Utilizing phrase tokens in transactions

Details Utilizing phrase tokens in transactions Utilizing phrase tokens in transactions

G - Physics

06

Q

G06Q 20/40 (2012.01) H04L 9/32 (2006.01)

Patent

CA 2661758

A system and method for facilitating transactions utilizing phrase tokens are provided. Individual entities can be associated with unambiguous transaction phrase tokens, such as multiple word phrases. The transaction phrase tokens are associated with transaction accounts by a service provider such that the entities can complete a transaction without having to exchange transaction account information. In a transaction, a transaction phrase token is offered to an accepting party, which tenders the offered transaction phrase token to the service provider. The service provider processes the offered transaction phrase token according to configuration information specified for the transaction phrase token. The service provider can automatically process the transaction request or request additional information.

L'invention porte sur un système et un procédé à base de jetons de phrases facilitant les transactions. Des entités individuelles peuvent être associées aux jetons de phrases de transactions non ambiguës tels que des phrases de plusieurs mots. Les jetons de phrases de transactions sont associés aux comptes des transactions par un prestataire de services de manière à ce que les entités puissent mener à bien une transaction sans devoir échanger d'informations sur les comptes liés à la transaction. Dans une transaction, un jeton de phrase de transaction est offert à une partie acceptante qui le soumet à un prestataire de services qui le traite selon l'information de configuration spécifiée dans le jeton. Le prestataire de services peut traiter automatiquement la demande de transaction ou solliciter une information supplémentaire.

Affiliated with

Also associated with

Rating

Utilizing phrase tokens in transactions does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with Utilizing phrase tokens in transactions, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Utilizing phrase tokens in transactions will most certainly appreciate the feedback.

Rate now

Comments { 0 }

Profile ID: LFCA-PAI-O-1726569