Systems and methods for transferring value to payment accounts

US9477957B2 · kind B2 · utility

Assignee

• MASTERCARD INTERNATIONAL INCORPORATED · US

Inventors

• Ryan Bodman · Brooklyn, US
• Stephen Parento · White Plains, US
• Matthew Lanford · New York, US
• Claire Dudley-Hodson · Kenilworth, GB

Key dates

• Filing date: Sep 8, 2014
• Grant date: Oct 25, 2016
• Expiry date: Sep 8, 2034

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q20/409
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Systems and methods are provided for transferring value from a voucher to a payment account associated with a consumer. One exemplary method includes receiving, at a computing device, a load request to transfer value from a voucher to a payment account associated with a consumer. The load request includes a selection, at the computing device, of a provider associated with the voucher, from multiple different available voucher providers. A transaction request is then communicated, by the computing device, to transfer the value from the voucher to the payment account. The transaction request includes an identification number for the voucher and an account number for the payment account. When a transfer authorization is received at the computing device in response to the transaction request, a confirmation is generated, by the computing device, indicating that the value from the voucher has been transferred to the payment account.