Michael D. Kelly - Manassas Park VA, US Steffen Frey - Washington DC, US Eva Robinson - Waldorf MD, US Thomas Nash - Milton, CA Tracey Renaud - London, GB Justin Talbot-Stern - Phoenix AZ, US
Assignee:
MasterCard International Incorporated - Purchase NY
International Classification:
G06Q 30/00 G06Q 10/00 G06Q 20/00 G06Q 50/00
US Classification:
705 7, 705 30, 705 34, 705 26
Abstract:
A plurality of validated electronic trade documents, associated with a transaction between a government agency buyer and a government agency seller, are obtained. The electronic trade documents are logically linked in an intragovernmental transaction container, and periodically scanned to determine if conditions exist for at least partial settlement of the transaction. Responsive to the determination that the conditions for the at least partial settlement of the transaction exist, the at least partial settlement of the transaction is initiated. Capability for handling grants can also be provided.