Person-to-person, person-to business and business-to-business financial transaction system
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United States of America Patent
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Feb 22, 2011
Grant Date -
Jan 8, 2009
app pub date -
Aug 20, 2008
filing date -
Apr 13, 1999
priority date (Note) -
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status (Latency Note)
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Abstract
The delivery of a secure method and system of generating person to person, business to business, business to person and person to business transactions involving transfer of funds from one party (the purchaser) to a second party (the vendor). The functionality of existing credit/debit cards and the associated infrastructure is extended to provide a secure global mechanism for individuals/businesses to receive funds without revealing confidential information or having to become credit/debit accepting merchants.
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