Invention Grant
- Patent Title: Recovery of declined transactions
- Patent Title (中): 恢复被拒的交易
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Application No.: US14191361Application Date: 2014-02-26
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Publication No.: US09582787B2Publication Date: 2017-02-28
- Inventor: Venkatraman Muthukrishnan , Desmond Kwokhon Chan
- Applicant: PAYPAL, INC.
- Applicant Address: US CA San Jose
- Assignee: PAYPAL, INC.
- Current Assignee: PAYPAL, INC.
- Current Assignee Address: US CA San Jose
- Agency: Haynes and Boone, LLP
- Main IPC: G06Q40/00
- IPC: G06Q40/00 ; G06Q20/02 ; G06Q20/12 ; G06Q20/40

Abstract:
Systems and methods for facilitating a purchase are described. When a payment processor declines a transaction, an error code is sent to a merchant. The error code indicates to the merchant that the failed transaction is recoverable if the user chooses a new funding source or payment instrument. The merchant sends the user back to a payment service provider site where the user can either choose a new funding source or enter a new payment method.
Public/Granted literature
- US20140316981A1 RECOVERY OF DECLINED TRANSACTIONS Public/Granted day:2014-10-23
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