Patent · US Active

Systems, methods, and apparatuses for facilitating transfers between user commerce accounts associated with a merchant of a commerce platform

US11887087B2 · kind B2 · utility

1Cited by
4References
14Claims
0Family size

Assignee

Inventors

Key dates

Filing dateJan 6, 2023
Grant dateJan 30, 2024
Priority date
Expiry dateJan 6, 2043

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q20/3676
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

Disclosed embodiments provide systems, methods, and apparatuses for facilitating transfers between user commerce accounts associated with a merchant of a commerce platform within a computing environment supported by a processor and a memory to execute such functionality. An exemplary system may include a means for creating a merchant account platform at the payment system; creating a single charge from a customer at the merchant account platform; creating multiple transfers from the merchant account platform to different connected accounts, wherein the multiple transfers are to each transfer a sub-portion of proceeds associated with the single charge from the customer to each of the different connected accounts; performing the single charge from the customer to the merchant account platform; and performing each of the multiple transfers from the merchant account platform to the different connected accounts. Other embodiments are also disclosed.

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