Instant network cash transfer at point of sale
US11948134B1 · kind B1 · utility
0Cited by
114References
20Claims
0Family size
Assignee
Inventors
Key dates
| Filing date | Jan 9, 2023 |
| Grant date | Apr 2, 2024 |
| Priority date | — |
| Expiry date | Jan 9, 2043 |
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.