Patent ID: 9613348
Date: 2017-04-04
CPC Classifications: G06Q

Claim:
1. A method for conducting a transaction using transaction codes, the method comprising: obtaining information about a trade item associated with the transaction by a first mobile phone; generating a sale transaction code using a first mobile phone, wherein the sale transaction code includes the information about the trade item and information about a first user account associated with the first mobile phone; displaying the sale transaction code on the first mobile phone; receiving a first input of the sale transaction code on a second mobile phone; generating a confirmation transaction code on the second mobile phone in response to receiving the first input at the second mobile phone, wherein the confirmation transaction code includes information about a second user account associated with the second mobile phone; displaying the confirmation transaction code on the second mobile phone; receiving a second input of the confirmation transaction code on the first mobile phone; generating transaction details on the first mobile phone in response to receiving the second input at the first mobile phone; and transmitting the transaction details from the first mobile phone to a server for settlement in response to receiving the second input at the first mobile phone.