Patent · US Active

Methods and systems for processing transactions

US10424145B2 · kind B2 · utility

0Cited by

47References

2Claims

0Family size

Assignee

FIRST DATA CORPORATION · US

Inventors

SuZanne Rogers · Valley, US
Timothy Horton · Papillion, US
Gary J. Trainor · Duluth, US

Key dates

Filing date	May 1, 2018
Grant date	Sep 24, 2019
Priority date	—
Expiry date	May 1, 2038

Classification

Technology area (CPC G)Physics
CPC primaryG06Q40/04
WIPO fieldIT methods for management
WIPO sectorElectrical engineering

Abstract

Methods and systems are provided for processing a transaction between a first party and a second party. Information defining terms of the transaction and identifying a presentation instrument are received at a host system. Preference information associated with the presentation instrument is retrieved with the host system. The preference information specifies terms for an allocation of transaction amounts among multiple transaction types. An amount for the transaction is allocated among the transaction types in accordance with terms of the transaction and the terms for the allocation.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.