Method and system for virtual representation of currency

The invention relates to a method for representing a transfer of currency during a transaction. The method involves establishing a network connection with a computing device, receiving, from the computing device, transactional data associated with the transaction, receiving currency data associated...

Ausführliche Beschreibung

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Bibliographische Detailangaben
Hauptverfasser:	WEISS BENJAMIN R, LUNNEBORG ROSEN MARY
Format:	Patent
Sprache:	eng
Schlagworte:	CALCULATING CHECKING-DEVICES COIN-FREED OR LIKE APPARATUS COMPUTING COUNTING DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES FARE-REGISTERING APPARATUS FRANKING APPARATUS PHYSICS SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR TICKET-ISSUING APPARATUS
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Beschreibung
Zusammenfassung:	The invention relates to a method for representing a transfer of currency during a transaction. The method involves establishing a network connection with a computing device, receiving, from the computing device, transactional data associated with the transaction, receiving currency data associated with a financial account, and displaying a pictorial representation of currency based on the currency data, where a currency type and a currency denomination are depicted as a portion of the pictorial representation. The invention further involves designating an amount of currency from the pictorial representation to obtain image data, where the amount of currency is sufficient to complete the transaction, transmitting the image data to the computing device as part of the transaction, and sending instructions to transfer the amount of currency from the financial account based on the image data and the transactional data.