Multicurrency exchanges between participants of a network-based transaction facility
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United States of America Patent
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Jun 22, 2010
Issued Date -
N/A
app pub date -
Jun 26, 2003
filing date -
Jun 26, 2003
priority date (Note) -
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Abstract
A method and apparatus for facilitating online payment transactions in multiple currencies between participants of a network-based transaction facility are described. In one embodiment, a user interface is communicated to a sender via a communications network. The user interface facilitates sender input with respect to a desired currency in which a payment to a recipient is to be made. Further, data identifying a sender-selected currency is received from the sender via the communications network. In response, information identifying a current exchange rate for conversion between the sender-selected currency and a sender primary currency is communicated to the sender via the communications network. If the sender confirms the payment in the sender-selected currency, the recipient is informed about the payment in the sender-selected currency.
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