Method and system for facilitating the transfer of funds utilizing a telephonic identifier
First Claim
1. A method for facilitating the processing of a transaction including the transfer of value between a first and a second user, said second user associated with a telephonic identifier, comprising:
- obtaining a request from said first user to transfer a quantity of value to said second user, wherein said request includes said telephonic identifier associated with said second user;
accessing an account corresponding to said first user; and
transferring said quantity of value from said account corresponding to said first user to an account corresponding to said telephonic identifier associated with said second user.
1 Assignment
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Accused Products
Abstract
A method and system for facilitating the transfer of funds with a telephonic identifier are provided. A payor accesses a funding manager server utilizing a first identifier. The payor funds an account associated with the payor. Contemporaneously or subsequently, the payor designates an amount to transfer to a payee account associated with a second telephone number identifier. If the second telephone number corresponds to an active account in the funding system, the funding system transfers the funds to the payee account and notifies the payee via the telephone number. If the second telephone number does not correspond to an active account, the funding manager server obtains payee information utilizing a reverse look up and creates a payee account associated with the payee telephone number. The funding system transfers the designated funds to the payee account and notifies the payee how to retrieve the funds via the payee telephone number.
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Citations
50 Claims
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1. A method for facilitating the processing of a transaction including the transfer of value between a first and a second user, said second user associated with a telephonic identifier, comprising:
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obtaining a request from said first user to transfer a quantity of value to said second user, wherein said request includes said telephonic identifier associated with said second user;
accessing an account corresponding to said first user; and
transferring said quantity of value from said account corresponding to said first user to an account corresponding to said telephonic identifier associated with said second user. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20)
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21. A computer readable medium having computer-executable components for facilitating the process of a transaction including the transfer of value between a first and a second user, said second user associated with a telephonic identifier, comprising:
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a carrier interface component operable to interface with one or more telephone service carriers, said service carrier in communication with said first user; and
an user account component operable to;
receive a request from said first user to transfer a quantity of value from an account associated with an identifier of said first user, said request including said telephonic identifier associated with said second user;
access said account associated with said identifier of said first user;
determine whether an account is associated with said telephonic identifier of said second user;
process the transfer of value between said account of said first user and said account of said second user if said second user telephonic identifier corresponds to an account. - View Dependent Claims (22, 23, 24, 25, 26, 27, 28, 29, 30)
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31. A system for facilitating the process of a transaction including the transfer of value between a first and a second user, said second user associated with a telephonic identifier, comprising:
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a first user desiring to transfer a quantity of value from a first user account;
a second user for receiving said quantity of value, said system establishing an account associated with said telephonic identifier of said second user; and
a transfer server operable to receive a request from said first user desiring to transfer said quantity of value from said first user account, said request including said telephonic identifier of said second user, and further operable to transfer said quantity of value to said account associated with said second user. - View Dependent Claims (32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49, 50)
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Specification