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:
Dec. 06, 2011

Filed:

Apr. 27, 2007
Applicants:

James R. Del Favero, Redwood City, CA (US);

Paul J. Rosenfeld, Mountain View, CA (US);

Robert Gaynor, Westlake Village, CA (US);

Inventors:

James R. Del Favero, Redwood City, CA (US);

Paul J. Rosenfeld, Mountain View, CA (US);

Robert Gaynor, Westlake Village, CA (US);

Assignee:

Intuit Inc., Mountain View, CA (US);

Attorney:
Primary Examiner:
Assistant Examiner:
Int. Cl.
CPC ...
G06Q 40/00 (2006.01);
U.S. Cl.
CPC ...
Abstract

In general, the invention relates to a method for transferring funds. The method includes receiving a request to initiate a secure fund transfer, where the request specifies a sender, a recipient, and an amount of funds to transfer from the sender to the recipient. The method further includes sending a request to verify that an account associated with the sender comprises at least the amount of funds to be transferred, receiving notification that the account comprises at least the amount of funds to be transferred, requesting a reservation of funds in the account corresponding to the amount of funds to be transferred, receiving notification of the reservation, notifying the recipient that the amount of funds to be transferred is reserved, initiating a transfer of funds, to the recipient, in the amount of the reserved funds, and receiving acknowledgment that the transfer of the funds is complete.


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