Computing system implementing reservation monitoring and shared fund transaction processing
US11030550B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Aug 1, 2019 |
| Grant date | Jun 8, 2021 |
| Priority date | — |
| Expiry date | Aug 1, 2039 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q20/349
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A computer system can implement a network transaction service through communications with computing devices of users of the service, a reservation store of registered businesses, and point-of-sale terminals of the registered businesses. The computer system can access the reservation store to detect a reservation made by a respective user of the network transaction service with a selected business. The computer system can then receive a request made by the respective user to utilize the network transaction service at a merchant location of the selected business within a predetermined threshold after a reservation time. The computer system can then receive transaction data from a point-of-sale terminal of the selected business, fund the transaction using a shared funding account of the network transaction service, and transfer funds from a customer account of the respective user to the shared funding account in an amount corresponding to the transaction.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.