Patent ID: 8554671
Filing Date: 2013-10-08
Classification: G06Q,G07F

Abstract:
1. A financial service method that provides a cashless platform of enabling users to perform a financial transaction in a mobile environment, the method comprising: entering financial information related to the financial transaction on a first user mobile station; the first user mobile station generating a code containing the financial information on the first user mobile station, wherein the first user mobile station is in proximity to a second user mobile station; the first user mobile station transferring the generated code to the second user mobile station by means of a directional movement on the first user mobile station in the direction of the second user mobile station; the first user mobile station further transmitting the generated code to a mobile transaction platform to confirm the executability of the financial transaction; the second user mobile station automatically recognizing the transferred code; based on the recognized code, the second user mobile station determines whether to accept or decline the financial transaction; wherein when the financial transaction is accepted by the second mobile user station, the mobile transaction platform executing the financial transaction; wherein when the financial transaction is declined by the second user mobile station, the mobile transaction platform preventing the execution of the financial transaction; and the second user mobile station transmitting a reverse code to the first user mobile station, to confirm whether the financial transaction was either accepted or declined by the second user mobile station.