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Sponsored Accounts For Computer-Implemented Payment System

  • US 20100223184A1
  • Filed: 05/12/2010
  • Published: 09/02/2010
  • Est. Priority Date: 10/11/2006
  • Status: Abandoned Application
First Claim
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1. A computer-implemented payment system, comprising:

  • an account processor to execute software instructions for creating and managing electronic payment accounts;

    an accounts database to store account data from the account processor;

    the account processor being configured to create a primary account and a sponsored account in the accounts database;

    the primary account being associated with a primary account holder, the primary account holder having access to the primary account to add and remove funds; and

    the sponsored account being associated with both the primary account holder and a sponsored account holder, the primary account holder having access to the sponsored account to transfer funds between the primary account and the sponsored account in order to add and remove funds from the sponsored account, the sponsored account holder having access to the sponsored account for making transactions using funds in the sponsored account.

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