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System and method for processing multi-currency transactions at a point of sale

  • US 20020174031A1
  • Filed: 03/06/2002
  • Published: 11/21/2002
  • Est. Priority Date: 03/06/2001
  • Status: Abandoned Application
First Claim
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1. A method for processing a non-cash transaction at a point-of-sale, the method comprising:

  • receiving a request to process the transaction in a first currency;

    determining whether the first currency constitutes a locally processed currency;

    if the first currency constitutes a locally processed currency, processing the transaction through a local processor; and

    if the first currency does not constitute a locally processed currency, processing the transaction through a multi-currency processor in communication with one or more authorization modules from which authorizations are received for transacting in one or more currencies other than locally processed currencies.

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