System for and method of application currency conversion
OwnerLee Macklininventor
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Abstract
The present invention is directed to a system for, a method of, and a software routine for providing real or near-real time monetary conversions. The present invention includes a program interface to an application program from which a first and second monetary unit is obtained as well as a monetary amount in the first monetary unit. A communications interface uses the received information to obtain an up-to-date conversion factor and a calculation module converts the monetary amount in the first monetary unit to a monetary amount in the second monetary unit. This monetary amount in the second monetary unit is the supplied to the requesting application program.
Claims20
A software routine stored on a computer readable media comprising:
- a program interface to an application program configured to accept first and second monetary units and a monetary amount associated with said first monetary unit from said application program;
- a communications interface configured to retrieve conversion information from said first monetary unit to said second monetary unit;
- a calculation module configured to convert said monetary amount associated with said first monetary unit to a corresponding monetary amount associated with said second monetary unit based on said conversion information;
- and
- wherein said program interface is further configured to provide said monetary amount associated with said second monetary unit to said application program.
A method of converting between a first and a second monetary unit comprising the steps of:
- accepting first and second monetary units and a monetary amount associated with said first monetary unit from an application program;
- retrieving conversion information from said first monetary unit to said second monetary unit through a communications interface;
- converting said monetary amount associated with said first monetary unit to a corresponding monetary amount associated with said second monetary unit based on said conversion information;
- and
- providing said monetary amount associated with said second monetary unit to said application program.
The method of converting wherein said conversion information includes an exchange rate from said first monetary unit to said second monetary unit and said calculation module is configured to multiply said monetary amount associated with said first monetary unit by said exchange rate to provide said monetary amount associated with said second monetary unit.
A system for converting between monetary units comprising:
- a program interface to an application program configured to accept first and second monetary units and a monetary amount associated with said first monetary unit;
- a communications interface configured to retrieve conversion information from said first monetary unit to said second monetary unit;
- a calculation module configured to convert said monetary amount associated with said first monetary unit to a corresponding monetary amount associated with said second monetary unit based on said conversion information;
- and
- wherein said program interface is further configured to provide said monetary amount associated with said second monetary unit to said application program.
Dependencies are inferred from the claim text.