Method and system for processing transfer requests
AssigneeeBay Inc.
InventorsJason Alexander Korosec, Osama Mostafa Bedier, Damon Charles Hougland
Life of this patent
Estimating the term…
Abstract
Methods and system for processing transfer requests are described. In one embodiment, a value transfer request may be received from a value provider through a network. The value transfer request may include a value amount to be provided from a source user to a target user. A settlement account of the value provider may be reduced by the value amount. A target account of the target user may be increased by the value amount.
Claims23
A system comprising:
- a non-transitory memory storing account information for a plurality of users having an account with a payment provider, wherein the account information comprises a user account identifier;
- and
- one or more hardware processors in communication with the non-transitory memory and operable for:
- receiving, by the payment provider, a value transfer request from a value provider different than the payment provider, the value transfer request including a value amount to be provided from a source user to a target user;
- reducing, by the payment provider, a settlement account of the value provider by a first value amount corresponding to the value amount, wherein the settlement account is associated with the payment provider;
- and
- funding, by the payment provider, a target account of the target user by a second value amount corresponding to the value amount, wherein only the value provider and the target user are required to have an account with the payment provider.
A non-transitory computer readable medium including instructions that, when executed by one or more processors, cause the one or more processors to perform a method comprising:
- receiving, by a payment provider, a value transfer request from a value provider different than the payment provider, the value transfer request including a value amount to be provided from a source user to a target user;
- reducing, by the payment provider, a settlement account of the value provider by a first value amount corresponding to the value amount, wherein the settlement account is associated with the payment provider;
- and
- funding, by the payment provider, a target account of the target user by a second value amount corresponding to the value amount, wherein only the value provider and the target user are required to have an account with the payment provider.
A method comprising:
- receiving, by a hardware processor of a payment provider, a value transfer request from a value provider different than the payment provider, the value transfer request including a value amount to be provided from a source user to a target user, wherein the value transfer request is received from the source user through a banking terminal, a set-up box, a portable gaming unit, a mobile telephone, or a display device;
- reducing, by the hardware processor, a settlement account of the value provider by a first value amount corresponding to the value amount, wherein the settlement account is associated with the payment provider;
- and
- funding, by the hardware processor, a target account of the target user by a second value amount corresponding to the value amount, wherein only the value provider and the target user are required to have an account with the payment provider.
Dependencies are inferred from the claim text.