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:
May. 13, 2008
Filed:
Dec. 02, 2003
Paul Gallagher, San Francisco, CA (US);
Steve Davis, San Leandro, CA (US);
Kaycie Roberts, San Francisco, CA (US);
Robert Simon, San Francisco, CA (US);
Michael Baum, San Francisco, CA (US);
Mieko Schmandt, Portola Valley, CA (US);
Peihuan Meng, Redwood City, CA (US);
Ivan Liu, Redwood City, CA (US);
Jorge Noa, San Francisco, CA (US);
Martin Hampton, Belmont, CA (US);
Paul Gallagher, San Francisco, CA (US);
Steve Davis, San Leandro, CA (US);
Kaycie Roberts, San Francisco, CA (US);
Robert Simon, San Francisco, CA (US);
Michael Baum, San Francisco, CA (US);
Mieko Schmandt, Portola Valley, CA (US);
Peihuan Meng, Redwood City, CA (US);
Ivan Liu, Redwood City, CA (US);
Jorge Noa, San Francisco, CA (US);
Martin Hampton, Belmont, CA (US);
Yahoo, Inc., Sunnyvale, CA (US);
Abstract
Systems for effecting online financial transactions between individuals are disclosed. Any user may initiate a send money transaction or a request payment transaction with any other entity provided that entity has an e-mail address. For a send money transaction, the user sending money (payor) enters an amount of funds to be transferred and an e-mail address of the recipient of the funds (payee). The transfer request may include an identity confirmation through which the payor confirms the identity of the payee. The system sends an e-mail message to the payee at the address provided indicating that the amount of funds has been 'received' on the payee's behalf. The payee may open an online account or identify an existing online account to complete the transaction as well as provide identity confirmation for the payor. Upon confirmation, the transfer may occur.