The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.

The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.

Date of Patent:
Jun. 01, 2021

Filed:

Jun. 29, 2017
Applicant:

Ipco 2012 Limited, London, GB;

Inventors:

Robert Boothby, London, GB;

Sunil Peenikal, London, GB;

Assignee:

IPCO 2012 LIMITED, London, GB;

Attorney:
Primary Examiner:
Int. Cl.
CPC ...
G06Q 20/02 (2012.01); G06F 21/31 (2013.01); G06Q 20/08 (2012.01); G06Q 20/38 (2012.01); G06Q 20/42 (2012.01); G06Q 20/32 (2012.01); G06Q 20/40 (2012.01);
U.S. Cl.
CPC ...
G06Q 20/085 (2013.01); G06Q 20/32 (2013.01); G06Q 20/385 (2013.01); G06Q 20/40 (2013.01); G06Q 20/425 (2013.01);
Abstract

Provided herein is a method of facilitating a transaction between a payer and a payee using a push payment. The payee sends a request for a payment identification code to a payment agent with payment information. The payment agent generates a unique payment identification code and stores the code along with the associated payment information, and sends the payment identification code to the payee who provides the code to the payer. The payer sends the payment identification code to a financial institution that forwards the code to the payment agent, which uses the code to retrieve the previously stored payment information, and sends the information to the financial institution who forwards the information to the payer. The payer may review information and send a request to pay message including the code to the financial institution, which then arranges for a push payment from the payer to the payee.


Find Patent Forward Citations

Loading…