Patent · US Active

Pre-approval financial transaction providing system and method therefor

US11429963B2 · kind B2 · utility

0Cited by
4References
13Claims
0Family size

Assignee

Inventors

Key dates

Filing dateApr 27, 2017
Grant dateAug 30, 2022
Priority date
Expiry dateJul 20, 2037

Classification

  • Technology area (CPC H)Electricity
  • CPC primaryH04L63/0876
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

The present invention relates to providing a financial transaction and, more particularly, to a system and method for proceeding with a financial transaction in a financial terminal such as an automated teller machine (ATM) using an approval number resulting from pre-approval. The present invention is directed to providing a system and method for proceeding with a financial transaction, such as a cash withdrawal or a purchase of a gift certificate, by obtaining transaction approval in advance with a portable terminal through communication with a financial institution server or the like and then transferring only a result of the transaction approval to an ATM or the like.

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