METHODS AND SYSTEMS FOR PERFORMING TRANSACTIONS WITH A WIRELESS DEVICE

摘要

To verify and authenticate transactions base on the locational information transmitted from the wireless device to the host for the purposes of limited geographical regions or may only be used in a certain geographic Areas based on the transmitted information from the wireless device to the host system. As it is defined by methods and systems providing initiation of a wireless device for use in performing transactions. A wireless communication is received from the wireless device at a host system. The wireless communication identifies a financial account to be authorized for use in supporting transactions. A location-positioning signal is received at the host system. The location-positioning signal identifies a geographical location for the wireless device at a time when the wireless communication is received at the host system. The geographical location is determined from the location-positioning signal. An authorized address for the financial account is retrieved from a storage device in communication with the host system. It is verified that the geographical location is at a position substantially the same as the authorized address. Information defining an account transaction mechanism is transmitted wirelessly to the wireless device. The information includes an identification of the financial account.