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
Peer-to-peer method of deploying and managing executable code and associated plug-ins
Method and system for providing complete internet anywhere with partial server processing
Apparatus for transmitting and receiving data in a wireless communication system and method thereof
Light emitting diode package and method of fabricating the same
Electrical conduit containing a fire-resisting thermoplastic composition
Circuit arrangement and method for operating a circuit arrangement
Method of stimulating tissue healing
  Randomly Featured Patents
Method of making pile fabric
Method and apparatus for optimizing a JPEG image using regionally variable compression levels
Method and apparatus for producing active carbon by feeding electricity to rotary reactor
Memory device having asymmetrical CAS to data input/output mapping and applications thereof
Autogyro aircraft
Method and apparatus for data reception
3-0-(Beta-carbobenzyloxypropionyl)-11-oxo-18-beta-olean-12-en-30-oic acid
Electrostatic protection device for semiconductor device
Card, in particular chip card, reading device
Compact, all-weather temporary shelter