Convergent communications system and method with a rule set for authorizing, debiting, settling and recharging a mobile commerce account

US7248855B2 · kind B2 · utility

Assignee

• UPAID SYSTEMS, LTD. · VG

Inventors

• Simon James Joyce · Bangkok, TH
• Murali Goparaju · Hyderabad, IN
• Sundaram Mohan Kumar · Hyderabad, IN
• Radhakrishnan Subhashree · Hyderabad, IN
• Michel Heitstuman · Washington, US

Key dates

• Filing date: Mar 14, 2002
• Grant date: Jul 24, 2007
• Expiry date: Nov 16, 2022

Classification

• Technology area (CPC H): Electricity
• CPC primary: H04Q2213/13405
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A rule set is used to determine at least one rule for authorizing a transaction debiting an account of an authorized user. Subsequently, the account is debited, according to the at least one rule, in real time if the transaction is authorized. The real time debit is settled with transaction providers in accordance with at least one settlement rule. If it is determined that the authorized user does not have sufficient funds in an authorized user account to debit for the transaction, the authorized user account may be recharged by a recharge routine that includes determining a recharge user account to transfer funds from and authorizing the transfer by at least one of referring to a pre-authorized transfer and requesting authorization from the authorized user. The transaction may be requested and the transaction providers may be connected via heterogeneous networks.