Staged transactions systems and methods

US9129464B2 · kind B2 · utility

Assignee

• The Western Union Company · US

Inventors

• Kurt Hansen · Castle Rock, US
• Thomas B. Sayor · Castle Rock, US
• Sharon K. Vialpando · Lone Tree, US
• Ken Algiene · Littleton, US

Key dates

• Filing date: Aug 1, 2006
• Grant date: Sep 8, 2015
• Expiry date: May 1, 2032

Classification

• Technology area (CPC G): Physics
• CPC primary: G07F7/025
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Systems and methods for accepting payments for goods and services provided by a merchant. In one embodiment, a method for accepting payments from a consumer for a good or service provided by a merchant comprises receiving a transaction request from the merchant, receiving a payment from the consumer, associating the payment with the transaction request, and sending at least a portion of the payment to the merchant. In this manner, the merchant stages the transaction, and the consumer completes the transaction by making the payment. An optional time limit feature also may be used, and the transaction may be staged by the consumer, or others.