Abstract: A system, method, and computer-readable medium that facilitate mobile acquisition of a loan are provided. A mobile loan system may communicatively interface with a financial institution that provides loans to mobile subscribers. A credit evaluation provider may evaluate the credit worthiness of the mobile terminal user based on a payment history of the mobile terminal account of the user. An insurance provider may issue an insurance policy against the loan to indemnify the loan provider. An invoice for the loan balance, and fees associated therewith, may be issued with the mobile terminal account service statement.

Abstract: A system, method, and computer-readable medium for user authentication and mobile payment authorization are provided. A user operating a mobile terminal may submit a product for purchase at a point-of-sale and submit the user's phone number and personal identification number thereto. An authentication and authorization process is then performed to authenticate the user and authorize the purchase. Upon authentication and authorization, a one-time-password is transmitted to the point-of-sale and the user's mobile terminal. The user provides the one-time-password as input to the point-of-sale which compares the one-time-password provided by Mobile Payment System with the one-time-password provided by the user to determine whether to approve or deny the purchase. Multiple users each having different authorization levels and purchase limits may be associated with a common account, and each user may have a distinct identifier used to authenticate the particular user of the account.

Abstract: A method comprises receiving, at a payment media interface associated with a remote merchant machine, a signal from a mobile customer premise device. The mobile customer premise device includes a set of device identification data. In response to receiving the signal, the remote merchant machine communicates a remote merchant machine identification code to the mobile customer premise device. The method further comprises receiving, through a network interface of the remote merchant machine, a purchase authorization and customer account data from a payment processing system.