METHOD AND APPARATUS FOR PROCESSING FINANCIAL TRANSACTIONS

摘要

An apparatus and method (10) for processing financial transactions include the capability to receive a first message indicating the making of a financial transaction (70), the message containing customer information and transaction information (70). The apparatus and method (10) also include the capability to determine the validity (50) of the customer information and to generate a second message indicating non-authorization of the financial transaction (70) if the customer information is invalid. The apparatus and method (10) additionally include the capability to determine whether the financial transaction (70) involves a micro-payment, store at least part of the transaction information and generate a third message indicating authorization of the financial transaction (70). The apparatus and method (10) further include the capability to generate an authorization request if the financial transaction (70) does not involve a micro-payment.