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.

Date of Patent:
Aug. 21, 2012

Filed:

Jan. 13, 2009
Applicants:

Dinesh Kumar Katyal, Fremont, CA (US);

James Alan Schneider, San Jose, CA (US);

David C. Lo, Bedford, MA (US);

John Hodgkinson, Arlington, MA (US);

Inventors:

Dinesh Kumar Katyal, Fremont, CA (US);

James Alan Schneider, San Jose, CA (US);

David C. Lo, Bedford, MA (US);

John Hodgkinson, Arlington, MA (US);

Assignee:

Intuit Inc., Mountain View, CA (US);

Attorney:
Primary Examiner:
Int. Cl.
CPC ...
G06K 5/00 (2006.01);
U.S. Cl.
CPC ...
Abstract

One embodiment of the present invention provides a system for facilitating a financial transaction. During operation, the system receives a request for a financial transaction from a merchant, wherein the financial transaction involves a payment to the merchant. Next, the system obtains a unique transaction identifier for the financial transaction. The system then associates the unique transaction identifier with the request to facilitate reconciliation of the financial transaction. Finally, the system forwards the request along with the unique transaction identifier to one or more financial institutions for subsequent processing of the financial transaction, which can involve reconciliation and/or settlement of the financial transaction.


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