Method and System for Conditional Transactions
First Claim
1. A system for conditional purchase/transaction, comprising:
- one or more stores including a registered users store having one or more master accounts associated with the system and one or more sub-accounts associated with the system, wherein each particular master account is associated with one or more particular sub-accounts;
an ordering module that allows a user to place an order to purchase an item; and
an account module that controls the purchasing of the one more particular sub-accounts associated with the particular master account.
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Accused Products
Abstract
A method and system for conditional transactions (purchases/financial transactions) are provided. The system may include of these types of cards, to include but not limited to, credit, debit, gift, stored-value, charge, ATM or may use mobile devices with NFC in a swipe and go mode, or other types of mobile payment systems. The system provides one or more master accounts wherein each master account is tied to and control one or more subordinated accounts. Each subordinated account may have a configurable/customizable set of permissions defined by the master account. The subordinated account holder would optionally require permission from the master account holder to complete a purchase/financial transaction. The master account holder would have an extensible number of configurable/customizable permission rules to choose from for each subordinate account.
47 Citations
39 Claims
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1. A system for conditional purchase/transaction, comprising:
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one or more stores including a registered users store having one or more master accounts associated with the system and one or more sub-accounts associated with the system, wherein each particular master account is associated with one or more particular sub-accounts; an ordering module that allows a user to place an order to purchase an item; and an account module that controls the purchasing of the one more particular sub-accounts associated with the particular master account. - 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 computer implemented method for conditional purchase/transaction, comprising:
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storing, in a registered users store, one or more master accounts associated with a conditional purchase system and one or more sub-accounts associated with the conditional purchase system, wherein each particular master account is associated with to one or more particular sub-accounts; placing, using an ordering module, an order by a user to purchase an item; and controlling, using an account module, the purchasing of the one more particular sub-accounts associated with the particular master account. - View Dependent Claims (20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39)
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Specification