Processing of transaction data

Details Processing of transaction data Processing of transaction data

1998-06-29

2000-02-22

Voeltz, Emanuel Todd

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Finance

705 17, G06F 1730

Patent

active

060291524

ABSTRACT:
The invention relates to a procedure for processing data, especially transaction data, in an electronic payment system, whereby the electronic payment system includes a minimum of one payment terminal, a collections device and a transaction system. During the procedure, a data record is generated with header data (1), a payment transaction is executed by the minimum of one payment terminal (2), information concerning the payment transaction is stored in the data record (3), the data record is flagged as a shadow data record (6), and an additional data record with additional header data is generated (7), whereby the additional data record is generated before a further payment transaction (8) begins.

REFERENCES:
patent: 5812668 (1998-09-01), Weber
patent: 5889863 (1999-03-01), Weber
patent: 5920847 (1999-07-01), Kolling et al.
patent: 5943424 (1999-08-01), Berger et al.

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