IP3 2019-Financial Transactions

This lot is generally related to financial transactions. Disclosed are techniques to settle financial transactions by providing account identifier and contact information to merchants so that merchants interact with a settlement house (SH). The settlement house communicates with the customer and financial services provider for settlement of accounts. Also disclosed are techniques to approve the electronic transaction by the financial institution and forward the approval to the settlement house. The technology may be implemented in PoS devices, eCommerce applications, etc.