Methods for augmented/virtual-reality transaction systems for enabling rapid transactions with deferred payment obligation and limited user interaction

Abstract

Methods for rapid micro-payment transactions with deferred payments employ a network-connected AR device ('HMD') having sensors for detecting a user's gaze/physical commands. Such methods comprise: receiving information from the HMD indicating a selected real-world/virtual content item for a potential transaction; causing the HMD to display a virtual transaction management widget (“TMW”) showing the selected item's cost, maximum threshold amount before triggering settlement; and any prior unsettled payment obligations; receiving further information from the HMD confirming the potential transaction based on the user's gaze/physical command; transmitting an authorization signal to a merchant offering the selected item without concurrently requiring payment when the selected item's cost and prior unsettled payment are less than the maximum threshold amount; and transmitting a signal to a payment system for settlement of the balance when the selected item's cost and any unsettled payment are equal/greater than the maximum threshold; and updating the displayed TMW accordingly.