DEVICE, SYSTEM AND METHOD FOR EFFICIENTLY SERVICING HIGH VOLUME ELECTRONIC TRANSACTIONS

• Main Author: Ashutosh PANDE
• Format: Patent
• Language: English; Spanish
• Published: 11.12.2017
• Subjects: CALCULATING; COMPUTING; COUNTING; DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES; PHYSICS; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR

The present invention provides a system for implementing electronic transactions between various users in a financial system. The system includes a server for storing financial and personal information of the users, a transaction terminal capable of connecting to the server via a wide area network, and multiple digital wallets capable of communicating with each other and with the transaction terminal. The one or more digital wallets carry electronic transactions with each other and synchronize the carried electronic transaction when the digital wallet gets communicably coupled to the transaction terminal. La presente invención proporciona un sistema para implementar transacciones electrónicas entre diversos usuarios en un sistema financiero. El sistema incluye un servidor para almacenar información financiera y personal de los usuarios, una terminal de transacciones capaz de conectarse al servidor a través de una red de área amplia, y varios monederos digitales capaces de comunicarse entre sí y con la terminal de transacciones. El o los monederos digitales realizan transacciones electrónicas entre sí y sincronizan la transacción electrónica realizada cuando el monedero digital se conecta y establece comunicación con la terminal de transacción.