×

Systems and methods for integrating multiple interaction arrangements

  • US 20060100960A1
  • Filed: 10/06/2004
  • Published: 05/11/2006
  • Est. Priority Date: 10/06/2004
  • Status: Active Grant
First Claim
Patent Images

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.

View all claims
  • 8 Assignments
Timeline View
Assignment View
    ×
    ×