TRANSACTION SYSTEM AND METHOD
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United States of America Patent
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N/A
Issued Date -
Apr 21, 2011
app pub date -
Apr 28, 2009
filing date -
Apr 28, 2008
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
Described is an automated transaction processing system and method, including at least one bank account record and associations between the record and at least a first account identifier and a second account identifier for the account, the system and method comprising a transaction processor, to process received transaction requests identifying the account on the basis of first criteria, if the transaction request identifies the account using the first identifier, or second, different criteria, if the transaction request identifies the account using the second identifier. The system and method can provide increased security in financial transactions by employing different criteria according to whether or not transactions are permitted, based on the form of the account identifier.
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