Financial institution-based transaction processing system and approach
US8595099B2 · kind B2 · utility
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Key dates
| Filing date | Jun 26, 2009 |
| Grant date | Nov 26, 2013 |
| Priority date | — |
| Expiry date | Sep 15, 2032 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/12
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
Transaction processing for financial institution-based transactions is facilitated. According to an example embodiment of the present invention, a transaction processing approach involves the processing of financial aspects of a transaction between buying and selling parties using transaction rules associated with a sponsoring financial institution. Transaction-related information is processed as a function of business rules associated with the sponsoring financial institution to facilitate payment for the transaction and the assessment of fees associated with the transaction processing.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.