System and method for electronically transferring money
US12260379B2 · kind B2 · utility
Inventors
Key dates
| Filing date | Oct 31, 2022 |
| Grant date | Mar 25, 2025 |
| Priority date | — |
| Expiry date | Oct 31, 2042 |
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.