Patent · US Expired

Method and apparatus for tracking multiple payment resources and charging transactions to payment resources in on line transaction processing system

US6047267A · kind A · utility

69Cited by
7References
17Claims
0Family size

Assignee

Inventors

Key dates

Filing dateMay 14, 1997
Grant dateApr 4, 2000
Priority date
Expiry dateMay 14, 2017

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q40/02
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

Disclosed is a container object that allows a user to define new payment resources without requiring the user to redesign a relational database system used for persistent storage of transaction information. An object server maps data that is represented in transient memory according to an object-oriented scheme to data that is represented in persistent memory according to a relational database scheme. The object server generates appropriate tables and columns for a relational database scheme automatically so that the object-oriented scheme generated by a user may be efficiently stored and searched in persistent memory. Preferably, array elements are represented as rows in a table, not as columns so that storage space is not wasted with place holder data. In certain embodiments, a rating engine is provided that searches available rates and creates a rate stack for the purpose of authorizing transactions and adjusting payment source balances when authorization events or payment events occur.

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