System and method for transferring money from a mobile phone account
OwnerDiego Franco Mortillaro, Marko Marasinventors
Life of this patent
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Abstract
A computer-implemented method, computer program product, and system for establishing an association between a mobile phone account of a user and a consumer debit account of the user. A first transfer of funds is effectuated from the mobile phone account to the consumer debit account. A second transfer of funds from the consumer debit account to a third party is enabled using at least a portion of the first transferred funds.
Claims30
A computer-implemented method comprising:
- establishing an association between a mobile phone account of a user and a consumer debit account of the user;
- effectuating a first transfer of funds from the mobile phone account to the consumer debit account;
- and
- enabling a second transfer of funds from the consumer debit account to a third party using at least a portion of the first transferred funds.
A computer program product residing on a computer readable medium having a plurality of instructions stored thereon, which, when executed by a processor, cause the processor to perform operations comprising
- establishing an association between a mobile phone account of a user and a consumer debit account of the user;
- effectuating a first transfer of funds from the mobile phone account to the consumer debit account;
- and
- enabling a second transfer of funds from the consumer debit account to a third party using at least a portion of the first transferred funds.
A computing system comprising:
- at least one processor;
- at least one memory architecture coupled with the at least one processor;
- a first software module executed on the at least one processor and the at least one memory architecture, wherein the first software module is configured to establish an association between a mobile phone account of a user and a consumer debit account of the user;
- a second software module executed on the at least one processor and the at least one memory architecture, wherein the second software module is configured to effectuate a first transfer of funds from the mobile phone account to the consumer debit account;
- and
- a third software module executed on the at least one processor and the at least one memory architecture, wherein the third software module is configured to enable a second transfer of funds from the consumer debit account to a third party using at least a portion of the first transferred funds.
Dependencies are inferred from the claim text.