Global online retailer Amazon has filed a patent with the US Patent office for an anonymous mobile payment system in which Amazon will serve as an intermediary between parties to a transaction.
The method of exchange will enable users to make and receive payments without having to disclose their personal or private information to other parties. Amazon is reportedly endorsing the system as a way to address users’ concerns over privacy.
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The patent summary stated that under certain conditions, the provider of a payment may request an anonymous payment for a specific price from a host. The host may respond by transmitting a redeemable code to the provider, who may relay the code to a recipient. The recipient may then redeem the code from the host. The codes of these anonymous payments may include expiration times and/or restrictions on the usage of the code.
In February, Amazon announced plans to introduce its own virtual currency for users to purchase items such as apps and games on the Kindle Fire.
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