Patent · US Active

Financial transaction gateway systems and methods

US11669815B1 · kind B1 · utility

1Cited by
27References
20Claims
0Family size

Assignee

Inventors

Key dates

Filing dateJul 15, 2016
Grant dateJun 6, 2023
Priority date
Expiry dateJun 8, 2038

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q50/34
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A system for processing a transaction is described. The system may comprise two summary and turns on a logic component configured for processing the transaction and a memory communicatively coupled to the logic component. The memory may have instructions stored thereon that, in response to execution by the logic component, cause the logic component to receive a request for funds, determine a transaction type associated with the request for funds, aggregate a plurality of transaction requirements based upon the transaction type, analyze transaction data associated with the request for funds, compare the transaction data to the plurality of transaction requirements, determine that the transaction data satisfies each of the plurality of transaction requirements, submit the request for funds to one of a plurality of payment processors, and transmit the transaction response to a client device, where the transaction response comprises one of an approval message or a declined message.

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