Patent ID: 8838481
Filing Date: 2014-09-16
Classification: G01S,G06K,G06Q,H04B,H04W,Y02B,Y02D

Abstract:
1. A method for performing point of sale transactions in a network comprising a plurality of mobile devices and a plurality of point of sale devices, the method comprising: at a first mobile device of the plurality of the mobile devices, determining location coordinates of the first mobile device; sending said determined location coordinates from the first mobile device to a first point of sale device of said plurality of point of sale devices, wherein a geo-fence is defined around the first point of sale device; receiving an authorization request at the first mobile device from the first point of sale device to execute a payment transaction when the first mobile device is within the geo-fence defined around the first point of sale device; and sending a verbal authorization from a user of the first mobile device for executing the payment transaction to the first point of sale device when the first mobile device is within said geo-fence defined around the first point of sale device, the verbal authorization for video recording at the first point of sale device to resolve potential disputes of the payment transaction.