{"schema_version":"1.0","canonical_url":"https://patentable.app/patents/US-11501273","patent":{"patent_number":"US-11501273","title":"Transaction processing system","assignee":null,"inventors":[],"filing_date":"2020-08-26T00:00:00.000Z","publication_date":"2022-11-15T00:00:00.000Z","cpc_codes":["G06Q","G06Q","G06Q","G06Q","G06Q"],"num_claims":20,"abstract":"A method for processing a transaction includes receiving, at a terminal and from a user, a selection of a service provider; receiving authentication credential requirements associated with the selected service provider that facilitate authentication of the user by the service provider; and communicating, to the service provider account server, authentication credentials associated with the user that satisfy the authentication credential requirements. When the user is authenticated, the method includes receiving, from the service provider account server, information indicative of an amount owed on an account with the service provider that is associated with the user. The method further includes receiving, via currency processing hardware of the terminal, currency; and communicating transaction information to the service provider account server that indicates an amount of currency received by the terminal to thereby reduce the amount owed on the account by the user. When an amount of currency received by the terminal exceeds and amount owed on the account, the method includes providing, by the terminal, an amount of currency that corresponds to a difference between the amount of currency received and the amount owed on the account."},"analysis":{"summary":null,"layman_explanation":null,"technical_analysis":null,"business_analysis":null,"faqs":null,"topics":[],"tech_cluster":null},"seo":{"title":"Transaction processing system","description":"A method for processing a transaction includes receiving, at a terminal and from a user, a selection of a service provider; receiving authentication credential requirements associated with the selecte","keywords":[]},"attribution":{"source":"Patentable","source_url":"https://patentable.app","canonical_url":"https://patentable.app/patents/US-11501273","license":"CC-BY-4.0-like","license_terms":"AI-generated analysis on this page (summary, layman_explanation, technical_analysis, business_analysis, faqs) may be reused with attribution and a visible link back to the canonical URL above. Patent abstracts, claims, and bibliographic data are USPTO public domain.","required_link":"https://patentable.app/patents/US-11501273","citation_suggestion":"Patentable. \"Transaction processing system\" (US-11501273). https://patentable.app/patents/US-11501273","copyright_holder":"Nomic Interactive Technology LLC"},"links":{"html":"https://patentable.app/patents/US-11501273","json":"https://patentable.app/api/llm-context/US-11501273","site":"https://patentable.app","llms_txt":"https://patentable.app/llms.txt"},"generated_at":"2026-05-30T15:34:19.456Z"}