Visa Inc.
Techniques for transaction management

Abstract:

One embodiment of the invention is directed to a method for allocating and tracking funds to connected devices to enable the connected devices to perform transactions independently. The method may comprise, receiving, at a management computer, an input amount. The input amount may be associated with a first data store. The management computer may allocate one or more segments of the input amount to one or more corresponding connected devices. The management computer may associate the one or more segments with a second data store. In at least one example, the individual segment allocated to a connected device enables the connected device to conduct a transaction. The management computer may provide the allocated segment to the connected device. Later, the management computer may receive a residual segment amount from the device and may deallocate some portion of the segment amount from the device based on the residual segment amount.