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. 04, 2010
Filed:
Jan. 12, 2005
William Reid, Castro Valley, CA (US);
Keiron G. Lynch, Pleasanton, CA (US);
Craig Swackhammer, Pleasanton, CA (US);
M. Kathrina Novak, Hayward, CA (US);
L. Ted Martinez, Concord, CA (US);
John M. Bryant, Foster City, CA (US);
William Reid, Castro Valley, CA (US);
Keiron G. Lynch, Pleasanton, CA (US);
Craig Swackhammer, Pleasanton, CA (US);
M. Kathrina Novak, Hayward, CA (US);
L. Ted Martinez, Concord, CA (US);
John M. Bryant, Foster City, CA (US);
Visa International, Foster City, CA (US);
Abstract
A method for pre-funding is disclosed. The method includes sending a plurality of pre-fund authorization requests to a buyer financial institution, and then receiving a plurality of responses to the pre-fund authorization requests from the buyer financial institution, where each response either accepts or declines a pre-fund authorization request. A funds transfer request is sent to the buyer financial institution, where the funds transfer request corresponds to a total value of the accepted pre-fund authorization requests. Notification that funds have transferred from the buyer financial institution in response to the funds transfer request is received. Then, the sending of the funds to a supplier financial institution is authorized.