Patent ID: 8788411
Filing Date: 2014-07-22
Classification: G06Q

Abstract:
1. A method for making a payment using a Radio Frequency Identification (RFID) system, comprising: associating, by a payment service provider device, a first RFID identifier of a first physical RFID device with a payer account in a database; associating, by the payment service provider device, a second RFID identifier of a second physical RFID device with the first RFID identifier in the payer account in the database; receiving, by the payment service provider device, a purchase type and an associated spending gate definition for the first RFID identifier over a network, wherein the spending gate definition is associated with at least one of a plurality of funding sources of the payer account; associating, by the payment service provider device, the purchase type and associated spending gate definition with the first RFID identifier in the database; receiving, by the payment service provider device, a payment request for a purchase using the second RFID identifier over the network; determining, by the payment service provider device, that the second RFID identifier is associated with the first RFID identifier and, in response, determining that payment request includes the purchase type for the first RFID identifier; and processing, by the payment service provider device, a payment using the at least one funding source of the payer account according to the spending gate definition associated with the purchase type.