Systems and Methods for Facilitating Transactions Between Different Financial Accounts
First Claim
1. A method for a first financial account issuer to facilitate a transaction, the method comprising:
- receiving, at the first financial account issuer, a request to debit a first amount from a first financial account having a first identifier associated with the first financial account, wherein the first financial account issuer issued the first financial account, and wherein the financial account issuer comprises a server;
receiving, at the first financial account issuer, a request to credit at least a portion of the first amount to a second financial account having a second identifier associated with the second financial account, wherein a second financial account issuer issued the second financial account;
determining, by the first financial account issuer, if at least one of the request to debit the first financial account or the request to credit the second financial account is fraudulent;
facilitating debiting, by the first financial account issuer, the first amount from the first financial account, if the request to debit the first financial account is not fraudulent; and
,facilitating crediting, by the first financial account issuer, at least a portion of the first amount to the second financial account, if the request to credit the second financial account is not fraudulent.
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Accused Products
Abstract
A financial account issuer facilitating transactions between accounts is disclosed. The invention provides sellers with an irrevocable method of receiving funds from a purchaser and for improving purchaser willingness to transact with an unknown party. The invention also includes the options of interest payments, the use of different account issuers, different financial accounts, budget transfers, spend compartmentalization, cost-splitting, adjusting credit limits, loans, gifting, intermediary facilitating the transaction, transaction tracking, rapid funds availability, confidential transfer of funds, immediate initiation of shipment by a seller, releasing funds to a seller only after approval of the goods, services, or other value, demonstrating proof of payment, and recourse against a remote seller.
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Citations
20 Claims
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1. A method for a first financial account issuer to facilitate a transaction, the method comprising:
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receiving, at the first financial account issuer, a request to debit a first amount from a first financial account having a first identifier associated with the first financial account, wherein the first financial account issuer issued the first financial account, and wherein the financial account issuer comprises a server; receiving, at the first financial account issuer, a request to credit at least a portion of the first amount to a second financial account having a second identifier associated with the second financial account, wherein a second financial account issuer issued the second financial account; determining, by the first financial account issuer, if at least one of the request to debit the first financial account or the request to credit the second financial account is fraudulent; facilitating debiting, by the first financial account issuer, the first amount from the first financial account, if the request to debit the first financial account is not fraudulent; and
,facilitating crediting, by the first financial account issuer, at least a portion of the first amount to the second financial account, if the request to credit the second financial account is not fraudulent. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18)
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19. A method for using a first financial account issuer to facilitate a transaction, the method comprising:
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sending, to the first financial account issuer, a first identifier associated with a first financial account, wherein the first financial account issuer issued the first financial account, and wherein the first financial account issuer comprises a server; sending, to the first financial account issuer, a request to debit a first amount from the first financial account, wherein the first financial account issuer determines if the request to debit the first financial account is fraudulent, and wherein the first financial account issuer facilitates debiting the first amount from the first financial account if the request to debit the first financial account is not fraudulent; sending, to the first financial account issuer, a second identifier associated with a second financial account, wherein a second financial account issuer issued the second financial account; and
,sending, to the first financial account issuer, a request to credit at least a portion of the first amount to the second financial account, wherein the first financial account issuer determines if the request to credit the second financial account is fraudulent, and wherein the first financial account issuer facilitates crediting at least a portion of the first amount to the second financial account, if the request to credit the second financial account is not fraudulent.
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20. A computer-readable medium having stored thereon a plurality of instructions for a first financial account issuer to facilitate a transaction, the plurality of instructions comprising:
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instructions to receive, at the first financial account issuer, a request to debit a first amount from a first financial account having a first identifier associated with the first financial account, wherein the first financial account issuer issued the first financial account, and wherein the financial account issuer comprises a server; instructions to receive, at the first financial account issuer, a request to credit at least a portion of the first amount to a second financial account having a second identifier associated with the second financial account, wherein a second financial account issuer issued the second financial account; instructions to determine, by the first financial account issuer, if at least one of the request to debit the first financial account or the request to credit the second financial account is fraudulent; instructions to facilitate debiting, by the first financial account issuer, the first amount from the first financial account, if the request to debit the first financial account is not fraudulent; and
,instructions to facilitate crediting, by the first financial account issuer, at least a portion of the first amount to the second financial account, if the request to credit the second financial account is not fraudulent.
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Specification