Systems and methods for initiating and authorizing transactions using a detectable device

Patent metadata

Field	Value
Publication number	US-2018225664-A1
Application number	US-201815948600-A
Country	US
Kind code	A1
Filing date	Apr 9, 2018
Priority date	Apr 14, 2014
Publication date	Aug 9, 2018
Grant date	—

Abstract

A system for initiating and authorizing a transaction including one or more memory devices storing instructions and one or more processors configured to execute the instructions to associate a detectable device with at least one financial account. The one or more processors may be further configured to receive a notification indicating that the detectable device is involved in a potential transaction initiated by a sensor device detecting the detectable device in an initiating action. The one or more processors may be further configured to receive transaction information associated with the potential transaction. The one or more processors may be further configured to identify a customer profile associated with the detectable device, and determine whether the potential transaction is authorized by a customer based on the transaction information and at least one profile customization parameter associated with the customer profile.

First claim

1 - 20 . (canceled)

21 . A merchant system for detecting tag devices and notifying a customer of pre-authorized sale offers, comprising:
one or more memory devices storing instructions; and one or more processors configured to execute the instructions to perform operations comprising:
receiving a customer profile associated with an electromagnetically detectable customer tag device, the customer profile comprising financial account information;
pre-authorizing a sale offer for the customer based on the customer profile;
detecting the tag device entering a merchant venue associated with the merchant system;
associating the tag device with the customer profile;
transmitting to the tag device a notice of the pre-authorized sale offer based on the customer profile;
receiving a response from the customer via the tag device;
determining whether the pre-authorized sale offer is authorized by the customer, based on the response; and
processing the pre-authorized sale offer based on the determination.

22 . The system of claim 21 , wherein the operations further comprise transmitting a result of the determination to at least one of the tag device, a merchant device associated with the merchant system, or a financial service provider system.

23 . The system of claim 21 , wherein the tag device is incorporated into or otherwise attached to a wearable item.

24 . The system of claim 23 , wherein the wearable item comprises at least one of a wristband, jewelry, eyeglasses, sunglasses, a watch, a piece of clothing, or a belt.

25 . The system of claim 21 , wherein detecting the tag device entering the merchant venue comprises determining an operating mode of the tag device.

26 . The system of claim 25 , wherein the operations further comprise providing power to the tag device if the determined operating mode requires power.

27 . The system of claim 21 , wherein the operations further comprise:
receiving a discount notification from a third-party vendor associated with the customer profile; and pre-authorizing a sale offer for the customer based on the customer profile and the received discount notification.

28 . A computer-implemented method for detecting tag devices and notifying a customer of pre-authorized sale offers, the method comprising:
receiving a customer profile associated with an electromagnetically detectable customer tag device, the customer profile comprising financial account information; pre-authorizing, by one or more processors, a sale offer for the customer based on the customer profile; detecting, by the one or more processors, the tag device entering a merchant venue associated with the merchant system; associating, by the one or more processors, the tag device with the customer profile; transmitting, by the one or more processors, the tag device a notice of the pre-authorized sale offer based on the customer profile; receiving a response from the customer via the tag device; determining, by the one or more processors, whether the pre-authorized sale offer is authorized by the customer based on the response; and processing, by the one or more processors, based on the determination, the pre-authorized sale offer.

29 . The computer-implemented method of claim 28 , further including transmitting a result of the determination to at least one of the tag device, a merchant device associated with the merchant system, or a financial service provider system.

50 . The computer-implemented method of claim 28 , wherein the tag device is incorporated into or otherwise attached to a wearable item.

31 . The computer-implemented method of claim 30 , wherein the wearable item is at least one of a wristband, jewelry, eyeglasses, sunglasses, a watch, a piece of clothing, or a belt.

32 . The computer-implemented method of claim 28 , wherein detecting the tag device entering the merchant venue comprises determining an operating mode of the tag device.

33 . The computer-implemented method of claim 32 , further including providing power to the tag device if the determined operating mode requires power.

34 . The system of claim 28 , further comprising:
receiving a discount notification from a third-party vendor associated with the customer profile; and pre-authorizing, by one or more processors, at least one sale offer for the customer based on the customer profile and the received discount notification.

35 . A wearable device for notifying a customer of pre-authorized sale offers:
one or more memory devices storing instructions; and one or more processors configured to execute the instructions to perform operations comprising:
receiving a customer profile including financial account information;
entering a merchant venue associated with a merchant system;
receiving a first notification of a pre-authorized sale offer based on the customer profile;
receiving a response from a customer;
transmitting the response to the merchant system; and
receiving a second notification of a processed sale offer.

36 . The wearable device of claim 35 , wherein the wearable device is at least one of a wristband, jewelry, eyeglasses, sunglasses, a watch, a piece of clothing, or a belt.

37 . The wearable device of claim 35 , wherein the operations further comprise utilizing power from a merchant device.

38 . The wearable device of claim 35 , wherein the operations further comprise detecting a plurality of tags in merchant venue.

39 . The wearable device of claim 36 , wherein the operations further comprise:
locating the plurality of tags in merchant venue; and notifying the customer of the location of plurality of tags.

Assignees

• Capital One Services Llc

Inventors

• Kendrick Jesse N
• Lafeer Mohamed
• Rephlo Jeremy

Classifications

• G06Q20/40 Primary

  Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists · CPC title