- Patent Title: Methods for facilitating funds disbursements and devices thereof
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Application No.: US17395826Application Date: 2021-08-06
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Publication No.: US11580505B2Publication Date: 2023-02-14
- Inventor: Johnathan Welch
- Applicant: JPMorgan Chase Bank, N.A.
- Applicant Address: US NY New York
- Assignee: JPMorgan Chase Bank, N.A.
- Current Assignee: JPMorgan Chase Bank, N.A.
- Current Assignee Address: US NY New York
- Agency: Greenblum & Bernstein, P.L.C.
- Main IPC: G06Q20/00
- IPC: G06Q20/00 ; G06Q20/04 ; G06Q20/10 ; G06Q20/38 ; G06Q20/40 ; G06K19/06 ; G06Q20/32
Abstract:
Systems and methods for facilitating a disbursement of funds to a payee are provided. The methods include receiving a payment request from a payor; generating a code, such as barcode, a Quick Response (QR) code, a Near Field Communication (NFC) code, or a textual string, that corresponds to the received payment request; transmitting the generated code to the payee; validating the code when the code is entered into a payment disbursement machine, such as an automated teller machine; and disbursing at least one of the funds and a payment voucher via the payment disbursement machine.
Public/Granted literature
- US20210365901A1 METHODS FOR FACILITATING FUNDS DISBURSEMENTS AND DEVICES THEREOF Public/Granted day:2021-11-25
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