Patent · US Active

Multiple-entity transaction systems and methods

US10783502B2 · kind B2 · utility

5Cited by
123References
20Claims
0Family size

Assignee

Inventors

Key dates

Filing dateAug 4, 2014
Grant dateSep 22, 2020
Priority date
Expiry dateMay 20, 2035

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG07F19/203
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

Methods and systems are provided for performing a funds transfer. The method may include determining which of a plurality of different funds-transfer companies is able to complete the funds transfer in accordance with defined parameters. The method may also include determining a default service fee charged for the funds transfer by a funds-transfer company of a subset of the plurality of different funds-transfer companies. The method may additionally include transmitting to at least one funds-transfer company of the subset of the plurality of different funds-transfer companies details of the funds transfer, where the details of the funds-transfer comprises the default service fee. The method may furthermore include transmitting an identification of the subset of the plurality of different funds-transfer companies, each of which is capable of completing the funds transfer in accordance with the defined parameters, the subset including at least two of the plurality of different funds-transfer companies.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.