System and method for processing and for funding a transaction
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United States of America Patent
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Mar 20, 2018
Issued Date -
N/A
app pub date -
Jun 30, 2005
filing date -
Apr 13, 2004
priority date (Note) -
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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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