Patent ID: 8150769
Filing Date: 2012-04-03
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 at least one first term specified by the second party and at least one second term specified by the first party; obtaining a first reference token of the first party, the first reference token being associated with a first predefined usage instruction rule set of the first party; obtaining a second reference token of the second party, the second reference token being associated with a second predefined usage instruction rule set of the second party; and under control of one or more configured computing systems, automatically authorizing the potential transaction based at least in part on determining that the first and second usage instruction rule sets are compatible, such that each of the at least one first terms are automatically accepted on behalf of the first party and such that each of the at least one second terms are automatically accepted on behalf of the second party; and facilitating performance of the potential transaction.