A METHOD AND SYSTEM FOR IDENTIFYING AND PROCESSING CURRENCY CONVERSION IN A FINANCIAL TRANSACTION
摘要
<p>A method and a system for processing cross-border transactions in a multiple party payment card processing network is disclosed. A party evaluates an inbound transaction message received from a downstream party to determine if the corresponding payment transaction is a cross-border transaction and if it requires currency conversion processing. Based on the evaluations, a cross-border and currency conversion status indicator that is attached to outbound transaction messages sent to upstream entities in the payment network. Currency conversion service fees and/or rebates may be assessed to other entities in the payment card network according to the results of the evaluations.</p>
申请公布号
WO2007115262(A2)
申请公布日期
2007.10.11
申请号
WO2007US65795
申请日期
2007.04.02
申请人
MASTERCARD INTERNATIONAL INCORPORATED;WILKIS, DALE;RAYMOND, DOUG;MADISON, DEREK;O'CONNELL, JOYCE;GRIST, MICHELLE