Patent ID: 7962419
Filing Date: 2011-06-14
Classification: G06Q

Abstract:
1. A computer-implemented method for automatically authorizing transactions based on predefined instructions, the method comprising: receiving a request related to a potential transaction between a first party and a second party that includes the second party providing at least one of one or more physical products and of one or more physical services to the first party and that includes an associated financial payment from the first party to the second party; obtaining a first reference token of the first party that is for use in determining whether to authorize the associated financial payment for the potential transaction, the first reference token being associated with a first predefined payment instruction rule set of the first party that includes one or more rules for determining whether to authorize payment by the first party of financial amounts for transactions; obtaining a second reference token of the second party that is for use in determining whether to authorize performing the providing of the at least one physical products and physical services for the potential transaction, the second reference token being associated with a second predefined payment instruction rule set of the second party that includes one or more rules for determining whether to authorize performance by the second party of transactions; under control of one or more configured computing systems, automatically determining to authorize the potential transaction based at least in part on the first instruction rule set being determined to be compatible with the second predefined payment instruction rule set; and facilitating providing by the second party of the at least one physical products and physical services to the first party.