SYSTEM AND METHOD TO PUSH PAYMENT TO BENEFICIARY ACCOUNT USING AN ALIAS

SYSTEM AND METHOD TO PUSH PAYMENT TO BENEFICIARY ACCOUNT USING AN ALIAS

A method includes receiving a funds transfer request. The request includes an alias character string. The request is for requesting a funds transfer. The alias character string is translated to payment routing information. The payment routing information specifies a recipient's financial instit...

Ausführliche Beschreibung

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Bibliographische Detailangaben
Hauptverfasser: Lorberg Dana J, Subramaniam Shanthan, Malhotra Sandeep
Format: Patent
Sprache:eng
Schlagworte:
CALCULATING
COMPUTING
COUNTING
DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES
PHYSICS
SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR
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Beschreibung
Zusammenfassung:A method includes receiving a funds transfer request. The request includes an alias character string. The request is for requesting a funds transfer. The alias character string is translated to payment routing information. The payment routing information specifies a recipient's financial institution deposit account. The funds request is routed via a payment network for the purpose of being credited to the specified deposit account.