Patent ID: 8332272
Filing Date: 2012-12-11
Classification: G06Q,G07F,H04B,H04M,H04N,H04W

Abstract:
1. A method for conducting a near field communication payment transaction between a secure element coupled to a hand-held mobile communication device and a Point-of-Sale terminal, the method comprising: utilizing the secure element coupled to the hand-held mobile communication device, the secure element including: a memory storing multiple applications and payment credentials, a processor that executes a payment application stored on the memory in response to a near field communication interaction between the secure element and a Point-of-Sale terminal, a near field communication transceiver that sends transaction data including payment credentials corresponding to a default payment method associated with the executed application through a first communication channel; executing, by the processor of the secure element that is activated by a near field communication interaction between the secure element and the Point-Of-Sale terminal, the payment application on the processor of the secure element in response to a near field communication interaction between the secure element and a Point-Of-Sale terminal using the near field communication transceiver of the secure element; wirelessly transmitting the transaction data which includes payment credentials corresponding to a default payment method associated with the executed payment application from the secure element to the Point-Of-Sale terminal over the first communication channel; wherein transmission of the transaction data results from executing the payment application on the processor of the secure element in response to a near field communication interaction between the secure element and the Point-Of-Sale terminal; and automatically applying, by the payment application, one or more coupons stored in the memory of the secure element during the near field communication payment transaction and updating a total purchase amount based on the one or more applied coupons during the processing of the near field communication payment transaction.