Patent ID: 8170527
Filing Date: 2012-05-01
Classification: G06Q,H04L,H04W

Abstract:
1. A prepaid payment mobile phone comprising: a processor; a non-volatile programmable memory coupled to the processor and configured to store a current balance associated with a primary account number; an input device coupled to the processor and configured to receive a request for the current balance of the prepaid payment mobile phone; a display coupled to the processor and configured to show the current balance; a radio frequency (RF) transceiver coupled to the processor and configured to transmit transaction data associated with a transaction comprising the primary account number to a point of sale device, wherein the primary account number is stored on the non-volatile programmable memory; and a cellular transceiver coupled to the processor and configured to receive information regarding the current balance after the transaction, wherein the information regarding the current balance is received via a Short Message Service (SMS) message and the current balance is encoded onto the non-volatile programmable memory using the processor.