SYSTEMS AND METHODS FOR TRANSACTION MANAGEMENT

Systems and methods for P2P transaction functionality include transaction management. A system includes at least one processor and a storage medium storing instructions that, when executed by the at least one processor, cause the at least one processor to perform operations including identifying pos...

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Bibliographische Detailangaben
Hauptverfasser: Martin, Robert A, Miller, Walter Avery, Dye, Troy Alan, Ferrell, Jason E, Fischer, Jordan
Format: Patent
Sprache:eng
Schlagworte:
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Beschreibung
Zusammenfassung:Systems and methods for P2P transaction functionality include transaction management. A system includes at least one processor and a storage medium storing instructions that, when executed by the at least one processor, cause the at least one processor to perform operations including identifying possible trigger transactions and creating a transaction bucket associated with the identified one or more participants. The operations also include performing calculations of amounts currently owed by each of the one or more participants, receiving a trigger event from the cardholder device. and sending notifications to the P2P service system asking for repayment based on the calculated amounts.