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:
Mar. 20, 2018

Filed:

Jun. 30, 2005
Applicants:

Robert Minter Alexander, Iv, Richmond, VA (US);

Charles Aaron Rosenblatt, Richmond, VA (US);

Daniel R O'malley, Brookline, MA (US);

Scott David Grimes, Richmond, VA (US);

Inventors:

Robert Minter Alexander, IV, Richmond, VA (US);

Charles Aaron Rosenblatt, Richmond, VA (US);

Daniel R O'Malley, Brookline, MA (US);

Scott David Grimes, Richmond, VA (US);

Assignee:
Attorney:
Int. Cl.
CPC ...
G06Q 10/00 (2012.01); G06Q 20/40 (2012.01); G06Q 20/00 (2012.01); G06Q 20/10 (2012.01); G06Q 20/36 (2012.01); G06Q 30/02 (2012.01); G06Q 40/02 (2012.01);
U.S. Cl.
CPC ...
G06Q 20/4016 (2013.01); G06Q 20/00 (2013.01); G06Q 20/40 (2013.01); G06Q 20/10 (2013.01); G06Q 20/3674 (2013.01); G06Q 30/02 (2013.01); G06Q 40/02 (2013.01);
Abstract

Method for processing a transaction, the method comprising automatically requesting a transfer from a source account to a destination account via a communication link, receiving the transfer, adjusting destination account data associated with the destination account by increasing a balance of the destination account by an amount of the transfer, receiving transaction data from a merchant indicating an attempted transaction, the transaction data including a transaction amount and data identifying the destination account, and processing the attempted transaction.


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