Alternative payment method for online transactions using interactive voice response

Abstract

A method for performing payments in remote transactions between a buyer and a vendor is provided. The method includes receiving buyer information from a vendor's network outlet when the buyer indicates a desire to purchase a selection at a later time through an Interactive Voice Response (IVR) center; providing a token to the buyer; receiving information about the token from the buyer through the IVR center; verifying the information about the token; transferring funds from a buyer account to a vendor account. Also provided is a system for processing payments in remote transactions including an IVR center to: receive a request for token from a buyer to purchase products from a vendor, and to receive information about the product; provide the token to the buyer; access a database, the database including information from vendor's and buyer's accounts; transfer funds from buyer's account to vendor's account upon buyer confirmation.

1 . (canceled) 
     
     
         2 . A method, comprising:
 receiving, by a computer system of a vendor and in response to a request from the vendor, a checkout indication to be displayed by a network outlet associated with the vendor;   generating, by the computer system of the vendor and responsive to a selection of the checkout indication in connection with a product selected by a buyer accessing the network outlet, a first token based on the selection of the product, the first token having at least one criterion; and   causing, by the computer system of the vendor, a transmission by a computer system of a service provider of a second token to a communication device of the buyer.   
     
     
         3 . The method of  claim 2 , wherein the first token and the second token are the same token. 
     
     
         4 . The method of  claim 2 , wherein the second token further includes a token code. 
     
     
         5 . The method of  claim 2 , wherein the first token is encrypted. 
     
     
         6 . The method of  claim 5 , further comprising transmitting, by the computer system of the vendor to the computer system of the service provider, the encrypted first token. 
     
     
         7 . The method of  claim 2 , further comprising processing a purchase transaction for the product chosen by the buyer when the criterion of the first token is satisfied. 
     
     
         8 . The method of  claim 2 , wherein the criterion is one or more of an expiration time of the first token or a geographic restriction of the first token. 
     
     
         9 . A system associated with a vendor, comprising:
 a non-transitory memory; and   one or more hardware processors coupled to the non-transitory memory and configured to read instructions from the non-transitory memory to cause the system to perform operations comprising:   receiving, in response to a request from the vendor, a checkout indication to be displayed by a network outlet associated with the vendor;   generating, responsive to a selection of the checkout indication in connection with a product selected by a buyer accessing the network outlet, a first token based on the selection of the product, the first token having at least one criterion; and   causing a transmission by a computer system of a service provider of a second token to a communication device of the buyer.   
     
     
         10 . The system of  claim 9 , wherein the first token and the second token are the same token. 
     
     
         11 . The system of  claim 9 , wherein the second token further includes a token code. 
     
     
         12 . The system of  claim 9 , wherein the first token is encrypted. 
     
     
         13 . The system of  claim 12 , the operations further comprising transmitting, by the computer system of the vendor to the computer system of the service provider, the encrypted first token. 
     
     
         14 . The system of  claim 9 , the operations further comprising processing a purchase transaction for the product chosen by the buyer when the criterion of the first token is satisfied. 
     
     
         15 . The system of  claim 9 , wherein the criterion is one or more of an expiration time of the first token or a geographic restriction of the first token. 
     
     
         16 . A non-transitory machine-readable medium having stored thereon machine-readable instructions executable to cause a machine to perform operations comprising:
 receiving an indication of a user selection of a checkout later button displayed on a vendor site associated with a purchase transaction by a user;   displaying a request for the user to enter an identifier of the user;   causing the identifier to be transmitted to an interactive voice response (IVR) system; and   completing the purchase transaction when a notification is received from the IVR system that a first token associated with the purchase transaction and entered by the user has been verified and that a personal identification code entered by the user after the first token has been verified has also been verified.   
     
     
         17 . The non-transitory machine-readable medium of  claim 16 , wherein the request further comprises a second request for the user to enter a second identifier of the user. 
     
     
         18 . The non-transitory machine-readable medium of  claim 17 , wherein the identifier comprises a phone number and the second identifier comprises an email address. 
     
     
         19 . The non-transitory machine-readable medium of  claim 16 , wherein the first token is verified based upon a time restriction of the first token. 
     
     
         20 . The non-transitory machine-readable medium of  claim 19 , wherein the first token is verified based upon a geographic restriction of the first token. 
     
     
         21 . The non-transitory machine-readable medium of  claim 16 , wherein the first token is uniquely associated with a product in the purchase transaction.