AutoInvent
Turn abandoned patents
into your own filing
Get Started
Patent drawing for Using Low-Cost Tags to Facilitate Mobile Transactions
US 20,140,258,127 A1
Business & commerce US 20,140,258,127 A1 Expired

Using Low-Cost Tags to Facilitate Mobile Transactions

This invention describes a system for buying physical items using a mobile phone and special low-cost tags. These tags, made from materials like paper or plastic, are affixed to objects and contain a unique code. A customer scans the tag with their phone to complete a purchase, bypassing traditional checkout systems. The patent's claims specifically detail a method for creating these tags in booklets, each tag having unique identifiers and a proof of payment number, which are then linked to product pricing in a central database.

Why it matters: Filed before the widespread consumer adoption of QR code payments and the maturation of cloud-based payment processing platforms. Building the "tag service provider database" and integrating payment systems, as described in the claims, is now significantly easier and more cost-effective.

Status
ExpiredProtection ended and was never renewed
How hard to build
SpecializedSoftware system, database, payment processing, tag manufacturing.

3 AI reinvention directions for this patent

See all three

AI gives you a few directions you could take this. Pick one, and we check whether your version is different enough to patent, then write the filing.

Reinvent this with AI

Where this one came from

Every morning we go through millions of abandoned patents and pick out 15 worth your time. This was one of today’s.