Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2001-11-27
2008-12-02
Felten, Daniel S. (Department: 3696)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
C705S067000, C235S380000, C235S379000, C713S182000, C726S001000
Reexamination Certificate
active
07461028
ABSTRACT:
A method for authorizing purchases by an owner of an account previously established with a bank where the owner wants to purchase an item from a merchant. The method including the step(s) of: (i) providing a plurality of authorization parameters potentially available for use in calculating an authorization code associated with a transaction to purchase the item; (ii) defining a selected subset of the plurality of authorization parameters; (iii) establishing respective authorization parameter data for each of the selected authorization parameters; (iv) calculating the authorization code corresponding to the established authorization parameter data; (v) providing the authorization code to the owner; (vi) receiving the authorization code and transaction data from the merchant at the bank; (vii) calculating a confirmation authorization code from the transaction data corresponding to the selected parameter data; and (viii) comparing the authorization code with the confirmation authorization code to determine whether or not to approve the transaction.
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Certified Copy of U.S. Appl. No. 60/189,287, Filing Date: Mar. 14, 2000, PCT Application No. PCT/US01/08547.
Chaclas Angelo N.
Felten Daniel S.
Kirincich Joseph C.
Pitney Bowes Inc.
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