Goods & Services

Financial services in the form of electronic funds transfer; payment services, namely, payment transaction processing services, payment verification services, bill payment services; providing electronic mobile payment services for others, namely, bill payment services provided via mobile applications; payment transaction processing services

Abstract

A system for returning change electronically to a consumer as a result of a cash transaction is provided. The system uses a merchant terminal by bypassing default funds availability authorization performed in consumer to merchant transfers by the terminal. The terminal therefore enables transfer funds from merchant to consumer in an amount which is associated with change due to the consumer upon receipt of the appropriate request and consumer account identifier. In particular aspects, the change is returned in a cryptocurrency.

IPC Classes  ?

• G06Q 20/40 - Authorisation, e.g. identification of payer or payee, verification of customer or shop credentialsReview and approval of payers, e.g. check of credit lines or negative lists
• G06Q 20/38 - Payment protocolsDetails thereof
• H04L 29/06 - Communication control; Communication processing characterised by a protocol
• G06Q 20/20 - Point-of-sale [POS] network systems
• G06Q 20/12 - Payment architectures specially adapted for electronic shopping systems
• G06Q 20/06 - Private payment circuits, e.g. involving electronic currency used only among participants of a common payment scheme
• G06Q 20/36 - Payment architectures, schemes or protocols characterised by the use of specific devices using electronic wallets or electronic money safes
• G07F 9/04 - Means for returning surplus or unused coins
• G06Q 20/34 - Payment architectures, schemes or protocols characterised by the use of specific devices using cards, e.g. integrated circuit [IC] cards or magnetic cards
• G07F 5/24 - Coin-actuated mechanismsInterlocks with change-giving
• H04W 12/06 - Authentication
• H04W 12/72 - Subscriber identity