System and method for payment of goods or services

Details System and method for payment of goods or services System and method for payment of goods or services

G - Physics

06

Q

G06Q 20/00 (2006.01)

Patent

CA 2586677

A method and system is disclosed for payment for goods or services. This disclosure provides a method whereby having cash or credit card in hand is not required to make a purchase. The method requires using information related to an account such as a credit card to process a request for a seat reservation or ticket to an event. Then a seat reservation or ticket to the event is issued. The user decides what the credit limit shall be extended for this event. In a second transaction typically days later at a location of the seat reservation or the event, for example on a aircraft wherein the location is different from the location of where the ticket was purchased the user can initiate a transaction. Upon request for goods or services by the ticket or card holder, using information associated with the seat reservation or ticket, a transaction for the purchase of the requested goods or services is initiated. A computer is used to debit the account for the purchase of the goods or services in dependence upon the information associated with the reservation seat or ticket.

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