Invention Grant
- Patent Title: Systems and methods for use in transferring funds between payment accounts
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Application No.: US15238000Application Date: 2016-08-16
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Publication No.: US10740735B2Publication Date: 2020-08-11
- Inventor: Sandeep Malhotra , Ian David Alan Maddocks
- Applicant: MASTERCARD INTERNATIONAL INCORPORATED
- Applicant Address: US NY Purchase
- Assignee: MASTERCARD INTERNATIONAL INCORPORATED
- Current Assignee: MASTERCARD INTERNATIONAL INCORPORATED
- Current Assignee Address: US NY Purchase
- Agency: Harness, Dickey & Pierce, P.L.C.
- Main IPC: G06Q20/00
- IPC: G06Q20/00 ; G06Q20/10 ; G06Q20/32 ; G06Q20/22

Abstract:
Systems and methods are provided for use in facilitating fund transfers between source accounts and destination accounts, based on source account identifiers included in computer-readable indicia. One exemplary method includes capturing, by a computing device, at least one symbol representative of a destination account identifier associated with the destination account and identifying, by the computing device, a source account. The method further includes receiving, by the computing device, at least one payment parameter and causing, by the computing device, a fund transfer transaction based on the destination account identifier, the source account identifier, and the at least one payment parameter, whereby a payment from the source account to the destination account is initiated.
Public/Granted literature
- US20170262819A1 Systems and Methods for Use in Transferring Funds Between Payment Accounts Public/Granted day:2017-09-14
Information query