Mastercard Incorporated
Systems and methods for use in transferring funds between payment accounts

Last updated:

Abstract:

Systems and methods are provided for use in facilitating fund transfers between source accounts and destination accounts, based on source account identifiers included in computer-readable indicia. One exemplary method includes capturing, by a computing device, at least one symbol representative of a destination account identifier associated with the destination account and identifying, by the computing device, a source account. The method further includes receiving, by the computing device, at least one payment parameter and causing, by the computing device, a fund transfer transaction based on the destination account identifier, the source account identifier, and the at least one payment parameter, whereby a payment from the source account to the destination account is initiated.

Status:
Grant
Type:

Utility

Filling date:

16 Aug 2016

Issue date:

11 Aug 2020