A METHOD AND A SYSTEM FOR MANAGING AN ELECTRONIC TRANSACTION FACILITY

摘要

The invention provides a method of and system (10) for managing an electronic transaction facility. The method includes maintaining a primary financial account in the name of a parent client, and registering a plurality of clients who are permitted to transact on the primary account, in order to receive goods or services from a participating vendor (26.1...26.n) in return for electronic payment of the vendor (26.1...26.n) against the primary account. The server computer (12) is connectable to mobile telephones (22.1...22.n) of a plurality of registered clients via a mobile telephone network 24 so that payment or transaction is requested by the clients by way of the mobile telephones (22.1...22.n). The financial account is structured such that there are a parent client and a plurality of subsidiary clients who are permitted to transact against the account, the parent client and the subsidiary clients having different rights in respect of the account.