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: IBASCO Alex D, SALCEDO Richard C, FERNANDEZ Jose Benjamin S, ORNIDO Oliver P, UBALDE Oliver L, YULO Jose Antonio C
Format: Patent
Sprache:eng
Schlagworte:
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
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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.