System and method for a private and secure merchant payment system using a mobile wireless device

Abstract

A secure payment system between a customer and a merchant uses a wireless device of the customer that receives a partial payment authorization record from a sales terminal of the merchant to include at least a merchant terminal identification and a payment amount to facilitate payment transaction via a customer portable wireless device from the customer to the merchant. The device has a receive sensor to receive the partial transaction record from the sales terminal and a function that activates a payment transaction function in the device. The payment function, on being activated, creates an encrypted payment data record including at least the merchant terminal identification, the payment amount, a personal code and the device identification code and transfers it over the global network to a central system. The device and the sales terminal receive from the central system a notification of the payment approval record.

What is claimed is: 
     
         1 . A secure payment system between a customer and a merchant, comprising:
 a wireless device of the customer that receives a partial payment authorization transaction record from a sales terminal of the merchant to include at least a merchant terminal identification and a payment amount to facilitate payment transaction via a customer portable wireless device from the customer to the merchant.   
     
     
         2 . The system as in  claim 1 , comprising:
 the device has a receive sensor to receive the partial transaction record from the sales terminal either via a short rf or optical infrared.   
     
     
         3 . The system as in  claim 1 , comprising:
 the device has a function that enables activating a payment transaction function in the device to receive a partial payment authorization record from the sales terminal of a merchant.   
     
     
         4 . The system as in  claim 3 , comprising:
 the device function requires entry of a personal code of the customer and transmits the partial transaction record to include, at least the merchant terminal identification, and a payment amount to a third party payment system that pre-stores customer bankcard data.   
     
     
         5 . The system as in  claim 1 , comprising:
 the device receives the partial transaction record that is specific to a sales transaction of the customer at the sales terminal of the merchant.   
     
     
         6 . The system as in  claim 1 , comprising:
 the device has entry means for the customer for manually entering the merchant identification and the payment amount in the wireless device using the keypad and the screen.   
     
     
         7 . The system as in  claim 1 , comprising:
 the device has an identification code, which uniquely identifies the device to the central system.   
     
     
         8 . The system as in  claim 1 , comprising:
 the device  12  has a payment function, activated by a menu item “payment”, a keypad key combination such as an arrow key followed by a numeric key, or a special key for payment.   
     
     
         9 . The system as in  claim 8 , comprising:
 the payment function, on being activated, creates an encrypted payment data record including at least the merchant terminal identification, the payment amount, a personal code and the device identification code and transfers it over the global network to the central system.   
     
     
         10 . The system as in  claim 1 , comprising:
 the device receives from the central system a notification of the payment approval record.   
     
     
         11 . A method of secure payment between a customer and a merchant, comprising the step of:
 receiving by a wireless device of the customer a partial payment authorization record from a sales terminal of the merchant to include at least a merchant terminal identification and a payment amount to facilitate payment transaction via a customer portable wireless device from the customer to the merchant.   
     
     
         12 . The method as in  claim 11 , comprising the step of:
 having by the device has a function that enables activating a payment transaction function in the device to receive a partial payment authorization record from the sales terminal of a merchant.   
     
     
         13 . The method as in  claim 11 , comprising the step of:
 requiring by the device function entry of a personal code of the customer and transmitting the partial transaction record to include, at least the merchant terminal identification, and a payment amount to a third party payment system that pre-stores customer bankcard data.   
     
     
         14 . The method as in  claim 11 , comprising the step of:
 having a receive sensor in the device to receive the partial transaction record from the sales terminal either via a short rf or optical infrared.   
     
     
         15 . The method as in  claim 11 , comprising the step of:
 the receiving by the device is specific to a sales transaction of the customer at the sales terminal   
     
     
         16 . The method as in  claim 11 , comprising the step of:
 having entry means in the device for the customer for manually entering the merchant identification and the payment amount in the wireless device using the keypad and the screen.   
     
     
         17 . The method as in  claim 11 , comprising the step of:
 identifying the device with an identification code, which uniquely identifies the device to the central system.   
     
     
         18 . The method as in  claim 11 , comprising the step of:
 having by the device a payment function, activated by a menu item “payment”, a keypad key combination such as an arrow key followed by a numeric key, or a special key for payment.   
     
     
         19 . The method as in  claim 11 , comprising the step of:
 activating the payment function, creates an encrypted payment data record including at least the merchant terminal identification, the payment amount, a personal code and the device identification code and transfers it over the global network to the central system  10 .   
     
     
         20 . The method as in  claim 11 , comprising the step of:
 receiving by the device from the central system a notification of the payment approval record.