Patent ID: 8622292
Filing Date: 2014-01-07
Classification: G06Q

Abstract:
1. A method for securely completing a service transaction, comprising: receiving a request for a reservation for a reserved service to be provided by a specific service provider, the request received at a device associated with a customer; receiving, at a preauthorization system, a request for preauthorizing payment of the reserved service to be provided by the specific service provider at the reservation using a credit account of the customer; generating preauthorization information including a total maximum amount of preauthorized credit for the transaction with the specific service provider and unique transaction identification information, wherein the total maximum amount is dynamically detennined at least based on one metric by the preauthorization system; generating reservation information including a date and time the reserved service is to be provided by the specific service provider to the customer at a specific service provider location to satisfy the reservation; storing the reservation information and the preauthorization information on a database remote from the specific service provider; transmitting the reservation and preauthorization information to the specific service provider; using at least some of the preauthorization information at the specific service provider, after the reserved service is provided to the customer by the specific service provider, to generate payment information, which information includes at least the unique transaction identification information; and transmitting the payment information to the database, the database completing payment to the specific service provider for provided services up to the total maximum amount without the service provider being provided access to the customer's credit account information.