US 8,799,154 B2 · Multiple-entity transaction systems and methods

Abstract

Methods and systems are provided for performing a funds transfer. The method may include determining which of a plurality of different funds-transfer companies is able to complete the funds transfer in accordance with defined parameters. The method may also include determining a default service fee charged for the funds transfer by a funds-transfer company of a subset of the plurality of different funds-transfer companies. The method may additionally include transmitting to at least one funds-transfer company of the subset of the plurality of different funds-transfer companies details of the funds transfer, where the details of the funds-transfer comprises the default service fee. The method may furthermore include transmitting an identification of the subset of the plurality of different funds-transfer companies, each of which is capable of completing the funds transfer in accordance with the defined parameters, the subset including at least two of the plurality of different funds-transfer companies.

Claims19

Dependent claims

A method for performing a funds transfer, the method comprising:

determining, with a host system, which of a plurality of different funds-transfer companies is able to complete the funds transfer in accordance with defined parameters;
determining, with the host system, a default service fee charged for the funds transfer by a funds-transfer company of a subset of the plurality of different funds-transfer companies;
transmitting, from the host system to at least one funds-transfer company of the subset of the plurality of different funds-transfer companies, details of the funds transfer;
transmitting, from the host system, an identification of the subset of the plurality of different funds-transfer companies, each of which is capable of completing the funds transfer in accordance with the defined parameters, the subset including at least one of the plurality of different funds-transfer companies;
transmitting, from the host system to a sender, a list of prices charged for transferring funds by each of the subset of the plurality of different funds-transfer companies;
receiving, at the host system, a selection of a funds-transfer company;
and
receiving, at the host system, a request to initiate the funds transfer.

5 more elements

A non-transitory machine readable medium having instructions stored thereon for performing a funds transfer, the instructions executable by a processor to at least:

determine which of a plurality of different funds-transfer companies is able to complete the funds transfer in accordance with defined parameters;
determine a default service fee charged for the funds transfer by a funds-transfer company of a subset of the plurality of different funds-transfer companies;
transmit to at least one funds-transfer company of the subset of the plurality of different funds-transfer companies, details of the funds transfer;
transmit an identification of the subset of the plurality of different funds-transfer companies, each of which is capable of completing the funds transfer in accordance with the defined parameters, the subset including at least one of the plurality of different funds-transfer companies;
transmit to a sender a list of prices charged for transferring funds by each of the subset of the plurality of different funds-transfer companies;
receive a selection of a funds-transfer company;
and
receive a request to initiate the funds transfer.

5 more elements

A system for performing a funds transfer, wherein the system comprises:

a host computer configured to:
determine which of a plurality of different funds-transfer companies is able to complete the funds transfer in accordance with defined parameters;
determine a default service fee charged for the funds transfer by a funds-transfer company of a subset of the plurality of different funds-transfer companies;
transmit to at least one funds-transfer company of the subset of the plurality of different funds-transfer companies, details of the funds transfer;
transmit an identification of the subset of the plurality of different funds-transfer companies, each of which is capable of completing the funds transfer in accordance with the defined parameters, the subset including at least one of the plurality of different funds-transfer companies;
transmit to a sender a list of prices charged for transferring funds by each of the subset of the plurality of different funds-transfer companies;
receive a selection of a funds-transfer company;
and
receive a request to initiate the funds transfer.

6 more elements

Dependencies are inferred from the claim text.

Multiple-entity transaction systems and methods

Life of this patent

Multiple-entity transaction systems and methods

Life of this patent

Abstract

Claims19