Patent · US Active

Effecting financial transactions

US7729984B1 · kind B1 · utility

35Cited by
2References
52Claims
0Family size

Assignee

Inventor

Key dates

Filing dateSep 24, 2003
Grant dateJun 1, 2010
Priority date
Expiry dateSep 13, 2028

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q40/00
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A financial account that represents value is maintained on behalf of an account holder. The financial account has a plurality of account identifiers that enable a party that presents a debit account identifier to effect a debit transaction in the account, or a party that presents a general account identifier to effect both debit and credit transactions in the account. A third party is permitted to effect a credit transaction in the account by presenting a credit identifier, which is an identifier different from the debit or general account identifiers. The credit identifier is insufficient to enable a third party to effect a debit transaction in the account.

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