Invention Grant
- Patent Title: Systems and methods for use in transferring funds between payment accounts
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Application No.: US16920273Application Date: 2020-07-02
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Publication No.: US11328271B2Publication Date: 2022-05-10
- 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. One exemplary method includes capturing a computer-readable indicia representative of: a destination account identifier specific to a destination account of a first party and a name of the first party associated with the destination account and, in response to the captured indicia, displaying the name of the first party as a confirmation that the first party is associated with the destination account. The method also includes identifying a source account identifier associated with a source account based on a selection of the source account or on the source account being a default account, and compiling and transmitting a transfer request for a fund transfer based on: the destination account identifier, the source account identifier associated with the identified source account, and a payment amount for the fund transfer.
Public/Granted literature
- US20200334647A1 Systems and Methods for Use in Transferring Funds Between Payment Accounts Public/Granted day:2020-10-22
Information query