Patent ID: 9390416
Filing Date: 2016-07-12
CPC Classification: G06F,G06Q,G07F,G10L

Claim Text:
1. A method for facilitating the processing of transactions comprising: obtaining, by a token processing server, a request for completion of a transaction between two parties, wherein a transmitting party is associated with at least one transaction phrase token, wherein the transaction phrase token corresponds to a set of characters, and wherein the transmitting party solely transmits a transaction phrase token to a receiving party to elicit a debiting of a transaction account associated with the transaction phrase token; and processing, by the token processing server, the request for completion of the transaction based upon a configuration of the at least one transaction phrase token, wherein processing the request for completion of the transaction based upon a configuration of the at least one transaction phrase token includes automatically processing, by the token processing server, the request based at least partly on a reputation score associated with the receiving party.