Multi currency exchanges between participants of a networked-based transaction facility
US8249990B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Aug 18, 2011 |
| Grant date | Aug 21, 2012 |
| Priority date | — |
| Expiry date | Aug 18, 2031 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/12
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method and apparatus for facilitating online payment transactions in multiple currencies between participants of a network-based transaction facility are described. In one embodiment, a set of balances in different currencies within a user account of a user is presented. An indication from the user to transfer funds between two balances of the set of balances in the user account is received. A current exchange rate for conversion between currencies of the two balances is provided. An approval from the user to perform the transfer of funds between the two balances is received. In response, the transfer of funds between the two balances is performed.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.