Systems and methods for authorizing an allocation of an amount between transaction accounts

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United States of America Patent

PATENT NO 8275704
SERIAL NO

12355498

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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A financial account issuer facilitating transactions between accounts is disclosed. The invention provides sellers with an irrevocable method of receiving funds from a purchaser and for improving purchaser willingness to transact with an unknown party. The invention also enables the allocation of a portion or all of a charge or loyalty points to different transaction accounts issued by different issuers, or to sub-accounts.

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Patent Owner(s)

  • GULA CONSULTING LIMITED LIABILITY COMPANY

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Bishop, Fred A Glendale, US 27 3134
Sharma, Bansi L New York, US 21 1647
Thomas, Tracey R Boonton, US 96 4280

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