Systems and methods for selective validation of phone numbers

Abstract

Systems and methods are described for selectively performing telephone number validation determinations in association with proposed financial transactions. In various embodiments, the validity or non-validity of a telephone number offered by a customer in conjunction with a proposed transaction is determined. In one embodiment, a telephone number validation determination is performed for every proposed financial transaction. In one embodiment, a telephone number validation determination is performed for proposed financial transactions in which a promissory payment is offered. In one embodiment, a telephone number validation determination is performed for proposed financial transactions in which the amount of the transaction exceeds a threshold amount. In other embodiments, a telephone number validation determination is performed for local telephone numbers that are offered in conjunction with proposed transactions, or for long-distance telephone numbers that are offered in conjunction with proposed transactions, or based on other advantageous criteria.

Dependencies are inferred from the claim text.