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.
Patent No.:
Date of Patent:
Jan. 14, 2025
Filed:
Jun. 24, 2021
Visa International Service Association, San Francisco, CA (US);
Raj Parekh, San Francisco, CA (US);
Libby Kurien, San Francisco, CA (US);
Cuy Sheffield, San Francisco, CA (US);
Visa International Service Association, San Francisco, CA (US);
Abstract
A method is disclosed. The method comprises receiving, by a processing network computer, a plurality of clearing files from a plurality of transport computers. The processing network computer may then generate, based on the data in the plurality of clearing files, a settlement file comprising a first settlement amount and a first destination associated with an account at a custodian computer. The processing network computer may then transmit the settlement file to an authorizing entity computer. The processing network computer may then transmit a transfer instruction file comprising the first destination, a second settlement amount, and a second destination associated with a transport computer to a custodian computer. Later, the authorizing entity computer sends the first settlement amount to the first destination at the custodian computer. Then the custodian computer, or the processing network computer, sends the second settlement amount to the second destination associated with the transport computer.