REAL TIME SYSTEM AND METHOD FOR REMOTE PURCHASE PAYMENT AND REMOTE BILL PAYMENT TRANSACTIONS AND TRANSFERRING OF ELECTRONIC CASH AND OTHER REQUIRED DATA

摘要

A wireless/cellular terminal (1) and method is provided for allowing a user to perform remote purchase and bill payment transactions, and transferring of telecash and other required data to other terminals (2) or to the remote host computers (4) without using modem. In one embodiment, the terminal includes means for receiving and transmitting of bills and electronic cash directly to/from other terminals in a connectionless way without using the network (3). In the method of this invention, the payee's details such as account number, contact codes are sent/broadcast to the payee's terminal (e.g. mobile phone). The payer activates the payee's details upon which the bill and/or the required amount of telecash is sent to the payee's terminal or host computer. The terminal of this invention can operate as both the user's cellular/wireless electronic wallet and as his cellular/wireless telephone, thus providing a Mobile Wallet-Phone (MWP). By using MWP the user is able to send/receive payment messages and electronic cash directly to/from other terminals under a small terminal-to-terminal (1, 2) radio coverage or via the network (3). In another embodiment, the method of this invention provides a P-PIN (Payment-Personal Identification Number) process for user authentication which, when required, is used (in addition to the PIN-code which is used for mobile telephone services) to verify that the user has the right to use the terminal as his electronic wallet for paying by telecash or account transferring. In another embodiment of the method of this invention a bill inquiry is sent from other terminals or from the host computer to the user's terminal upon request of the user or automatically and/or continuously whenever the provided service requires so. In this case the user's terminal can be also a personal computer or television connected to the fixed internet or operating wirelessly.