Payroll system with flexible disbursement options

US9613381B2 · kind B2 · utility

Assignee

• MASTERCARD INTERNATIONAL INCORPORATED · US

Inventors

• Stephen Parento · White Plains, US
• Ronald Carl Hynes · Ridgefield, US
• Shekhar Sahgal · Stamford, US

Key dates

• Filing date: Aug 15, 2014
• Grant date: Apr 4, 2017
• Expiry date: Aug 15, 2034

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q20/10
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A method includes storing payroll information for an employee of an employer. The payroll information may include the employee's name, address, electronic contact information, etc. A payroll service computer may receive an indication from an employer that the computer is to make a payroll disbursement to the employee. The computer may present disbursement options to the employee. The employee may select one of the disbursement options. The computer may initiate the payroll disbursement in accordance with the option selected by the employee.