US Patent Application 17828606. Light-Weight and Secure Payment Processing Using a Low-Power Wide-Area Networking Protocol simplified abstract

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Light-Weight and Secure Payment Processing Using a Low-Power Wide-Area Networking Protocol

Organization Name

BANK OF AMERICA CORPORATION

Inventor(s)

Puneetha Polasa of Telangana (IN)

Bhagya Lakshmi Sudha Lavanya Mallidi of Hyderabad (IN)

Sandeep Kumar Chauhan of Hyderabad (IN)

Udaya Kumar Raju Ratnakaram of Hyderabad (IN)

Light-Weight and Secure Payment Processing Using a Low-Power Wide-Area Networking Protocol - A simplified explanation of the abstract

This abstract first appeared for US patent application 17828606 titled 'Light-Weight and Secure Payment Processing Using a Low-Power Wide-Area Networking Protocol

Simplified Explanation

The patent application describes a method for lightweight and secure payment processing using low-power wide-area network technology.

  • The mobile device detects communication conditions for a payment transaction.
  • The mobile device determines if low-power wide-area network communication is applicable based on the communication conditions.
  • If applicable, the mobile device identifies a payment terminal within a certain proximity.
  • The mobile device connects to the payment terminal using a low-power wide-area network protocol.
  • The mobile device sends a request to initiate the payment transaction to the payment terminal via the low-power wide-area network protocol.
  • The payment transaction is executed using the low-power wide-area network protocol.


Original Abstract Submitted

Aspects of the disclosure relate to light-weight and secure payment processing using low-power wide-area network technology. A mobile device may detect communication conditions associated with a payment transaction based on one or more parameters. The mobile device may identify applicability of LPWAN communication based on the communication conditions. Based on identifying the applicability of low-power wide-area network communication, the mobile device may identify a payment terminal within a threshold proximity of the mobile device. The mobile device may connect to the payment terminal via a low-power wide-area network protocol. The mobile device may transmit, via the low-power wide-area network protocol, a request to initiate the payment transaction at the payment terminal. The mobile device may cause the payment transaction to be executed using the low-power wide-area network protocol.

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