Yahoo Assets LLC

Verizon Media Inc.

Philip J Philliou

Timothy J Lemmon

Jonathan I Brod

Dean S Pappas

Kenneth H Dichter

Methods are disclosed for processing electronic transactions between a merchant and a consumer based on physical geography. A method includes receiving payment data associated with a consumer payment card; transmitting the payment data, over a network, to a third party; receiving, over the network, information for determining whether a geofence associated with the merchant matches a geofence associated with the consumer; and processing a transaction with the consumer based on whether the consumer geofence ID matches a geofence ID associated with the merchant. Systems for processing electronic transactions between a merchant and a consumer based on physical geography are also disclosed.

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Haworth, NJ, United States of America

Philip J Philliou