Systems and methods for establishing an allocation of an amount between transaction accounts
First Claim
Patent Images
1. A method comprising:
- establishing, by a computer-based system for allocating an amount associated with a transaction, at least a portion of an allocation rule associated with a first identifier; and
sending, by the computer-based system and to a first financial account issuer server, the allocation rule and a request to debit the amount from a first financial account having the first identifier, wherein the first financial account issuer server issued the first financial account, and wherein the sending is via a communication link between the computer-based system and the first financial account issuer server;
wherein the first financial account issuer server debits a first portion of the amount from the first financial account based on the allocation rule, and allocates a second portion of the amount to a second financial account having a second identifier based on the allocation rule; and
wherein a second financial account issuer server issued the second financial account, wherein the second financial account issuer server is different from the first financial account issuer server, and wherein the second financial account issuer server debits the second portion of the amount from the second financial account.
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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 enables the allocation of a portion or all of a charge or loyalty points to different transaction accounts issued by different issuers, or to sub-accounts.
92 Citations
20 Claims
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1. A method comprising:
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establishing, by a computer-based system for allocating an amount associated with a transaction, at least a portion of an allocation rule associated with a first identifier; and sending, by the computer-based system and to a first financial account issuer server, the allocation rule and a request to debit the amount from a first financial account having the first identifier, wherein the first financial account issuer server issued the first financial account, and wherein the sending is via a communication link between the computer-based system and the first financial account issuer server; wherein the first financial account issuer server debits a first portion of the amount from the first financial account based on the allocation rule, and allocates a second portion of the amount to a second financial account having a second identifier based on the allocation rule; and wherein a second financial account issuer server issued the second financial account, wherein the second financial account issuer server is different from the first financial account issuer server, and wherein the second financial account issuer server debits the second portion of the amount from the second financial account. - 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. An article of manufacture including a non-transitory, tangible computer readable medium having instructions stored thereon that, in response to execution by a computer-based system allocating an amount associated with a transaction, cause the computer-based system to perform operations comprising:
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establishing, by a computer-based system, at least a portion of an allocation rule associated with a first identifier; and sending, by the computer-based system and to a first financial account issuer server, the allocation rule and a request to debit the amount from a first financial account having the first identifier, wherein the first financial account issuer server issued the first financial account, and wherein the sending is via a communication link between the computer-based system and the first financial account issuer server; wherein the first financial account issuer server debits a first portion of the amount from the first financial account based on the allocation rule, and allocates a second portion of the amount to a second financial account having a second identifier based on the allocation rule; and wherein a second financial account issuer server issued the second financial account, wherein the second financial account issuer server is different from the first financial account issuer server, and wherein the second financial account issuer server debits the second portion of the amount from the second financial account.
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Specification