Method and system for conditional transactions
US7877297B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | May 19, 2008 |
| Grant date | Jan 25, 2011 |
| Priority date | — |
| Expiry date | May 19, 2028 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/12
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method and system for conditional transactions are provided. The system provides one or more master accounts wherein each master account is tied to and controlled by one or more subordinated accounts. Each subordinated account may have a configurable/customizable set of permissions defined by the master account. The subordinated account holder would optionally require permission from the master account holder to complete a purchase. The master account holder would have a number of configurable/customizable permission rules to choose from for each subordinate account.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.