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. 28, 2013
Filed:
Apr. 10, 2012
Denis O'leary, New York, NY (US);
Vincent D'agostino, New York, NY (US);
S. Richard Re, Westfield, NJ (US);
Jessica Burney, New York, NY (US);
Adam Hoffman, New York, NY (US);
Denis O'Leary, New York, NY (US);
Vincent D'Agostino, New York, NY (US);
S. Richard Re, Westfield, NJ (US);
Jessica Burney, New York, NY (US);
Adam Hoffman, New York, NY (US);
JP Morgan Chase Bank, NA, New York, NY (US);
Abstract
Embodiments of the invention include a method and system for conducting financial transactions over a payment network. The method may include associating a payment address of an account with an account holder name, the account residing at a financial institution and the associated payment address of the account configured to allow withdrawals by the account holder only and to allow a plurality of deposits to be made at different times. The method further includes freely publishing the payment address and making it available to users of an internet portal or search engine. The method further includes receiving data over a network identifying a deposit to be made to the account, assigning the deposit to the account using the payment address, and notifying the payer of the assignment on a real time basis. At least one directory is used for associating the account holder with the payment address.