METHOD AND SYSTEM FOR FACILITATING MICROPAYMENTS IN A FINANCIAL TRANSACTION SYSTEM

摘要

A system for processing accounts includes a database configured to store a plurality of accounts, the accounts including a consumer account associated with a consumer and a plurality of merchant accounts including a transacting merchant account associated with a merchant, wherein at least one account includes an amount of a virtual currency associated with the account. The system further includes a processor configured to process a financial transaction, wherein the transaction includes the consumer and the merchant, is for a specified amount of virtual currency, and processing the transaction includes transferring the specified amount of virtual currency from the consumer account to the transacting merchant account. The processor is further configured to process the at least one account, wherein processing the at least one account includes converting the associated amount of virtual currency to or from a real currency when the at least one account meets a predetermined criteria.

主权项

1. A system for facilitating currency exchanging using a universal virtual currency, comprising:
a database configured to store a plurality of currency exchange rules, wherein each currency exchange rule is associated with at least a virtual currency and one or more real currencies; a receiving device configured to receive a transaction request for a currency exchange from a consumer, wherein the transaction request includes at least an amount of a first real currency and indicates a second real currency; a processor configured to
identify a first currency exchange rule stored in the database where the associated one or more real currencies includes at least the first real currency,identify a second currency exchange rule stored in the database where the associated one or more real currencies includes at least the second real currency,calculate a virtual currency amount based on the identified first currency exchange rule and the amount of the first real currency included in the received transaction request, andcalculate an amount of the second real currency based on the identified second currency exchange rule and the calculated virtual currency amount; and a transmitting device configured to transmit at least the calculated amount of the second real currency.