TRANSACTION SYSTEM AND METHOD

TRANSACTION SYSTEM AND METHOD

A transaction system comprising a transaction facilitator operable to receive and process a transaction request from a user device; a transaction channel 5 controller operable to change the state of the transaction channel between a first and a second state; and a fund provider operable to receive p...

Ausführliche Beschreibung

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Bibliographische Detailangaben
Hauptverfasser: ALEX D. IBASCO, OLIVER L. UBALDE, JOSE ANTONIO C. YULO, JOSE BENJAMIN S. FERNANDEZ, OLIVER P. ORNIDO, RICHARD C. SALCEDO
Format: Patent
Sprache:eng
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Beschreibung
Zusammenfassung:A transaction system comprising a transaction facilitator operable to receive and process a transaction request from a user device; a transaction channel 5 controller operable to change the state of the transaction channel between a first and a second state; and a fund provider operable to receive processed transaction request and determine if the transaction channel is in the first or second state; and provide or not provide the funds accordingly is disclosed.