System and method for establishing a payment mechanism with a plurality of merchants
US10163092B2 · kind B2 · utility
16Cited by
18References
14Claims
0Family size
Assignee
Inventor
Key dates
| Filing date | Jun 3, 2015 |
| Grant date | Dec 25, 2018 |
| Priority date | — |
| Expiry date | Jan 18, 2037 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q20/28
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A network service operates to initialize and link a card instrument to a merchant or merchant location, so that the merchant can receive funds the service. One or more requests are detected to use the card instrument for one or more transactions, where each transaction involves a corresponding customer who has registered a customer funding account with the network service. For each of the transactions, a merchant account is funded using a funding account of the card instrument.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.