Patent ID: 8639215

Claim:
A distributed financial transaction processing system in a financial transaction processing network for wireless mobile handset devices having an internal SIM or USIM under control of a wireless mobile system operator in a wireless communication network connected to an open world communication network comprising: a service provider having a secure link server in part under initial control of the wireless mobile system operator, wherein the service provider provides mobile communication services to users of the wireless mobile handset devices in the communication network; at least one wireless mobile handset device having an internal SIM or USIM under initial control of the wireless mobile system operator wherein secure messages can be exchanged between the secure link server and the wireless mobile handset device that are secure from a user of the wireless mobile handset device; and, an account management application, at least in part coded in the SIM or USIM of the wireless mobile handset device initially controlled by the wireless mobile system operator wherein the account management application has a financial account within the wireless mobile handset device that is secure from a user of the wireless mobile handset device and is in part managed by the account management application that is in part coded in the SIM or USIM of that wireless mobile handset device for a user of the wireless mobile handset device; wherein the financial transaction processing network has remote terminals, and wherein a financial transaction is communicated to one of the remote terminals and transaction data related to the financial transaction is processed by the financial transaction processing network, wherein transaction data related to the financial transaction is routed by the remote terminal to the secure link server and the secure link server sends a secure message to the user's wireless mobile handset device, wherein the transaction data routed to the user's wireless mobile handset device includes a user approval prompt wherein the wireless mobile handset device prompts the user to signal an approval, and, wherein the account management application adjusts the financial account within the wireless mobile handset device to reflect a charge from the financial transaction.