Resources Contact Us Home
Controlling the value of a plurality of transactions involving payment token

Image Number 2 for United States Patent #8131642.

A method of controlling the value of at least one on-line transaction involving a token associated with an authorized user comprises the steps of: prior to the at least one proposed transaction, receiving at a pre-transaction authorization station, pre-transaction authorization data. The authorization data comprises first time data relating to a time window within which the at least one proposed transaction must take place and first amount data relating to an amount with which a value of the at least one proposed transaction must comply. Substantially at the time of a proposed transaction, transaction data comprising second time data relating to a time instant of the proposed transaction and second amount data relating to a value of the proposed transaction is received at the authorization station. The authentication data and transaction data are compared in real time at 34 and only if the transaction data complies with the authorization data, is the transaction enabled.

  Recently Added Patents
Wafer recycling method
Image forming apparatus
Boring machine
Method for producing (meth)acrylic anhydride, method for storing (meth)acrylic anhydride, and method for producing (meth)acrylate
Configurable logic cells
Creating and manufacturing documents that initially exceed equipment finishing capacity
2,2'-binaphthalene ester chiral dopants for cholesteric liquid crystal displays
  Randomly Featured Patents
Anti-lock control computer malfunction detecting device
Socket organizer
Semiconductor memory device with uniform data access time
Traffic forecasting employing modeling and analysis of probabilistic interdependencies and contextual data
Secured firearm
Oxygen-replenishing device for engines
Composite yarn and cut-resistant glove using the yarn
Adaptive voltage scaling using a delay line
Network communications security enhancing
Method for accelerating the aging of distillates