Method and apparatus to manage mobile payment account settlement
US8467767B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | May 24, 2007 |
| Grant date | Jun 18, 2013 |
| Priority date | — |
| Expiry date | Sep 14, 2029 |
Classification
- Technology area (CPC H)Electricity
- CPC primaryH04M2215/0196
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A transaction operations server receives multiple transactions of the mobile communication device. One transaction adds a first amount of money to the stored value represented by data on the mobile communication device, and another transaction subtracts a second amount of money. The amounts of money are in different data types each representing different business issued currencies each honored by a particular group of businesses. The transaction operations server exchanges the money represented by data on the mobile communication device between the different data types. Other embodiments include a method of exchanging money as described, an a data structure supporting the exchange of money as described.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.