Patent · US Active

Method and apparatus for authorizing a financial transaction

US8725578B2 · kind B2 · utility

0Cited by
5References
3Claims
0Family size

Assignee

Inventors

Key dates

Filing dateJan 30, 2008
Grant dateMay 13, 2014
Priority date
Expiry dateApr 18, 2031

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q20/40
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A system that authorizes a financial transaction is presented. During operation, the system receives a request to authorize accounts associated with one or more financial instruments to be used to fulfill the financial transaction. Next, the system determines a transaction location at which the financial transaction is being performed. The system then determines whether the accounts are authorized to be used at the transaction location. If so, the system authorizes the accounts to be used to fulfill the financial transaction.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.