Patent ID: 7431202

Claim:
A method of transacting business comprising the acts of: presenting an account identification document for the purpose of making a payment, the account identification document identifying an account through which the payment is to be made; associating a mobile communication device with the account identification document; determining the present location of the associated mobile communication device; determining an area of use for the account identification document; if the mobile communication device associated with the account identification document is within the determined area of use, approving use of the identified account for making the payment; and if the mobile communication device associated with the account identification document is not within the determined area of use: (1) calling the mobile communication device associated with the account identification document; (2) attempting to obtain information through the associated mobile communication device verifying that an authorized person has presented the presented the account identification document for the purpose of making a payment; and (3) approving use of the identified account for making the payment only if information is obtained through the associated mobile communication device that verifies that an authorized person has presented the account identification document for the purpose of making a payment.