Multi-party transaction payment network bridge apparatus and method
A system, method, and computer-readable storage medium configured to enable commodity voucher transactions. There is provided a method of processing an electronic voucher transaction. The method comprises reading electronic voucher information with an electronic voucher interface, the electronic vou...
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| creator | LOPEZ, Stefany Bello FAVUZZA, Melisa Rose GENEREUX, Kathryn Lynn APPANA, Venu DUBOIS, April MUSSER, Paul Michael |
| description | A system, method, and computer-readable storage medium configured to enable commodity voucher transactions. There is provided a method of processing an electronic voucher transaction. The method comprises reading electronic voucher information with an electronic voucher interface, the electronic voucher information containing: a cardholder identifier, and a number of unredeemed electronic vouchers. The method then totals, with a processor, a number of goods or services to be redeemed with an electronic voucher. The number of vouchers required to redeem the number of goods or services with the processor is calculated. The number of unredeemed electronic vouchers and the calculated number of vouchers required to redeem the number of goods or services are compared with the processor. The method denies, with the processor, the electronic voucher transaction when the number of unredeemed electronic vouchers is less than the calculated number of vouchers required to redeem the number of goods or services. |
| format | Patent |
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There is provided a method of processing an electronic voucher transaction. The method comprises reading electronic voucher information with an electronic voucher interface, the electronic voucher information containing: a cardholder identifier, and a number of unredeemed electronic vouchers. The method then totals, with a processor, a number of goods or services to be redeemed with an electronic voucher. The number of vouchers required to redeem the number of goods or services with the processor is calculated. The number of unredeemed electronic vouchers and the calculated number of vouchers required to redeem the number of goods or services are compared with the processor. 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| subjects | CALCULATING COMPUTING COUNTING DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES PHYSICS SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR |
| title | Multi-party transaction payment network bridge apparatus and method |
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