PROCESSING OF FINANCIAL TRANSACTIONS Russian patent published in 2019 - IPC G06Q20/16 G06Q40/02 

Abstract RU 2706180 C2

FIELD: physics.

SUBSTANCE: invention relates to financial transaction processing systems and methods. In the method implemented by the issuer server computer, transmitting the message with the transaction request to the acquirer server computer associated with the second entity, wherein the transaction request message relates to a push transaction in which funds from the first entity are transferred to the second entity, wherein the transaction request message includes a first set of data items comprising an identifier of the first subject, an identifier of the second entity and an amount associated with the funds for transfer; in response to transmitting a message with a transaction request, receiving a response message and a second set of data items comprising identification data, location data and subject type data relating to the second entity; associating a second set of data items with a first set of data items; and processing a financial transaction using information contained in the first set of data items and the second set of data items.

EFFECT: technical result consists in automation of transaction processing.

24 cl, 7 dwg

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RU 2 706 180 C2

Authors

Nayak, Koni Uttam

Rajurkar, Pankaj

Kulpati, Ashish

Powell, Glenn

Dates

2019-11-14Published

2015-10-06Filed