Patent · US Active

Computing system implementing a network transaction service

US10572868B2 · kind B2 · utility

6Cited by
20References
20Claims
0Family size

Assignee

Inventor

Key dates

Filing dateOct 3, 2018
Grant dateFeb 25, 2020
Priority date—
Expiry dateOct 3, 2038

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q20/28
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A computing system implements a network transaction service in which prepaid cards physically residing at merchant locations. Users of the network transaction service can launch a service application to indicate a transaction at the merchant location. A transaction data set is then received from a point-of-sale terminal at the merchant location—corresponding to use of the prepaid card—which enables the computing system to fund the transaction from a shared funding source of the network transaction service. Subsequently, the computing system can access a customer account of the user to reimburse the shard funding account for an amount of the transaction.

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