Patent ID: 9672504
Date: 2017-06-06
CPC Classifications: G06Q

Claim:
1. A method for electronically processing a payment at a point of sale, the method comprising: receiving, electronically by a hardware processor of a payment provider, a payment request from a transaction device at a merchant point of sale (POS); receiving, electronically by the hardware processor, identification information for a user provided via the merchant POS, wherein the identification information comprises a last name, a zip code, and a date of birth of the user; accessing, electronically by the hardware processor, a preexisting account of the user stored in a database associated with the payment provider based on the received identification information without requiring the hardware processor to receive, from the merchant POS, financial information associated with the preexisting account; receiving, electronically by the hardware processor, verification information of the user entered by the user at the merchant POS, the verification information being entered after the identification information is received and after the preexisting account of the user is accessed; in response to determining that the verification information corresponds to last four digits of a social security number (SSN) of the user stored in the database, approving the payment request using the preexisting account of the user based on the last four digits of the SSN without requiring the user to provide a payment provider card; and processing, electronically by the hardware processor, the payment request in response to the approving.