Posted by Fox on September 4, 2007 at 12:59 PM
Last week Google applied to patent one of the cornerstones of mobile commerce - billing by SMS. Details of the invention, entitled "Text message payment", are scant in the application that was published on Thursday. But US 2007/0203836 does, however, illustrate the extent of Google's ambitions. It envisages payments for conventional retail shopping (for example at Starbucks or McDonald's), as well as browser-based surfing, and SMS services such as ringtones.
The invention is, according to the application:
A computer-implemented method of effectuating a payment, comprising: receiving at a computer server system a text message from a payor containing a payment request comprising a payment amount sent by a payor device operating independently of the computer server system; debiting a payor account for an amount corresponding to the amount of the payment request; and crediting a payee account that is independent of the computer server system.
via : theregister.co.uk
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