Patent · US Active

System and method for electronically transferring money

US11488122B2 · kind B2 · utility

11Cited by
0References
23Claims
0Family size

Inventors

Key dates

Filing dateJun 13, 2016
Grant dateNov 1, 2022
Priority date
Expiry dateJul 28, 2038

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q20/40145
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A system and method are provided for transferring money from a sender to a receiver. According to the method, non-private identifying information is received. The non-private identifying information is used to determine the identity of the receiver, and an indication is received of an amount of money to be transferred from the sender to the receiver. An account of the sender is debited and an account of the receiver is credited based on the amount of money to be transferred.

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