer 102 may also be stored in the storage device 204.
The smartphone 108 may resemble, in some or all of its hardware aspects and many of its functions, common commercially available smartphones. In some embodiments, and as illustrated herein, the smartphone 108 may include capabilities for engaging in payment transactions at a point of sale. However, other embodiments may lack such capabilities.
The smartphone 108 may include a conventional housing (indicated by dashed line 252 in
The smartphone 108 further includes conventional control circuitry 254, for controlling over-all operation of the smartphone 108. For example, the control circuitry 254 may include a conventional processor of the type designed to be the “brains” of a smartphone.
Other components of the smartphone 108, which are in communication with and/or controlled by the control circuitry 254, include: (a) one or more memory devices 256 (e.g., program and working memory, etc.); (b) a conventional SIM (subscriber identification module) card 258; (c) a conventional touchscreen 262 which serves as the primary input/output device for the smartphone 108, and which thus receives input information from the user and displays output information to the user. As is the case with many models of smartphones, in some embodiments the smartphone 108 may also include a few physically-actuatable switches/controls (not shown), such as an on/off/reset switch, a menu button, a “back” button, a volume control switch, etc. It may also be the case that the smartphone 108 includes a conventional digital camera, which is not shown.
The smartphone 108 also includes conventional receive/transmit circuitry 266 that is also in communication with and/or controlled by the control circuitry 254. The receive/transmit circuitry 266 is coupled to an antenna 268 and provides the communication channel(s) by which the smartphone 108 communicates via a mobile telephone communication network.
Continuing to refer to
The smartphone 108 further includes a conventional microphone 270, coupled to the receive/transmit circuitry 266. Of course, the microphone 270 is for receiving voice input from the user. In addition, a speaker 272 is included to provide sound output to the user, and is coupled to the receive/transmit circuitry 266.
The receive/transmit circuitry 266 may operate in a conventional fashion to transmit, via the antenna 268, voice signals generated by the microphone 270, and to reproduce, via the speaker 272, voice signals received via the antenna 268. The receive/transmit circuitry 266 may also handle transmission and reception of text messages and other data communications via the antenna 268.
The smartphone 108 may also include circuitry 274 that is partly or wholly dedicated to implementing NFC communications functionality of the smartphone 108. The smartphone 108 may further include a loop antenna 276, coupled to the NFC circuitry 274. In some embodiments, the NFC circuitry 274 may partially overlap with the control circuitry 254 for the smartphone 108. Moreover, the NFC circuitry 274 is associated with, and may also overlap with, a secure element 278 that is part of the smartphone 108 and is contained within the housing 252. The term “secure element” is well known to those who are skilled in the art, and typically refers to a device that may include a small processor and volatile and nonvolatile memory (not separately shown) that are secured from tampering and/or reprogramming by suitable measures. In some embodiments, the secure element 278 may be provided as part of the SIM card 258. In other embodiments, the secure element 278 may be constituted by an integrated circuit card separate from the SIM card 258 but possibly having the same form factor as the SIM card 258. In some embodiments, the secure element 278 may be provisioned or pre-programmed with one or more payment application programs (“apps”) such that the mobile device is enabled to operate as a payment device vis-à-vis POS terminals. For this purpose, the smartphone 108 may communicate with the POS terminals via the antenna 276 in accordance with the NFC communication standard.
It should also be understood that the smartphone 108 may be operable as a conventional mobile telephone for communication—both voice and data—over a conventional mobile telecommunications network. Thus, the smartphone 108 may be in communication from time to time in a conventional manner with a mobile network operator (“MNO”not shown).
As is familiar to those who are skilled in the art, the smartphone 108 may be viewed as a small computing device. The smartphone 108 may include one or more processors that are programmed by software, apps and/or other processor-executable steps to provide functionality as described herein. The software, apps and/or other processor-executable steps may be stored in one or more computer-readable storage media (such as the storage devices 256 and/or the secure element 278) and may comprise program instructions, which may be referred to as computer readable program code means. In some embodiments, the smartphone 108 may run a conventional mobile browser such that a user of the smartphone is enabled to interact with websites via the internet.
Processes that may be performed in the system 100 in accordance with aspects of the present invention will be described below in connection with
For purposes of
Referring now to
Referring again to
Button 312 in
Still another option provided to the recipient is represented by button 314 in
The screen display of
The number of options presented to the recipient via the screen display of
In addition to the display elements shown in
At 502 in
Decision block 504 may follow block 502 in
At block 506, the FI server computer 102 may transmit a message to the recipient to indicate to the recipient that the funds transfer has occurred. This message may be, for example, an e-mail message or a text message, and may be transmitted by the FI server computer 102 to the recipient device 108 (or made available for retrieval by recipient device 108) using the recipient contact information supplied by the sender. The message may contain a link that points to a screen display, or otherwise may make available to the recipient device 108 a screen display, such as that shown in
The recipient may then select one of the options, and may transmit an indication of the selected option to the FI server computer 102. This may occur, for example, via interaction between the recipient device 108 and a webpage hosted by the FI server computer 102.
Block 508 in
Block 510 may follow block 508 in the process of
At 512, the FI server computer 102 may send one or more messages (e.g., to the sender and/or to the recipient) to confirm that the funds transfer has been completed. For example, in a case where the recipient has selected the VCN/payment card account option, the confirmation message may take the form of the screen display of
At 602 in
At 606, the recipient device 108 receives input from the recipient to indicate which option the recipient wishes to select from the options presented in the display page of
At 608, the recipient device 108 may transmit data to the FI server computer 102 to indicate the option selected by the recipient from among the options presented at the display screen of
In a use-case where the recipient has opted to receive a new virtual payment account to receive the funds transfer, the recipient may access the account by, e.g., conducting an online transaction utilizing the VCN. This process step, if it occurs, is represented by block 612 in
In some use-cases, e.g., where the recipient device 108 is a smartphone, the screen display of
In some embodiments, as noted above, the FI may offer only the option of issuance of a virtual account/VCN, and the display of
Considering some other use-cases, if the recipient opts to have a new payment card account issued by the FI with issuance of a physical (pre-paid) payment card, the interaction between the recipient device 108 and the FI server computer 102 may include the recipient sending his/her mailing address to the FI server computer 102 via the recipient device 108. Such an action may also be necessary if the recipient opts to receive a paper check from the FI, or to have a new deposit account opened at the FI. In the case of issuance of a physical payment card, the recipient may also be requested to supply his/her telephone number to aid in activating the pre-paid payment account once the recipient receives the physical card.
In some use cases, the sender may not be an individual. For example, processes like those described above could be used by a product manufacturer/distributor to fulfill a mail-in product rebate or the like. In other embodiments, individuals or other entities could employ the system 100 and the processes of
In some embodiments, FI may engage in interactions with the funds transfer recipient to obtain identification and other information relative to the recipient. This may be done to satisfy regulations that require the FI to “know its customer”. In some embodiments, there may be little or no such interaction when the funds transfer is relatively small (and not part of a series of transfers), as applicable regulations and/or prudent banking practices may place very limited or no obligations on the FI in such situations to satisfy “KYC” (know your customer) requirements. For larger transactions, and/or for a sequence of transactions, the FI's practice may be to take significant steps to obtain identifying information with respect to the recipient and/or to screen the recipient.
In some embodiments, the FI may have procedures in place to deal with situations where the funds transfer recipient fails to respond to the notification provided to him/her about the available disbursement of the funds transfer. In some embodiments, for example, the FI may automatically cancel or reverse the funds transfer after a given period of time (e.g., seven days) after the notification if the recipient never takes the required step or steps for completing the funds transfer.
As used herein and in the appended claims, the term “computer” should be understood to encompass a single computer or two or more computers in communication with each other; and should also be understood to include any type of device with data processing capabilities, including server computers, mainframe computers, personal computers, laptop computers, tablet computers, smartphones and personal digital assistants.
As used herein and in the appended claims, the term “processor” should be understood to encompass a single processor or two or more processors in communication with each other.
As used herein and in the appended claims, the term “memory” should be understood to encompass a single memory or storage device or two or more memories or storage devices.
As used herein and in the appended claims, a “server” includes a computer device or system that responds to numerous requests for service from other devices.
The flow charts and descriptions thereof herein should not be understood to prescribe a fixed order of performing the method steps described therein. Rather the method steps may be performed in any order that is practicable.
As used herein and in the appended claims, the term “payment card system account” includes a credit card account, a deposit account that the account holder may access using a debit card, a prepaid card account, or any other type of account from which payment transactions may be consummated. The terms “payment card system account” and “payment card account” and “payment account” are used interchangeably herein. The term “payment card account number” includes a number that identifies a payment card system account or a number carried by a payment card, or a number that is used to route a transaction in a payment system that handles debit card and/or credit card transactions. The term “payment card” includes a credit card, debit card, prepaid card, or other type of payment instrument, whether an actual physical card or virtual.
As used herein and in the appended claims, the term “payment card system” or “payment system” refers to a system for handling purchase transactions and related transactions. An example of such a system is the one operated by MasterCard International Incorporated, the assignee of the present disclosure. In some embodiments, the term “payment card system” may be limited to systems in which member financial institutions issue payment card accounts to individuals, businesses and/or other organizations.
Although the present disclosure has been described in connection with specific exemplary embodiments, it should be understood that various changes, substitutions, and alterations apparent to those skilled in the art can be made to the disclosed embodiments without departing from the spirit and scope of the disclosure as set forth in the appended claim.
This application claims the benefit of U.S. Provisional Patent Application No. 62/011,915 filed on Jun. 13, 2014, the contents of which application are hereby incorporated by reference for all purposes.
| Number | Date | Country | |
|---|---|---|---|
| 62011915 | Jun 2014 | US |
