Patent ID: 11928665
Assignee: MASTERCARD INTERNATIONAL INCORPORATED
Field: IT methods for management (Electrical engineering)
Classification: CPC G | IPC G

Claim 11:
12. A payment network server, comprising:
a communication interface configured to communicate with an issuer server, an acquirer server, and a user device via one or more networks;
a memory configured to store instructions, the memory further storing a list of a plurality of merchants each allocated a corresponding pre-defined radio frequency;
a radio communication component configured to communicate with the user device and the plurality of merchants over the corresponding pre-defined frequency; and
a processor configured to execute the instructions stored in the memory and thereby cause the payment network server to perform at least in part to:
receive, from the user device a connection request comprising a pre-defined radio frequency,
upon receiving the connection request, map a merchant server with the pre-defined radio frequency based on the list stored in the memory,
establish a secure radio frequency connection between the user device and the merchant server over the pre-defined radio frequency,
receive a payment request signal comprising the pre-defined radio frequency and an authorization of a payment transaction from the issuer server associated with an issuer of a payment account of a user of the user device,
fetch a merchant information associated with the pre-defined radio frequency from a database storing information related to the plurality of merchants and a plurality of merchant accounts linked to a plurality of pre-defined radio frequencies allocated to the plurality of merchants,
process the payment transaction from the payment account to a merchant account based at least on the merchant information, and
transmit a payment notification signal to the merchant server and the user device of a successful payment transaction from the payment account of the user to the merchant account.