Patent ID: 8661258
Filing Date: 2014-02-25
Classification: G06F,G06Q,H04L

Abstract:
1. A method to secure electronic transactions comprising the steps of: storing, by at least on server, criteria to classify transactions into a plurality of transaction categories; receiving, by the at least one server, a particular electronic transaction submitted by a user, the particular electronic transaction including transaction information; receiving, by the at least one server, a dynamic transaction category approval code indicating a proof of intention of the user to perform a transaction belonging to a user selected transaction category; applying, by the at least one server, said criteria to the transaction information and assigning said received particular electronic transaction to a particular one of said plurality of transaction categories based on said criteria; verifying, by the at least one server, whether the received dynamic transaction category approval code is valid for the transaction category that said received particular electronic transaction was assigned to by the at least one server to determine whether the received particular electronic transaction should be executed or denied.