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:
May. 31, 2022
Filed:
Oct. 09, 2018
Mastercard Asia/pacific Pte. Ltd., Singapore, SG;
MASTERCARD ASIA/PACIFIC PTE. LTD., Singapore, SG;
Abstract
A foreign currency transaction system and method can allow both users and merchants to carry out foreign currency transactions without using a point-of-sale (POS) device. In addition, users can carry out foreign currency transactions without knowing much of a foreign language in order to engage with a merchant in a foreign country. In addition, a user may lock-in a foreign currency exchange rate so that the user is able to have some certainty in relation to the foreign currency transaction, and can simplify the use of payment cards for foreign currency transactions by capturing an electronic image of a pricing indicator at a juncture of initiating a foreign currency transaction, and processing the electronic image to automatically determine a required payment amount represented on the pricing indicator.