SYSTEM AND METHOD FOR TRANSFERRING MONEY FROM A MOBILE PHONE ACCOUNT

• US 20110035290A1
• Filed: 08/10/2009
• Published: 02/10/2011
• Est. Priority Date: 08/10/2009
• Status: Abandoned Application

• Current Assignee: Onebip
• Original Assignee: Onebip
• Inventors: Maras, Marko, Mortillaro, Diego Franco
• Application Number:
  US12/538,481
• Publication Number:
  US 20110035290A1
• Time in Patent Office: Days
• US Class Current: 705/26.1
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 20/108 Remote banking, e.g. home banking
• CPC Class Codes: G06Q 20/3223 Realising banking transactions through M-devices
• CPC Class Codes: G06Q 30/0601 Electronic shopping [e-shopping]

Abstract

A computer-implemented method, computer program product, and system for establishing an association between a mobile phone account of a user and a consumer debit account of the user. A first transfer of funds is effectuated from the mobile phone account to the consumer debit account. A second transfer of funds from the consumer debit account to a third party is enabled using at least a portion of the first transferred funds.

Claims

1. A computer-implemented method comprising:

establishing an association between a mobile phone account of a user and a consumer debit account of the user;

effectuating a first transfer of funds from the mobile phone account to the consumer debit account; and

enabling a second transfer of funds from the consumer debit account to a third party using at least a portion of the first transferred funds.

2. The computer-implemented method of claim 1 wherein establishing an association includes:

defining a mobile device for the mobile phone account.

3. The computer-implemented method of claim 2 wherein establishing an association further includes:

defining a telephone number for the mobile device.

4. The computer-implemented method of claim 2 wherein establishing an association further includes:

defining a mobile network for the mobile device.

5. The computer-implemented method of claim 1 wherein effectuating a first transfer of funds includes one or more of:

effectuating a first transfer of funds via a web browser; and

effectuating a first transfer of funds via text message.

6. The computer-implemented method of claim 1 wherein enabling a second transfer of funds includes one or more of:

enabling a second transfer of funds via a web browser; and

enabling a second transfer of funds via text message.

7. The computer-implemented method of claim 1 wherein enabling a second transfer of funds from the consumer debit account to a third party includes:

receiving an indication of an intent to make a purchase of a good/service;

determining a price of the good/service; and

comparing the price of the good/service to a balance of the consumer debit account.

8. The computer-implemented method of claim 7 wherein enabling a second transfer of funds from the consumer debit account to a third party further includes:

if the price of the good/service is greater than the balance of the consumer debit account, notifying the user of the shortage.

9. The computer-implemented method of claim 8 wherein enabling a second transfer of funds from the consumer debit account to a third party further includes:

if the price of the good/service is greater than the balance of the consumer debit account, enabling the user to transfer supplemental funds from the mobile phone account to the consumer debit account.

10. The computer-implemented method of claim 1 wherein effectuating a transfer of funds from the mobile phone account to the consumer debit account includes:

effectuating a transfer of funds as an aggregate of one or more predefined fund transfer amounts.

11. A computer program product residing on a computer readable medium having a plurality of instructions stored thereon, which, when executed by a processor, cause the processor to perform operations comprising

establishing an association between a mobile phone account of a user and a consumer debit account of the user;

effectuating a first transfer of funds from the mobile phone account to the consumer debit account; and

enabling a second transfer of funds from the consumer debit account to a third party using at least a portion of the first transferred funds.

12. The computer program product of claim 11 wherein establishing an association includes:

defining a mobile device for the mobile phone account.

13. The computer program product of claim 12 wherein establishing an association further includes:

defining a telephone number for the mobile device.

14. The computer program product of claim 12 wherein establishing an association further includes:

defining a mobile network for the mobile device.

15. The computer program product of claim 11 wherein effectuating a first transfer of funds includes one or more of:

effectuating a first transfer of funds via a web browser; and

effectuating a first transfer of funds via text message.

16. The computer program product of claim 11 wherein enabling a second transfer of funds includes one or more of:

enabling a second transfer of funds via a web browser; and

enabling a second transfer of funds via text message.

17. The computer program product of claim 11 wherein enabling a second transfer of funds from the consumer debit account to a third party includes:

receiving an indication of an intent to make a purchase of a good/service;

determining a price of the good/service; and

comparing the price of the good/service to a balance of the consumer debit account.

18. The computer program product of claim 17 wherein enabling a second transfer of funds from the consumer debit account to a third party further includes:

if the price of the good/service is greater than the balance of the consumer debit account, notifying the user of the shortage.

19. The computer program product of claim 18 wherein enabling a second transfer of funds from the consumer debit account to a third party further includes:

if the price of the good/service is greater than the balance of the consumer debit account, enabling the user to transfer supplemental funds from the mobile phone account to the consumer debit account.

20. The computer program product of claim 11 wherein effectuating a transfer of funds from the mobile phone account to the consumer debit account includes:

effectuating a transfer of funds as an aggregate of one or more predefined fund transfer amounts.

21. A computing system comprising:

at least one processor;

at least one memory architecture coupled with the at least one processor;

a first software module executed on the at least one processor and the at least one memory architecture, wherein the first software module is configured to establish an association between a mobile phone account of a user and a consumer debit account of the user;

a second software module executed on the at least one processor and the at least one memory architecture, wherein the second software module is configured to effectuate a first transfer of funds from the mobile phone account to the consumer debit account; and

a third software module executed on the at least one processor and the at least one memory architecture, wherein the third software module is configured to enable a second transfer of funds from the consumer debit account to a third party using at least a portion of the first transferred funds.

22. The computing system of claim 21 wherein the first software module is further configured to:

define a mobile device for the mobile phone account.

23. The computing system of claim 22 wherein the first software module is further configured to:

define a telephone number for the mobile device.

24. The computing system of claim 22 wherein the first software module is further configured to:

define a mobile network for the mobile device.

25. The computing system of claim 21 wherein the second software module is further configured to:

effectuate a first transfer of funds via a web browser; and

/or

effectuate a first transfer of funds via text message.

26. The computing system of claim 21 wherein the third software module is further configured to:

enable a second transfer of funds via a web browser; and

enable a second transfer of funds via text message.

27. The computing system of claim 21 wherein the third software module is further configured to:

receive an indication of an intent to make a purchase of a good/service;

determine a price of the good/service; and

compare the price of the good/service to a balance of the consumer debit account.

28. The computing system of claim 27 wherein the third software module is further configured to:

if the price of the good/service is greater than the balance of the consumer debit account, notify the user of the shortage.

29. The computing system of claim 28 wherein the third software module is further configured to:

if the price of the good/service is greater than the balance of the consumer debit account, enable the user to transfer supplemental funds from the mobile phone account to the consumer debit account.

30. The computing system of claim 21 wherein the second software module is further configured to:

effectuate a transfer of funds as an aggregate of one or more predefined fund transfer amounts.