METHOD AND SYSTEM FOR CARRYING OUT A TRANSACTION BETWEEN A MOBILE DEVICE AND A TERMINAL

摘要

A method of conducting a transaction between a user of a mobile electronic device (10) and a vendor includes determining a location of the mobile electronic device. At least one transaction terminal (64) that has a location-based relationship with the mobile electronic device is identified. A transaction code for authenticating the mobile electronic device during interaction of the mobile electronic device and the transaction terminal is provided to the identified transaction terminal and the mobile electronic device.