The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Apr. 25, 2023
Filed:
Sep. 14, 2020
System and method for authorizing a transaction based on dynamic location updates from a user device
Ondot Systems Inc., Santa Clara, CA (US);
Vaduvur Bharghavan, Morgan Hill, CA (US);
Aurovinda Gangam, Santa Clara, CA (US);
Pawan Kumar Maram, Bangalore, IN;
Bharanidharan Gunasekaran, Bangalore, IN;
ONDOT SYSTEMS INC., Santa Clara, CA (US);
Abstract
A method and system for processing a payment authorization request associated with a payment card is provided. The method comprises: receiving by a server location, updates from a user device based on at least one criterion for location updates from the user device; determining by the server, a cardholder's location based on the location updates; determining by the server, a transaction location based on analysis of a payment authorization request associated with a transaction; generating by the server, at least one of a transaction authorization approval and a transaction authorization denial in connection with the payment authorization request based on selectively matching the transaction location with the cardholder's location at the time of the transaction.