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

Claim 17:
18. One or more non-transitory computer readable storage media having computer-executable instructions fora payment transaction that, upon execution by a processor, cause the processor to at least:
receive, by a payment network server from a user device, a connection request comprising a pre-defined radio frequency, wherein the payment network server stores a list of a plurality of merchants each allocated a corresponding pre-defined radio frequency;
upon receiving the connection request, map the pre-defined radio frequency to a merchant server based on the stored list;
establish, by the payment network server, a secure radio frequency connection between the user device and the merchant server over the pre-defined radio frequency via a radio communication component corresponding to the pre-defined radio frequency;
receive, by the payment network server, a payment request signal comprising the pre-defined radio frequency and an authorization of a payment transaction from an issuer server associated with an issuer of a payment account of a user of the user device;
fetch, by the payments network server, 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.