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:
Nov. 21, 2023
Filed:
Feb. 28, 2019
International Business Machines Corporation, Armonk, NY (US);
Pradeep Parameshwaran, Boeblingen, DE;
Wenjia Zhang, Boeblingen, DE;
Wilhelm Mild, Boeblingen, DE;
Andreas Nauerz, Stuttgart, DE;
INTERNATIONAL BUSINESS MACHINES CORPORATION, Armonk, NY (US);
Abstract
A method, computer system, and a computer program product for an online group payment is provided. The present invention may include registering a first party using a virtual account service and initiating a joint deal with a merchant. The present invention may include publishing the joint deal. The present invention may include subscribing a second party to the joint deal. The present invention may include invoking a transfer of an approved fund from a second party account to a virtual account service account. The present invention may include in response to meeting a first threshold, executing the joint deal, wherein the executed joint deal includes, executing a merchant payment associated with the joint deal. The present invention may include in response to a cancelation of the joint deal, automatically rescinding the payment authorization from the second party.