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1. (WO2013149215) PRIORITIZING POTENTIAL TRANSACTION COUNTER-PARTIES WITH SOCIAL NETWORK CONTENT

Pub. No.:    WO/2013/149215    International Application No.:    PCT/US2013/034724
Publication Date: Fri Oct 04 01:59:59 CEST 2013 International Filing Date: Sat Mar 30 00:59:59 CET 2013
IPC: G06Q 20/20
G06Q 20/36
G06Q 50/30
Applicants: GOOGLE INC.
Inventors: GREEN, Travis Harrison, Kroll
COZENS, Narelle
PENNARUN, Avery
SCHMITT, Petter
DEPASQUALE, Michael
MIZHEN, Boris
Title: PRIORITIZING POTENTIAL TRANSACTION COUNTER-PARTIES WITH SOCIAL NETWORK CONTENT
Abstract:
A user installs a Peer-to-Peer Payment Application ("PPA") on their mobile device. The PPA transmits the location of the user device to a server located in a Peer-to-Peer Payment System ("PPS"). The PPS may search for other devices within a certain proximity to the user that may be active. The PPS may search the social network content of the user to determine if any of the proximate devices users are likely counter-parties. If more than one likely counter-party is identified, the PPS may rank the counter-parties according to a preconfigured set of factors that define the strength of the connection to the user. These factors may include their status in the user's social networks, frequency of contact, prior transactions, or other factors that further establish a relationship. The PPS may transmit the ranked list of likely counter-parties to the PPA for display to the user on the device.