Systems and method for integrating multiple interaction arrangements

US7647246B2 · kind B2 · utility

Assignee

• FIRST DATA CORPORATION · US

Inventors

• Michael F. Rodin · Greenwood Village, US
• David Baumgartner · Parker, US
• Eric W. Eldred · North Salt Lake, US
• Erik S. Crawford · Gilbert, US
• Karen Larsen · Taylorsville, US
• Kenneth Timbers · Englewood, US
• Kevin Harte · Denver, US
• Terra Geiger · Boulder, US

Key dates

• Filing date: Oct 6, 2004
• Grant date: Jan 12, 2010
• Expiry date: Apr 21, 2026

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q40/02
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Methods and systems are provided for executing such a bilateral action. A communication is received at a host system. A determination is made that the communication identifies a physical instrument that identifies an account of stored value. A request is transmitted to another host system to debit the account by an amount identified in the communication to support the bilateral action. A confirmation is received from the other host system that the account of stored value has been debited. An approval for the bilateral action is transmitted to an originating communications device.