TRANSACTION APPROVAL FOR SHARED PAYMENT ACCOUNT

摘要

A primary user of a payment account may designate one or more secondary users who may access and utilize the primary user's payment account. When a secondary user is making a transaction using the payment account, the primary user may be notified in real time. The transaction may be delayed for a specified period of time until approval from the primary user is received. The transaction may be processed if approval from the primary user is received within the specified period of time. On the other hand, the transaction may be canceled or denied if the primary user disapproves the transaction or if the specified period of time has expired without receiving approval from the primary user.

主权项

1. A system for facilitating a financial transaction over a network, comprising:
a memory storing user account information comprising a payment account associated with a primary user and restriction information for a secondary user using the payment account; and one or more processors in communication with the memory adapted to:
receive a payment request initiated by the secondary user for making a payment transaction using the payment account;access the restriction information associated with the secondary user;delay the payment transaction for a predetermined amount of time determined based on a type of payment transaction;send an approval request to the primary user of the payment account; andprocess the payment transaction when an approval from the primary user is received before the predetermined amount of time expires.