Real time funding solution for miscellaneous income

US10134016B2 · kind B2 · utility

Assignee

• ADP, Inc. · US

Inventors

• Nizam Antoo · Redwood City, US
• Michael T. Hosea · Rancho Cucamonga, US
• Maria Kirgan · Laguna Niguel, US
• Gary Lott · San Dimas, US
• Fernando C. Macalinao · Goleta, US
• Sumeet A. Palkar · Irvine, US
• Anthony Peculic · West Hollywood, US
• Hamid Qaasim · San Dimas, US
• Yin Zhang · Shanghai, CN

Key dates

• Filing date: Nov 18, 2014
• Grant date: Nov 20, 2018
• Expiry date: Jun 9, 2037

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q40/125
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Systems and processes for real-time instant funding solutions for miscellaneous income are disclosed. The method of funding miscellaneous income includes securely transmitting a funding information file or a real time funding transaction request with miscellaneous funding information to a funding card processing system using real-time web services APIs which are externally accessible by an external computing system, e.g., point of sale, time and labor or payroll system. The method further includes processing the funding information file with the funding card processing system, which includes at least identifying client information and a user receiving miscellaneous income contained within the miscellaneous funding information. The method further includes funding a payroll card of the identified user with the miscellaneous income received with the miscellaneous funding information of the funding information file.