Patent ID: 8401968
Filing Date: 2013-03-19
Classification: G06Q

Abstract:
1. A computer-implemented method of transacting a payment, the method comprising: under control of one or more computer systems configured with executable instructions, associating a group of members with a group account of a transaction authorization service; receiving a payment request from a mobile device associated with a requesting member, the payment request initiating a payment from the group account and an entity account designated by the requesting member, the payment request transmitted via a first simple message system (SMS) text message; selecting at least one authorizing member from the members of the group, the at least one authorizing member being different than the requesting member and being selected based at least in part on a determination that the at least one authorizing member is not a beneficiary of the payment and further based at least in part on one or more attributes associated with the at least one authorizing member that indicate an authority to authorize the payment request; sending an authorization request for the payment to a mobile device associated with the at least one authorizing member, the authorization request transmitted via a second SMS text message; and receiving a third SMS text message as an authorization message from the at least one authorizing member in response to the authorization request, the authorization message either permitting the payment or denying the payment between the group account and the entity account.