Patent · US Active

Method and system for conditional transactions

US7877297B2 · kind B2 · utility

17Cited by
1References
34Claims
0Family size

Assignee

Inventors

Key dates

Filing dateMay 19, 2008
Grant dateJan 25, 2011
Priority date
Expiry dateMay 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.