Patent ID: 7292996

Claim:
A method of facilitating a credit card transaction between a consumer using a wireless communication device and a provider of a product or service, the method comprising: in a commerce platform implemented as one or more computer systems operated by a single business entity, storing personal information of the consumer, including a credit card number of a credit card issued to the consumer; receiving information for requesting the transaction from a remote entity; sending information on the transaction to the wireless communication device; receiving a signal from the wireless communication device indicating acceptance of the transaction; receiving a personal identification code from the wireless communication device; using the received personal identification code and the stored personal information on the consumer to verify the identity of the consumer; verifying that the wireless communication device is in the same geographic area as the provider; in response to verifying the identity of the consumer and verifying that the wireless communication device is in geographic proximity to the provider, sending to a remote entity other than said single business entity a transaction request including information on the transaction and the credit card number, for initiation of a transaction approval process.