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Transaction processing system and method

A transaction processing and transaction method technology, applied in data processing applications, point-of-sale network systems, electronic digital data processing, etc., can solve problems that do not involve processing cash or cash equivalents, etc.

Inactive Publication Date: 2004-11-10
CHEQUEPOINT FRANCHISE CORP
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

[0003] Problems dealing with cash or cash equivalents have not been addressed in the prior art

Method used

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  • Transaction processing system and method
  • Transaction processing system and method
  • Transaction processing system and method

Examples

Experimental program
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Embodiment Construction

[0026] refer to figure 1 , the transaction processing system includes a merchant terminal 1 which may include any processing device such as a general purpose computer capable of implementing a web browser application 1a. The merchant terminal is also provided with a printer 5 for printing out receipts for customers, which will be described in more detail later. The merchant terminal 1 is connected to the currency conversion transaction system 2 through the Internet 3 . The currency conversion transaction system 2 includes a transaction web server 6 accessible by the merchant terminal 1 using an appropriate Universal Resource Locator (URL) served by the transaction web server 6 . Thus, the transaction web server 6 and web browser 1a provide a user interface for merchants. A transaction server 7 is provided for performing transaction functions by accessing information stored in the merchant account database 8 , the merchant database 9 , the exchange rate database 10 , and the ...

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PUM

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Abstract

The present invention generally relates to a transaction processing system and method for the processing of transactions for goods or services offered in a first currency when physical currency tokens are tendered in a second currency in respect of at least part payment for the goods or services.

Description

technical field [0001] The present invention relates to a transaction processing system and method for processing transactions for goods or services provided in a first currency when actual monetary tokens are paid in a second currency for at least partly paying for the goods or services. Background technique [0002] The problem of enabling customers and merchants to transact in different currencies is a problem that has been addressed in the prior art, primarily with the aim of providing electronic transactions using electronic funds associated with the accounts of customers and merchants. One such system is described in EP-A-0910840. In EP-A-0910840 a central currency conversion transaction server keeps merchant accounts and customer accounts in different currencies and is responsible for currency conversion to facilitate transactions. In this way, customers are able to purchase goods or services in their own currency and have this debited to their account in their own c...

Claims

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Application Information

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Patent Type & Authority Applications(China)
IPC IPC(8): G06Q20/00G06Q30/00
CPCG06Q20/04G06Q30/06G06Q20/381G06Q30/00G06Q20/12G06Q20/20
Inventor 费利克斯·格罗维特尼尔·维切埃
Owner CHEQUEPOINT FRANCHISE CORP