Method and system for efficient shared transaction processing

Abstract

One embodiment of the invention is directed to a method comprising, receiving, by a server computer, a request to establish a group identifier for a group. A group identifier is generated for the group. Group invitations to join the group are transmitted and group invitation responses are received. The method further comprises receiving, by the server computer, confirmations to share a group transaction. A plurality of messages are initiated, the plurality of messages corresponding to the plurality of confirmations, where the plurality of messages result in an initiation of a single message toa third-party, the third-party computer being configured to conduct the group transaction according the single message.

Description

Background technique [0001] This application is an International Application of U.S. Provisional Application No. 15 / 170,669 filed June 1, 2016 and claims the benefit of its filing date, the entire contents of which are incorporated herein by reference for all purposes. [0002] Embodiments of the invention relate to systems and methods related to executing group transactions. [0003] The Internet has made it increasingly easier for consumers to perform electronic transactions using computing devices, such as mobile devices (eg, mobile phones, tablet computers, etc.). However, transactions performed over the Internet using mobile applications are usually performed by a single user rather than a group of users. [0004] Current techniques for enabling multiple users (eg, groups) to share in group transactions include a single user performing a single transaction on behalf of one or more other users. Alternatively, each can manually execute an independent transaction related t...

AI Technical Summary

Problems solved by technology

Other means offered by third parties may not have the flexibility to optimize the transaction flow, which can lead to an unfortunate user experience

Images