Patent · US Active

Instant network cash transfer at point of sale

US11551190B1 · kind B1 · utility

5Cited by
2References
12Claims
0Family size

Assignee

Inventors

Key dates

Filing dateJun 3, 2019
Grant dateJan 10, 2023
Priority date
Expiry dateJun 3, 2039

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q20/3278
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

Point of sale (POS) devices, systems, and methods disclosed herein enable payments by merchants to non-customers, such as to employees of the merchant. A point of sale system of the merchant determines an amount of a payment to be made by the merchant to the employee. The point of sale system transmits payment instructions for executing the payment to a payment system provider computing system. The funds are made available in a bank account of the employee instantly or near instantly.

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