MOBILE DEVICE SECURE PAYMENT ACCEPTANCE FOR IN-STORE SHOPPING

摘要

Methods and systems for facilitating operation of mobile devices as either consumer payment devices and/or merchant payment devices for completing purchase transactions. A process includes a consumer mobile device initializing a two-sided payment application, receiving a handshake indication at a merchant location from a merchant device running a copy of the two-sided payment application, and establishing a communications path between the consumer mobile device and the merchant device via a remote network connection. Purchase transaction detail data is then exchanged, the purchase transaction detail data is transmitted to a mobile gateway computer for authorization processing, and both the mobile device processor and the merchant device processor receive an authorization message to consummate the purchase transaction.