Patent · US Active

System and method for electronically transferring money

US12260379B2 · kind B2 · utility

0Cited by
2References
20Claims
0Family size

Inventors

Key dates

Filing dateOct 31, 2022
Grant dateMar 25, 2025
Priority date
Expiry dateOct 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.