Patent ID: 8849714
Filing Date: 2014-09-30
Classification: G06Q

Abstract:
1. A computer-implemented method of enabling a value exchange between a first user and a second user of an internet-based social network within the confines of the social network, said first user maintaining a first value exchange system account in a computer-implemented value exchange system and a first internet-based social network account, and said second user maintaining a second value exchange system account in the computer-implemented value exchange system and a second internet-based social network account, the method comprising: receiving, by said computer-implemented value exchange system and from said first user, a selection of an interface associated with a physical payment channel corresponding to a physical payment form of said first user when said first user is logged-in to said first internet-based social network account, wherein said physical payment form is issued by a physical payment channel and purchased by a user from a physical outlet, wherein said physical payment form comprises any of a voucher and token representing value being introduced to a value exchange system account of a user; generating, by said computer-implemented value exchange system, an interface corresponding to said physical payment channel corresponding to said physical payment form of said first user; accepting, by said computer-implemented value exchange system and from said first user via the generated interface, said physical payment form from said first user; validating, by said computer-implemented value exchange system, said physical payment form of said first user; crediting, by said computer-implemented value exchange system, said first value exchange system account with a value being introduced by said physical payment form of said first user; conducting, by said computer-implemented value exchange system, a value exchange transaction between said first user and said second user when said first user is logged-in to said first internet-based social network account, wherein said value exchange transaction includes a value to be exchanged between said first user and said second user; debiting, by said computer-implemented value exchange system, said value to be exchanged from said first value exchange system account; sending, by said computer-implemented value exchange system, an acceptance notification of said value exchange transaction from said computer-implemented value exchange system to said second internet-based social network account, said acceptance notification notifying said second user of said value exchange transaction and requiring said second user to confirm acceptance of said value exchange transaction; receiving, by said computer-implemented value exchange system, a confirmation of the acceptance in said computer-implemented value exchange system from said second user when said second user is logged-in to said second internet-based social network account; crediting, by said computer-implemented value exchange system, the value exchanged to said second value exchange system account when the confirmation of the acceptance of said value exchange transaction by said second user is received; and sending, by said computer-implemented value exchange system, a confirmation notification confirming completion of said value exchange transaction to said first internet-based social network account.