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. 05, 2009
Filed:
Nov. 16, 2004
Mani Kulasooriya, Sunnyvale, CA (US);
Sylvia Liu, Legal Representative, Redwood City, CA (US);
Lupti Cheung, Burlingame, CA (US);
Hui Yin, Cupertino, CA (US);
Paul Kelaita, San Mateo, CA (US);
Yuet Peng Cheong, Redwood City, CA (US);
Mani Kulasooriya, Sunnyvale, CA (US);
Sylvia Liu, legal representative, Redwood City, CA (US);
Lupti Cheung, Burlingame, CA (US);
Hui Yin, Cupertino, CA (US);
Paul Kelaita, San Mateo, CA (US);
Yuet Peng Cheong, Redwood City, CA (US);
Yahoo! Inc., Sunnyvale, CA (US);
Abstract
Disclosed are systems and methods for effecting international online financial transactions between individuals or between individuals and entities such as banks, merchants and other companies. In one embodiment, requests for international currency exchanges are processed in batch form. A currency accumulator may be used to keep track of currency exchange requests, where each currency is assigned a notional 'bucket,' which is a symbolic representation of a database entry for the monetary amount which has been requested to be exchanged for a given currency. When the contents of a particular currency's 'bucket' reaches a given level, the monetary amount in the bucket may be exchanged for an equivalent amount of a second currency.