Systems and methods for integrating multiple interaction arrangements
First Claim
1. A method of executing a bilateral action between a first party and a second party, the method comprising:
- receiving at a first host system a communication from a communications device local to the first party, wherein the communications device is one of a plurality of communications devices that define nodes of a first network providing information pathways between the nodes of the first network and the first host system;
determining at the first host system that the communication identifies a physical instrument issued to the second party to identify the second party and to identify an account of stored value for use by the second party in supporting execution of bilateral actions between the second party and any of a plurality of third parties associated with nodes of a closed second network, the closed second network providing information pathways between the nodes of the closed second network and a second host system, the second host system being distinct from the first host system and the second network being distinct from the first network;
transmitting a request from the first host system to the second host system to debit the account of stored value by an amount identified in the communication, the amount supporting the bilateral action;
receiving a confirmation at the first host system from the second host system that the account of stored value has been debited; and
transmitting an approval for the bilateral action from the first host system to the communications device.
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Accused Products
Abstract
Methods and systems are provided for executing such a bilateral action. A communication is received at a host system. A determination is made that the communication identifies a physical instrument that identifies an account of stored value. A request is transmitted to another host system to debit the account by an amount identified in the communication to support the bilateral action. A confirmation is received from the other host system that the account of stored value has been debited. An approval for the bilateral action is transmitted to an originating communications device.
15 Citations
49 Claims
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1. A method of executing a bilateral action between a first party and a second party, the method comprising:
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receiving at a first host system a communication from a communications device local to the first party, wherein the communications device is one of a plurality of communications devices that define nodes of a first network providing information pathways between the nodes of the first network and the first host system;
determining at the first host system that the communication identifies a physical instrument issued to the second party to identify the second party and to identify an account of stored value for use by the second party in supporting execution of bilateral actions between the second party and any of a plurality of third parties associated with nodes of a closed second network, the closed second network providing information pathways between the nodes of the closed second network and a second host system, the second host system being distinct from the first host system and the second network being distinct from the first network;
transmitting a request from the first host system to the second host system to debit the account of stored value by an amount identified in the communication, the amount supporting the bilateral action;
receiving a confirmation at the first host system from the second host system that the account of stored value has been debited; and
transmitting an approval for the bilateral action from the first host system to the communications device. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18)
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19. A method of executing a bilateral action between a first party and a second party, the method comprising:
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receiving at a first host system a request from a second host system, wherein;
the first host system is comprised by a first network providing information pathways between nodes of the first network and the first host system;
the second host system is comprised by a second network providing information pathways between nodes of the second network and the second host system;
the first host system is distinct from the second host system;
the first network is distinct from the second network;
the request identifies an account of stored value to be debited by a specified amount to support the bilateral transaction; and
the account of stored value is identified with the first party to support bilateral transactions between the first party and any of a plurality of third parties associated with the nodes of the first network;
determining at the first host system that the account of stored value has value that is at least equal to the specified amount;
debiting the account of stored value by the specified amount; and
transmitting a confirmation from the first host system to the second host system that the account of stored value has been debited. - View Dependent Claims (20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38)
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39. A system for executing a bilateral action between a first party and a second party, the system comprising:
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a first network comprising;
a first host system having a first processor;
a plurality of communications devices that define nodes of the first network; and
information pathways between the nodes of the first network and the first host system;
a second network comprising;
a second host system having a second processor;
a plurality of nodes of the second network, each such node being associated with at least one of a plurality of third parties; and
information pathways between the nodes of the second network and the second host system, wherein;
the second network is distinct from the first network;
the second host system is distinct from the first host system; and
the first and second processors are configured to execute programming instructions in accordance with the following;
a communication is received at the first host system from one of the communications devices;
the communication is identified at the first host system as identifying a physical instrument issued to the second party to identify the second party and to identify an account of stored value for use by the second party in supporting execution of bilateral actions between the second party and the third parties;
a request is transmitted from the first host system to the second host system to debit the account of stored value by an amount identified in the communication to support the bilateral action;
a determination is made at the second host system that the account of stored value has value that is at least equal to the specified amount;
the account of stored value is debited by the specified amount;
a confirmation is transmitted from the second host system to the first host system that the account of stored value has been debited; and
an approval for the bilateral action is transmitted from the first host system to the communications device. - View Dependent Claims (40, 41, 42, 43, 44, 45, 46, 47, 48, 49)
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Specification