WO2015029064A3 - A computer implemented system and method for facilitating cardless transactions - Google Patents

A computer implemented system and method for facilitating cardless transactions Download PDF

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Publication number
WO2015029064A3
WO2015029064A3 PCT/IN2014/000549 IN2014000549W WO2015029064A3 WO 2015029064 A3 WO2015029064 A3 WO 2015029064A3 IN 2014000549 W IN2014000549 W IN 2014000549W WO 2015029064 A3 WO2015029064 A3 WO 2015029064A3
Authority
WO
WIPO (PCT)
Prior art keywords
cash
customer
dispensing
transaction
interface
Prior art date
Application number
PCT/IN2014/000549
Other languages
French (fr)
Other versions
WO2015029064A2 (en
Inventor
Mandar Agashe
Original Assignee
Mandar Agashe
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by Mandar Agashe filed Critical Mandar Agashe
Publication of WO2015029064A2 publication Critical patent/WO2015029064A2/en
Publication of WO2015029064A3 publication Critical patent/WO2015029064A3/en

Links

Classifications

    • G—PHYSICS
    • G07—CHECKING-DEVICES
    • G07F—COIN-FREED OR LIKE APPARATUS
    • G07F19/00—Complete banking systems; Coded card-freed arrangements adapted for dispensing or receiving monies or the like and posting such transactions to existing accounts, e.g. automatic teller machines
    • G07F19/20—Automatic teller machines [ATMs]
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/30—Payment architectures, schemes or protocols characterised by the use of specific devices or networks
    • G06Q20/32—Payment architectures, schemes or protocols characterised by the use of specific devices or networks using wireless devices
    • G06Q20/322—Aspects of commerce using mobile devices [M-devices]
    • G06Q20/3223—Realising banking transactions through M-devices
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/38—Payment protocols; Details thereof
    • G06Q20/385—Payment protocols; Details thereof using an alias or single-use codes

Abstract

The present disclosure envisages a computer implemented system and method for facilitating cardless transactions between a customer device and a cash-dispensing-receiving machine. The system is accessible via a communication network and there are provided two types of interfaces namely, a cash machine interface and a customer interface. The cash-dispensing-receiving machines are registered with the system with respect to it's association with a financial institution. The cash machine interface is installed and executed on the cash-dispensing-receiving machine and the customer interface is installed and executed on the customer device. The customer initiates the transaction by requesting for a One Time Password (OTP) via a communication network. A transaction server of the system receives the request from the customer device and generates the OTP for the transaction. The customer transmits the OTP received from the transaction server to the cash-dispensing-receiving machine for the purpose of completing the initiated transaction.
PCT/IN2014/000549 2013-08-27 2014-08-27 A computer implemented system and method for facilitating cardless transactions WO2015029064A2 (en)

Applications Claiming Priority (2)

Application Number Priority Date Filing Date Title
IN2789/MUM/2013 2013-08-27
IN2789MU2013 IN2013MU02789A (en) 2013-08-27 2013-08-27

Publications (2)

Publication Number Publication Date
WO2015029064A2 WO2015029064A2 (en) 2015-03-05
WO2015029064A3 true WO2015029064A3 (en) 2015-06-04

Family

ID=52587444

Family Applications (1)

Application Number Title Priority Date Filing Date
PCT/IN2014/000549 WO2015029064A2 (en) 2013-08-27 2014-08-27 A computer implemented system and method for facilitating cardless transactions

Country Status (2)

Country Link
IN (1) IN2013MU02789A (en)
WO (1) WO2015029064A2 (en)

Families Citing this family (4)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US10614442B2 (en) 2014-12-03 2020-04-07 Mastercard International Incorporated System and method of facilitating cash transactions at an ATM system without an ATM card using mobile
CN105096474A (en) * 2015-06-29 2015-11-25 百度在线网络技术（北京）有限公司 Method and device for withdrawing cash without card
SG10201508945YA (en) * 2015-10-29 2017-05-30 Mastercard International Inc Method and system for cardless use of an automated teller machine (atm)
CN105872070B (en) 2016-04-28 2019-02-12 腾讯科技（深圳）有限公司 System, the method and device for supporting cash currency to exchange

Citations (2)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US20110078031A1 (en) * 2009-09-30 2011-03-31 Ebay, Inc. Secure transactions using a point of sale device
WO2012151685A1 (en) * 2011-05-11 2012-11-15 Mark Itwaru Split mobile payment system

Patent Citations (2)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US20110078031A1 (en) * 2009-09-30 2011-03-31 Ebay, Inc. Secure transactions using a point of sale device
WO2012151685A1 (en) * 2011-05-11 2012-11-15 Mark Itwaru Split mobile payment system

Also Published As

Publication number Publication date
IN2013MU02789A (en) 2015-07-03
WO2015029064A2 (en) 2015-03-05

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