SYSTEM AND METHOD FOR PROCESSING AND FOR FUNDING A TRANSACTION

Number of patents in Portfolio can not be more than 2000

United States of America Patent

APP PUB NO 20180300727A1
SERIAL NO

15891475

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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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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Patent Owner(s)

Patent OwnerAddress
CAPITAL ONE SERVICES LLC1680 CAPITAL ONE DRIVE MCLEAN VA 22102

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
ALEXANDER,, IV Robert MINTER Richmond, US 3 9
GRIMES, Scott David Richmond, US 6 84
O'MALLEY, Daniel R Brookline, US 4 76
ROSENBLATT, Charles Aaron Richmond, US 7 231

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