Systems and methods for facilitating transactions with different account issuers
First Claim
1. A method comprising:
- receiving, at the first financial account issuer server for facilitating a transaction, a request to debit a first amount from a first financial account having a first identifier associated with the first financial account, wherein the request to debit includes the first identifier, the first amount to be debited and a second identifier associated with a second financial account, and wherein the first financial account issuer server issued the first financial account;
determining, by the first financial account issuer server, if the request to debit the first financial account is fraudulent;
debiting, by the first financial account issuer server, the first amount from the first financial account, if the request to debit the first financial account is not fraudulent; and
transmitting, from the first financial account issuer server to a second financial account issuer server, a request to credit at least a portion of the first amount to the second financial account having the second identifier associated with the second financial account, wherein the second financial account is issued by the second financial account issuer server, and wherein the second financial account issuer server determines if the request to credit the second financial account is fraudulent based upon a fraud analysis routine, wherein the fraud analysis routine analyzes pre-determined criteria associated with the request to debit, the request to credit, the first financial account and the second financial account, and wherein the second financial account issuer server credits 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 comprising:
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receiving, at the first financial account issuer server for facilitating a transaction, a request to debit a first amount from a first financial account having a first identifier associated with the first financial account, wherein the request to debit includes the first identifier, the first amount to be debited and a second identifier associated with a second financial account, and wherein the first financial account issuer server issued the first financial account; determining, by the first financial account issuer server, if the request to debit the first financial account is fraudulent; debiting, by the first financial account issuer server, the first amount from the first financial account, if the request to debit the first financial account is not fraudulent; and transmitting, from the first financial account issuer server to a second financial account issuer server, a request to credit at least a portion of the first amount to the second financial account having the second identifier associated with the second financial account, wherein the second financial account is issued by the second financial account issuer server, and wherein the second financial account issuer server determines if the request to credit the second financial account is fraudulent based upon a fraud analysis routine, wherein the fraud analysis routine analyzes pre-determined criteria associated with the request to debit, the request to credit, the first financial account and the second financial account, and wherein the second financial account issuer server credits 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, 19)
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20. A non-transitory, tangible computer-readable medium having stored thereon a plurality of instructions that, in response to execution by a first financial account issuer server for facilitating a transaction, cause the first financial account server to perform operations, comprising:
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receiving, by the first financial account issuer server, a request to debit a first amount from a first financial account having a first identifier associated with the first financial account, wherein the request to debit includes the first identifier, the first amount to be debited and a second identifier associated with a second financial account, and wherein the first financial account issuer server issued the first financial account; determining, by the first financial account issuer server, if the request to debit the first financial account is fraudulent; debiting, by the first financial account issuer server, the first amount from the first financial account, if the request to debit the first financial account is not fraudulent; and transmitting, from the first financial account issuer server to a second financial account issuer server, a request to credit at least a portion of the first amount to the second financial account having the second identifier associated with the second financial account, wherein the second financial account is issued by the second financial account issuer server, and wherein the second financial account issuer server determines if the request to credit the second financial account is fraudulent based upon a fraud analysis routine, wherein the fraud analysis routine analyzes pre-determined criteria associated with the request to debit, the request to credit, the first financial account and the second financial account, and wherein the second financial account issuer server credits 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