WO2005124635A3

Financial institution-based transaction processing system and approach

Abstract

Transaction processing (210) for financial institution-based transactions (230, 240) is facilitated. According to an example embodiment of the present invention, a transaction processing approach involves the processing of financial aspects of a transaction between buying and selling parties using transaction rules (214) associated with a sponsoring financial institution (230, 240). Transaction-related information is processed as a function of business rules associated with the sponsoring financial institution to facilitate payment for the transaction and the assessment of fees associated with the transaction processing.

Term

No projected expiry on record.

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Citations
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