WO2017074752A1

WO2017074752A1 - Method and system for performing commercial transactions relating to or purchased from a vehicle

Info

Publication number: WO2017074752A1
Application number: PCT/US2016/057582
Authority: WO
Inventors: Ashutosh Sharan
Original assignee: Mastercard International Inc
Current assignee: Mastercard International Inc
Priority date: 2015-10-27
Filing date: 2016-10-19
Publication date: 2017-05-04
Anticipated expiration: 2018-04-27
Also published as: US20170116600A1; SG10201508868RA

Abstract

A computer-implemented method is proposed for performing commercial transactions relating to or purchased from a vehicle. The method comprises: a merchant server identifying a vehicle in relation to which the transaction is to be performed and a digital wallet associated with the vehicle and sending a payment request to a wallet service associated with the digital wallet; the merchant server receiving authentication of the payment request from the wallet service and details of a user-specified payment mechanism stored in the digital wallet; and the merchant server transmitting the details of the payment mechanism along with details of the transaction to a payment network to complete the transaction.

Description

METHOD AND SYSTEM FOR PERFORMING COMMERCIAL TRANSACTIONS RELATING TO OR PURCHASED FROM A VEHICLE

CROSS REFERENCE TO RELATED APPLICATION

This application claims priority to and the benefit of the filing date of

Singapore Application Serial No. 10201508868R, filed October 27, 2015, which is hereby incorporated by reference in its entirely.

FIELD OF THE INVENTION

The present invention relates to a method and system for performing commercial transactions relating to or purchased from a vehicle.

BACKGROUND

Many commercial transactions relating to vehicles take place. For example, the purchasing of fuel, parking charges, toll charges, car insurance, car servicing and speeding and parking infringements. In addition, with the advent of internet-enabled vehicles other goods/service may be purchased from a car such as on-demand car entertainment or in-car concierge services (including, for example, restaurant booking, gift ordering and purchasing of entertainment tickets).

There is therefore a need to provide an improved method and system for performing commercial transactions relating to or purchased from a vehicle.

SUMMARY OF THE INVENTION

In accordance with a first aspect of the invention there is provided a computer-implemented method for performing commercial transactions relating to or purchased from a vehicle comprising:

a) a merchant server identifying a vehicle in relation to which the transaction is to be performed;

b) the merchant server identifying a digital wallet associated with the vehicle; c) the merchant server sending a payment request to a wallet service associated with the digital wallet;

d) the merchant server receiving authentication of the payment request from the wallet service; e) the merchant server receiving details of a user-specified payment mechanism stored in the digital wallet; and

f) the merchant server transmitting the details of the payment mechanism along with details of the transaction to a payment network to complete the transaction.

Embodiments of the present invention have the advantage that payment can be requested directly from a vehicle's associated wallet, without the merchant having to know details of the vehicle owner in order to invoice for the charges incurred. All the merchant needs to do is to identify the vehicle (e.g. by way of a vehicle registration number). Tt is believed that embodiments of the invention will significantly simplify and accelerate the processing of commercial transactions relating to or purchased from a vehicle as they can be requested electronically in a quick and easy manner at the time the charges are incurred. Conveniently, embodiments of the invention can facilitate all transactions between a vehicle-owner and vehicle-related goods/services.

The wallet service could be a server-side wallet (i.e. set up by the merchant) or a client-side wallet (i.e. set up by the user).

Step f) may be carried out in the form of a business-as-usual transaction whereby the merchant server sends an authorisation request to the payment network via a payment gateway. An acquirer then processes the request and transmits it to an issuer bank associated with the payment mechanism. Once approved by the issuer bank, the payment is transferred to the acquirer for storing in the merchant account

The payment request may relate to one or more of the following: fuel, parking charges, toll charges, vehicle insurance, vehicle servicing, speeding and parking infringements (or other Police-administered fines); in-vehicle entertainment; and m-vehicle concierge services (including, for example, restaurant booking, gift ordering and purchasing of entertainment tickets).

The vehicle may be identified by one or more of: a vehicle registration number/code; vehicle make and model year of vehicle registration; vehicle owner details (e.g. name and/or address).

The digital wallet may be configured to receive pre-paid funds (e.g. from an owner's bank account). In this way, the owner may select an amount to pay into the digital wallet (e.g. on an ad hoc, daily, weekly, monthly, quarterly or annual basis). It is believed that such a system will carry less risk of unauthorised transactions than if the wallet was linked directly to the owner's bank account or credit card, for example, if the vehicle and/or digital wallet were stolen. However, in some embodiments, the digital wallet may be linked to another type of payment mechanism such as a credit card or debit card.

As used in this document, the term "payment card" or "payment mechanism" refers to any suitable cashless payment device, such as a credit card, a debit card, a prepaid card, a charge card, a membership card, a promotional card, a frequent flyer card, an identification card, a gift card, and/or any oilier device that may hold payment account information, such as mobile phones, Smartphones, personal digital assistants (PDAs), key fobs, transponder devices, NFC-enabled devices, tablets and/or computers.

The digital wallet may be stored in the vehicle. For example, a device may be provided in the vehicle, incorporated into the vehicle as a part thereof or fitted thereto (either on manufacture or during a retro-fit), which comprises the digital wallet associated with die vehicle.

In some embodiments, the digital wallet may alternatively or additionally, be stored on a remote (e.g. cloud) server and accessed via the internet

The vehicle may be constituted by a car, van, truck, bus, caravan, motorhome, motorbike, bicycle, boat, train, aeroplane, helicopter or other vehicle.

The vehicle may be internet-enabled (i.e. capable of communication over the internet).

In some embodiments, me vehicle may comprise a wireless communication device (e.g. a near-field communication (NFC) device) for communication with a co-operating merchant device. In this way, communication between the vehicle's digital wallet and the merchant server may be direct or through a local area network (LAN) as opposed to over the internet. Such a system may be advantageous for purchases at a fuel station, parking lot or toil gate as well as on-the- spot fines charged by Police officers.

The merchant server may identify the vehicle by any suitable means.

For example, the merchant server may identify the vehicle from a database (e.g. in the case of vehicle insurance/servicing companies) or GUI (e.g. for data input by Police officers). In other embodiments, the vehicle may be identified by an

optical/electronic reader (e.g. that reads a vehicle registration from a video feed or that scans a vehicle barcode). In some embodiments, a detector may be used to detect an electronic signal emitted from a vehicle transmitter (e.g. a NFC device such as an RFID tag provided on the vehicle).

More specifically, when a vehicle enters an area such as a fuel, station, the vehicle registration number may be read electronically as soon as the car enters the area. In other embodiments, a handheld mobile device may be used to initiate a payment (e.g. to request payment for a police ticket the police could have a device to initiate payment from the digital wallet via the internet or a NFC device).

Furthermore, service providers (e.g. insurance providers) could bill the vehicle's digital wallet directly over the internet using just the vehicle identification.

The merchant server will therefore identify the vehicle and send a payment request to the digital wallet associated with the vehicle.

When the payment request is received by the digital wallet, an authentication process is initiated.

The authentication process may comprise seeking approval of the requested payment from a user of the digital wallet The user may be the owner of the digital wallet and/or the owner of the vehicle. In some embodiments, the user may be authorised (by the owner of the wallet/vehicle) to make payments from the digital wallet

Approval of the requested payment may be made through a GUI (e.g. on the vehicle or through a smartphone, tablet or computer). The GUI may comprise voice recognition or a retina or fingerprint scan. In other embodiments, a password or

PIN may be required to approve the payment

If the approval is granted (i.e. if the user's voice, retina, fingerprint, password or PIN sufficiently matches that stored in the digital wallet and or in an authentication database), the payment request is authorised and the funds

subsequently transferred to the merchant

In some embodiments, the authentication process may comprise checking whether the user wishes to proceed with the transaction or not For example, in the case of vehicle insurance, the user may decide to change to a different provider and therefore not accept a payment request from their previous provider.

One or more of the steps in the method may require internet communication to/from the vehicle. If the vehicle is not connected to the internet

(e.g. because it is out of range) at the time that a step is to be performed, data associated with the step may be stored in a buf fer for subsequent communication when the vehicle is connected to the internet

In accordance with a second aspect of the invention there is provided a computer system for performing commercial transactions relating to or purchased from a vehicle comprising a processor configured for:

a) identifying a vehicle in relation to which the transaction is to be performed;

b) identifying a digital wallet associated with the vehicle;

c) sending a payment request to a wallet service associated with the digital wallet;

d) receiving authentication of the payment request from the wallet service; e) receiving details of a user-specified payment mechanism stored in the digital wallet; and

f) transmitting die details of the payment mechanism along with details of the transaction to a payment network to complete the transaction.

The system may further comprise one or more of: a database of vehicle identities; a GUI for a merchant to input a vehicle identity; an optical/electronic reader for identifying a vehicle; or a detector for identifying a vehicle.

The system may further comprise an authentication engine for authenticating the payment request The authentication engine may be configured to seek approval of the requested payment from a user of the digital wallet; to receive an input from the user, and to verify that the input matches that stored in the digital wallet and or in an authentication database. The input may comprise the user's voice, retina, fingerprint password or PIN. The system may therefore further comprise an input device in the form of a GUI (which may comprise a voice recognition device or a retina or fingerprint scanner).

The invention may be implemented in the form of a centralised computer system (e.g. a merchant server) which presents an interface to which users and merchants may connect (e.g. over the internet).

The optional method features described above may be implemented using the computer system according to the second aspect of the invention.

In accordance with a third aspect of the invention there is provided a non-transitory computer-readable medium having stored thereon program instructions for causing at least one processor to perform the method according to the first aspect of the invention.

In accordance with a fourth aspect of the invention there is provided a device comprising a memory having stored therein a digital wallet associated with a vehicle for performing commercial transactions relating to or purchased from the vehicle. The device may be provided in the vehicle and/or located remotely (e.g. as a remote server) mat can be connected to over the internet

In accordance with a fourth aspect of the invention there is provided a vehicle comprising the device according to the fourth aspect of the invention.

BRIEF DESCRIPTION OF THE DRAWINGS

Embodiments of the invention will now be described, by way of example only, with reference to the following drawings, in which:

Fig. 1 is a flowchart of a computer-implemented method according to an embodiment of the present invention; and

Fig. 2 is a block diagram of a computer system according to an embodiment of the present invention.

DETAILED DESCRIPTION OF CERTAIN EMBODIMENTS - In accordance with an embodiment of the present invention there is provided a computer-implemented method 10 for performing commercial transactions relating to or purchased from a vehicle, as illustrated in Figure 1. In particular, the method comprises a merchant server carrying out the following steps:

Step 12: identify a vehicle in relation to which the transaction is to be performed;

Step 14: identify a digital wallet associated with the vehicle;

Step 16: send a payment request to a wallet service associated with the digital wallet;

Step 17: receive authentication of the payment request from the wallet service;

Step 18: receive details of a user-specified payment mechanism stored in the digital wallet; and

Step 19: transmit the details of the payment mechanism along with details of the transaction to a payment network to complete the transaction. Figure 2 shows a block diagram of a computer system 20 according to an embodiment of the present invention. The computer system 20 is configured for performing commercial transactions relating to or purchased from a vehicle 21, in accordance with the method described above, and comprises a device including a memory 22 and a merchant server 24. The memory 22 has a digital wallet associated with a vehicle 21 stored thereon while the merchant server 24 is configured for: identifying the vehicle 21 in relation to which the transaction is to be performed; identifying a digital wallet associated with the vehicle 21 ; sending a payment request to a wallet service 38 associated with the digital wallet receiving authentication of the payment request from the wallet service 38; receiving details of a user-specified payment mechanism stored in the digital wallet; and transmitting the details of the payment mechanism along with details of the transaction to a payment network 36 to complete the transaction.

More specifically, after the vehicle has been identified, the merchant server 24 may identify the digital wallet associated with the vehicle 21 by looking up the vehicle information in a database. Alternatively, the merchant server 24 may communicate directly with the vehicle 21 to determine details of the digital wallet For example, the wallet may be incorporated into a device that transmits a near field communication (NFC) signal identifying itself and the server 24 may be connected to an input device configured to receive such a signal and transmit details of the wallet to the server 24. The server may men transmit a signal to a digital wallet service 38 associated with the wallet. The digital wallet service 38 may be provided at the client-side (e.g. as an application installed in the vehicle 21) such mat it can be communicated with via NFC or h may be provided at a wallet server-side and communicated with via the internet.

The system further includes an authentication engine 28, operated by the wallet service 38 for authenticating the payment request by seeking approval of the requested payment from a user of the digital wallet 22, receiving an input from the user through an authentication input device 30 and verifying that the input matches mat stored in an authentication database 32.

In this case, the authentication input device 30 is in the form of a GUI configured for a user to input their voice through a voice recognition module.

However, in other embodiments the user may authenticate a transaction by scanning their retina or fingerprint or by inputting a password or PIN. Furthermore, in the present embodiment, a merchant input device 34 is provided in the form of an optical reader configured to identify the vehicle 21 so that payment can be requested from the associated digital wallet 22. In other

embodiments, the merchant input device 34 may be in the form of a database of vehicle identities; a GUI for a merchant 26 to input a vehicle identity; or a detector configured to identify a vehicle (e.g. from an RFID tag in the vehicle).

Although not shown, the computer system 20 may further comprise a GUI for presenting information to an operator. Furthermore, the computer system 20 may comprise a distributed system with one or more components (e.g. databases) distributed over a network (e.g. the internet). Alternatively, the computer system 20 may comprise a personal computer (PC) or a mobile device, such as a tablet computer or a smartphone.

In the present embodiment, the payment request may arise from a fuel station which identifies the vehicle 21 by scanning its registration plate as it enters the fuel station. The fuel pump will then register the amount of fuel consumption and the associated cost and will make a payment request accordingly to the vehicle's digital wallet which is stored in the vehicle's memory 22. The user (i.e. driver) will then be asked to authenticate the payment using the voice recognition input device 30 in the vehicle 21. The authentication engine 28 will check mat the user's voice matches that in the authentication database 32 before permitting the payment to be made from a user-identified payment mechanism stored in the digital wallet 22 to the merchant 26 (i.e. fuel station). In this case, the digital wallet 22 is pre-paid with funds from the user's bank account and the transaction will proceed as long as there are sufficient funds to cover the payment

For completeness, it should be understood that, once authorised, the transaction will be completed a standard way. For example, the merchant server will send a transaction request to the payment network 36 via a payment gateway. An acquirer will then process the request and transmit it to an issuer bank associated with the payment mechanism identified in the transaction request. Once approved by the issuer bank, the payment will be transferred to the acquirer for storing in the merchant account

As explained above, embodiments of the present invention have the advantage that commercial transactions relating to or purchased from a vehicle 21 can quickly and easily be initiated by the merchant 26 identifying the vehicle and sending a payment request to the vehicle's digital wallet 22. However, for security purposes the transaction will only be completed if the user of the digital wallet 22 authorises the payment and this is verified by the system 20.

Although only a single system and method according to embodiments of the present invention have been described in detail, many variations are possible in accordance with the appended claims.

Claims

Claims 1. A computer-implemented method for performing commercial transactions relating to or purchased from a vehicle comprising:

b) the merchant server identifying a digital wallet associated with the vehicle; c) the merchant server sending a payment request to a wallet service

associated with the digital wallet;

d) the merchant server receiving authentication of the payment request from the wallet service;

e) the merchant server receiving details of a user-specified payment

mechanism stored in the digital wallet; and

2. The method according to claim 1 wherein the payment request relates to one or more of the following: fuel, parking charges, toll charges, vehicle insurance, vehicle servicing, speeding infringements, parking infringements; other Police-administered fines; in-vehicle entertainment; and in-vehicle concierge services.

3. The method according to either preceding claim wherein the vehicle is identified by one or more of: a vehicle registration number/code; vehicle make and model; year of vehicle registration; vehicle owner details.

4. The method according to any preceding claim wherein the digital wallet is configured to receive pre-paid funds.

5. The method according to any preceding claim wherein the digital wallet is linked to at least one payment mechanism.

6. The method according to any preceding claim wherein the digital wallet is stored in the vehicle.

7. The method according to claim 6 wherein a device is provided in the vehicle, incorporated into the vehicle as a part thereof or fitted thereto, which comprises the digital wallet associated with the vehicle.

8. The method according to any one of claims 1 to 5 wherein the digital wallet is stored on a remote server and accessed via the internet

9. The method according to any preceding claim wherein the vehicle is constituted by a car, van, truck, bus, caravan, motorhome, motorbike, bicycle, boat, train, aeroplane or helicopter.

10. The method according to any preceding claim wherein the vehicle is internet- enabled.

11. The method according to any preceding claim wherein the vehicle comprises a wireless communication device for communication with a co-operating merchant device.

12. The method according to any preceding claim wherein the merchant server identifies the vehicle from a database; a GUI; an optical/electronic reader or a detector.

13. The method according to any preceding claim wherein the step of authenticating the payment request comprises seeking approval of the requested payment from a user of the digital wallet

14. The method according to claim 13 wherein approval of the requested payment is made by user input through a GUI.

15. The method according to claim 14 wherein the GUI comprises voice recognition or a retina or fingerprint scan.

16. The method according to claim 14 wherein the user inputs a password into the GUI to approve the requested payment

17. The method according to claim 14 wherein the user input is compared to a reference input stored in the digital wallet and/or m an authentication database and the payment request is authorised when the user input and the reference input are deemed to match.

18. The method according to any preceding claim further comprising checking whether the user wishes to proceed with the transaction or not

19. The method according to any preceding claim wherein if the vehicle is not connected to the internet at the time that one or more of the method steps are to be performed, data associated with the step(s) is stored in a buffer for subsequent communication when the vehicle is connected to the internet

20. A computer system for performing commercial transactions relating to or purchased from a vehicle comprising a merchant server configured for:

a) identifying a vehicle in relation to which the transaction is to be performed; b) identifying a digital wallet associated with the vehicle;

f) transmitting the details of the payment mechanism along with details of the transaction to a payment network to complete the transaction.

21. The system according to claim 20 further comprising a merchant server input device in the form of one or more of: a database of vehicle identities; a GU for a merchant to input a vehicle identity; an optical/electronic reader for identifying a vehicle; or a detector for identifying a vehicle.

22. The system according to one of claims 20 or 21 further comprising an authentication engine for authenticating the payment request.

23. The system according to claim 22 wherein the authentication engine is configured to seek approval of the requested payment from a user of the digital wallet; to receive an input from the user; and to verify that the input matches that stored in the digital wallet and/or in an authentication database.

24. The system according to claim 23 further comprising an authentication input device in the form of a GUI.

25. The system according to claim 24 wherein the GUI is configured for a user to input their voice, scan their retina or fingerprint or input a password or PIN.

26. A non-transitory computer-readable medium having stored thereon program instructions for causing at least one processor to perform the method according to any one of claims 1 to 19.

27. A device comprising a memory having stored therein a digital wallet associated with a vehicle for performing commercial transactions relating to or purchased from the vehicle.

28. A vehicle comprising the device according to claim 27.