VALUE PROCESSING NETWORK AND METHODS
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United States of America Patent
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Issued Date -
May 24, 2012
app pub date -
Nov 18, 2011
filing date -
Jun 11, 2002
priority date (Note) -
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Abstract
Various arrangements for processing a transaction involving at least two parties are provided. Rules may be established that define transaction processing between combinations of a plurality of origination entities and a plurality of destination entities. Transaction information may be received relating to the transaction between the two parties. One of the parties is an origination entity and one of the parties is a destination entity. The transaction information contains at least an identifier from which at least one of the parties may be identified. The transaction information may be used to identify at least one of the parties. The rules may be used to define transaction processing for the at least one party. Processing of the transaction may be at least partially based on the rules.
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