US 2016/0224969 A1 - Systems And Methods For Facilitating A Financial Transaction - The Lens

Systems And Methods For Facilitating A Financial Transaction

Published: Aug 4, 2016
Earliest Priority: Feb 01 2015
Family: 1
Cited Works: 0
Cited by: 0
Cites: 0
Additional Info: Full text

Abstract

Techniques involve receiving requestor currency exchange information from a portable electronic device, generating an option list, and transmitting the option list to the portable electronic device. The option list may be generated based on the requestor currency exchange information, a location of the portable electronic device, and a location of potential exchangers in the option list. The requestor currency exchange information includes types and amounts of currency to be given and received in the currency exchange and/or currency exchange rates. Generating the option list involves dynamically adjusting the option list based on the location of the portable electronic device and/or potential exchangers in the option list. Techniques may also involve displaying a transaction coordination screen on the portable electronic device to facilitate a financial transaction. The transaction coordination screen may include dynamically updated information related to locations of the portable electronic device and one or more potential exchangers.

Claims

A method, comprising:
receiving, from a portable electronic device, a request comprising requestor currency exchange information;

generating an option list based on:
the requestor currency exchange information;

a location of the portable electronic device; and

a location of potential exchangers in the option list; and

transmitting the option list to the portable electronic device, wherein the option list comprises information related to potential exchangers.
The method of claim 1, wherein the requestor currency exchange information comprises a first type of currency to be given in a currency exchange, a second type of currency to be received in the currency exchange, an amount of the first type of currency to be given, an amount of the second type of currency to be received, an amount range of the first type of currency to be given, an amount range of the second type of currency to be given, or combinations thereof.
The method of claim 1, wherein the requestor currency exchange information further comprises a currency exchange rate, a currency exchange rate range for the currency exchange, or both.
The method of claim 1, wherein generating the option list is further based on exchanger currency exchange information received from the potential exchangers.
The method of claim 4, wherein exchanger currency exchange information comprises one or more of the second type of currency to be exchanged with the first type of currency, an amount of the second type of currency to be exchanged, an amount of the first type of currency to be received, a currency exchange rate, or a currency exchange rate range for the currency exchange.
The method of claim 1, wherein generating the option list comprises dynamically adjusting the option list based on the location of the portable electronic device.
The method of claim 1, wherein generating the option list comprises dynamically adjusting the option list based on the location of potential exchangers in the option list.
The method of claim 1, wherein generating the option list comprises dynamically adjusting the option list based on real-time updates in the location of the portable electronic device and real-time updates in the location of the potential exchangers.
The method of claim 1, wherein generating the option list is based on a proximity of the location of the potential exchangers to the location of the portable electronic device.
The method of claim 1, further comprising displaying a transaction coordination screen on the portable electronic device, once a potential exchanger from the option list is selected by the portable electronic device, wherein the transaction coordination screen comprises dynamically updated information related to a first location of the portable electronic device and a second location of the selected potential exchanger.
The method of claim 10, wherein displaying the transaction coordination screen comprises displaying a dynamically updated map displaying the first location and the second location and movement of the first location and movement of the second location.
The method of claim 10, wherein displaying the transaction coordination screen comprises displaying a chat interface suitable for allowing exchange of messages between the portable electronic device and a potential exchanger.
The method of claim 12, wherein displaying the transaction coordination screen comprises displaying the dynamically updated map simultaneously with the chat interface, displaying the dynamically updated map such that it can be toggled with the chat interface, or both.
The method of claim 1, wherein generating the option list is performed by a processor at a server in communication with the portable electronic device and the potential exchangers, by a processor of the portable electronic device, or combinations thereof.
A method of facilitating a transaction between a first portable electronic device and potential transacting devices, the method comprising:
receiving, from the first portable electronic device, a first transaction request;

generating an option list based on:
the first transaction request;

transaction information from the potential transacting devices;

a location of the first portable electronic device; and

a location from the potential transacting devices;

transmitting the option list to the first portable electronic device;

displaying a transaction coordination screen on the first portable electronic device and a potential transacting device when the first portable electronic device selects the potential transacting device from the offer list; and

dynamically updating a map of the transaction coordination screen with a first geolocation of the first portable electronic device and a second geolocation of the potential transacting device.
The method of claim 15, comprising receiving, from one or more potential transacting devices, one or more other transaction requests.
A method comprising:
receiving, from a first portable electronic device, a first transaction request;

receiving, from a second portable electronic device, a second transaction request;

generating an option list based on:
the first transaction request;

the second transaction request;

a location of the first portable electronic device; and

a location of the second portable electronic device;

transmitting the option list to one or more of the first portable electronic device and the second portable electronic device.
The method of claim 17, comprising dynamically updating the option list based on real-time updates in the location of the first portable electronic device and real-time updates in the location of the second portable electronic device.
The method of claim 17, comprising:
receiving one or more additional transaction requests from one or more additional portable electronic devices;

generating the option list based on the one or more additional transaction requests and one or more locations of the one or more additional portable electronic devices; and

dynamically updating the option list based on real-time updates in the location of the one or more additional portable electronic devices;

wherein transmitting the option list comprises transmitting the dynamically updated option list to one or more of the first portable electronic device, the second portable electronic device, and one or more additional portable electronic devices.
The method of claim 17 comprises displaying a transaction coordination screen on the first portable electronic device and the second portable electronic device when the first portable electronic device selects the second portable electronic device from the offer list, wherein the transaction coordination screen comprises dynamically updated information related to the location of the first portable electronic device and the location of the second portable electronic device.