System and method for providing proxy accounts
AssigneeeBay Inc.
InventorPartha Sarathi Mukherjee
Life of this patent
Estimating the term…
Abstract
In various example embodiments, a system and method for providing a proxy account is provided. A transaction request initiated through a proxy account is received. The proxy account is a dependent, non-funded subaccount of a master account. A determination of whether a transaction of the transaction request satisfies restrictions and an amount limit established for the proxy account is performed. Based on the transaction satisfying the restrictions and the amount limit, the transaction is processed against a funding instrument of the master account.
Claims20
A method comprising:
- receiving a transaction request initiated through a proxy account, the proxy account being a dependent, non-funded subaccount of a master account;
- determining, using one or more processors, whether a transaction of the transaction request satisfies restrictions and an amount limit established for the proxy account;
- and
- based on the transaction satisfying the restrictions and the amount limit, processing the transaction against a funding instrument of the master account.
A system comprising:
- a transaction module configured to receive a transaction request initiated through a proxy account, the proxy account being a dependent, non-funded subaccount of a master account;
- and
- a restriction module configured to determine whether a transaction of the transaction request satisfies restrictions established for the proxy account,
- the transaction module further configured to determine whether the transaction satisfies an amount limit and to process the transaction against a funding instrument of the master account based on the transaction satisfying the restrictions and the amount limit.
A machine-readable storage medium in communication with at least one processor, the machine-readable storage medium storing instructions which, when executed by the at least one processor, performs a method comprising:
- receiving a transaction request initiated through a proxy account, the proxy account being a dependent, non-funded subaccount of a master account;
- determining whether a transaction of the transaction request satisfies restrictions and an amount limit established for the proxy account;
- and
- based on the transaction satisfying the restrictions and the amount limit, processing the transaction against a funding instrument of the master account.
Dependencies are inferred from the claim text.