SYSTEMS AND METHODS FOR PROCESSING OF PERSON TO PERSON ELECTRONIC PAYMENTS

A computer system for use with a memory device for facilitating person to person electronic payments from a payor to an account associated with a payee is provided. A payee account identifier and a payee identifier are stored in the memory device. The payor submits a request for a transfer of funds...

Ausführliche Beschreibung

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Bibliographische Detailangaben
Hauptverfasser: HAGMEIER SHAWN, DUCHARME BRIAN J
Format: Patent
Sprache:eng
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Beschreibung
Zusammenfassung:A computer system for use with a memory device for facilitating person to person electronic payments from a payor to an account associated with a payee is provided. A payee account identifier and a payee identifier are stored in the memory device. The payor submits a request for a transfer of funds from a payor account to the payee account. The request includes the amount of funds to be transferred a payor account identifier to indicate the source of funds and the payee identifier. The payee identifier includes a telephone number and in particular a mobile telephone number associated with the payee.