Patent · US Active

Systems and methods for authorizing an allocation of an amount between transaction accounts

US8275704B2 · kind B2 · utility

107Cited by

74References

21Claims

0Family size

Assignee

Lead Core Fund, L.L.C. · US

Inventors

Fred Bishop · Glendale, US
Bansi L. Sharma · New York, US
Tracey R. Thomas · New York, US

Key dates

Filing date	Jan 16, 2009
Grant date	Sep 25, 2012
Priority date	—
Expiry date	Feb 4, 2030

Classification

Technology area (CPC G)Physics
CPC primaryG06Q20/40
WIPO fieldIT methods for management
WIPO sectorElectrical engineering

Abstract

A financial account issuer facilitating transactions between accounts is disclosed. The invention provides sellers with an irrevocable method of receiving funds from a purchaser and for improving purchaser willingness to transact with an unknown party. The invention also enables the allocation of a portion or all of a charge or loyalty points to different transaction accounts issued by different issuers, or to sub-accounts.

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