The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Aug. 13, 2019
Filed:
Oct. 27, 2015
Mastercard International Incorporated, Purchase, NY (US);
Vincent Alain Rene Haulotte, Manchester, MO (US);
Ganesh L. Iyer, Chesterfield, MO (US);
Srinivasarao Nidamanuri, Chesterfield, MO (US);
MASTERCARD INTERNATIONAL INCORPORATED, Purchase, NY (US);
Abstract
Embodiments of the disclosure enable a user to manage funds for financial transactions. In some embodiments, a request for authorization of a financial transaction associated with one or more factors including a transaction amount is received from a financial transaction processing computing device, a first purse associated with a cardholder account that is associated with one or more purses is identified based on the one or more first factors, a plurality of parameters associated with the first purse including a first purse priority and a first purse balance are identified, the first purse balance is compared with the transaction amount to determine a difference between the first purse balance and the transaction amount, and it is determined whether to approve the request for authorization based on the first purse priority and the difference between the first purse balance and the transaction amount.