Part-I - Controller General of Patents Designs and Trademarks

(12) PATENT APPLICATION PUBLICATION (21) Application No.1689/CHE/2011 A
(19) INDIA
(22) Date of filing of Application :18/05/2011 (43) Publication Date : 21/06/2013
(54) Title of the invention : METHODS AND SYSTEM TO PERFORM WIRELESS FINANCIAL TRANSACTIONS
(51) International classification :G06Q
(31) Priority Document No :NA
(32) Priority Date :NA
(33) Name of priority country :NA
(86) International Application No
:NA
Filing Date
:NA
(87) International Publication No : NA
(61) Patent of Addition to Application Number :NA
Filing Date
:NA
(62) Divisional to Application Number
:NA
Filing Date
:NA
(71)Name of Applicant :
1)INFOSYS TECHNOLOGIES LIMITED
Address of Applicant :IP CELL, PLOT NO 44,
ELECTRONICS CITY, HOSUR ROAD, BANGALORE - 560
100 Karnataka India
(72)Name of Inventor :
1)CHARUDATTA. M. GOSAVI
2)RAVI AJITBHAI BHOJANI
3)YOGESH PRAKASH THAKUR
4)RAKESH KUMAR
5)PRASHANT KUMAR SINHA
(57) Abstract :
A method, system and computer program product for performing a financial transaction at a transaction host are disclosed. The
method includes the step of receiving, at the transaction host, a first set of information from an electronic portable device. The
method further includes the step of identifying an associated account of a user using an identifier from the first set of information,
determining loyalty points accrued in the identified associated account; a value proportional to the loyalty points is then subtracted
from a first transaction amount to give a second transaction amount. The financial transaction worth the second transaction
amount is completed using the payment instrument details derived from the first set of information. The method also includes
automatically creating an account for the user using the identifier when the user doesn't have any past transaction associated with
the transaction host.
No. of Pages : 25 No. of Claims : 50
The Patent Office Journal 21/06/2013 13903