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1. WO2020068405 - STORED BALANCE WITH MULTI-CHANNEL WITHDRAWAL ACCESS

Publication Number WO/2020/068405
Publication Date 02.04.2020
International Application No. PCT/US2019/050250
International Filing Date 09.09.2019
IPC
G06Q 20/02 2012.01
GPHYSICS
06COMPUTING; CALCULATING OR COUNTING
QDATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES, NOT OTHERWISE PROVIDED FOR
20Payment architectures, schemes or protocols
02involving a neutral third party, e.g. certification authority, notary or trusted third party
G06Q 20/40 2012.01
GPHYSICS
06COMPUTING; CALCULATING OR COUNTING
QDATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES, NOT OTHERWISE PROVIDED FOR
20Payment architectures, schemes or protocols
38Payment protocols; Details thereof
40Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check of credit lines or negative lists
CPC
G06Q 20/023
GPHYSICS
06COMPUTING; CALCULATING; COUNTING
QDATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES, NOT OTHERWISE PROVIDED FOR
20Payment architectures, schemes or protocols
02involving a neutral party, e.g. certification authority, notary or trusted third party [TTP]
023characterized in that the neutral party is a clearing house
G06Q 20/405
GPHYSICS
06COMPUTING; CALCULATING; COUNTING
QDATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES, NOT OTHERWISE PROVIDED FOR
20Payment architectures, schemes or protocols
38Payment protocols; Details thereof
40Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
405Establishing or using transaction specific rules
Applicants
  • SQUARE, INC. [US]/[US]
Inventors
  • RIECHERS, Christina
  • CORMIER, Michael
  • MARGOLIS, Zachary
  • FEZGA, Bora
  • ROBBINS, Clay
  • MERETAB, Justin
Agents
  • ZINKE, Elizabeth L.
  • ZINKE, Elizabeth, L.
Priority Data
16/146,97328.09.2018US
16/147,08028.09.2018US
16/147,15228.09.2018US
Publication Language English (EN)
Filing Language English (EN)
Designated States
Title
(EN) STORED BALANCE WITH MULTI-CHANNEL WITHDRAWAL ACCESS
(FR) SOLDE STOCKÉ AVEC ACCÈS DE RETRAIT MULTI-CANAL
Abstract
(EN)
A stored balance with multi-channel withdrawal access is described. In an example, a server of a payment processing service can determine a stored balance based on funds received from point-of-sale (PCS) transactions processed via the payment processing service on behalf of a merchant. The stored balance can be maintained in a ledger of the payment processing service. The server can associate the stored balance with a payment instrument of the merchant. The stored balance can be accessible via the payment instrument substantially immediately after funding of a transaction at the POS and via (i) an instant deposit to a linked bank account of the merchant and (ii) a scheduled deposit to the linked bank account, wherein the instant deposit is available substantially immediately after funding of the transaction and the scheduled deposit is made at a prearranged time after the funding of the transaction.
(FR)
L'invention concerne un solde stocké avec un accès de retrait multicanal. Dans un exemple, un serveur d'un service de traitement de paiement peut déterminer un solde stocké sur la base de fonds reçus à partir de transactions de point de vente (PCS) traitées par l'intermédiaire du service de traitement de paiement au nom d'un commerçant. Le solde stocké peut être maintenu dans un registre du service de traitement de paiement. Le serveur peut associer le solde stocké à un instrument de paiement du commerçant. Le solde stocké peut être accessible par l'intermédiaire de l'instrument de paiement sensiblement immédiatement après le financement d'une transaction au niveau du POS et par l'intermédiaire (i) d'un dépôt instantané à un compte bancaire lié du commerçant et (ii) un dépôt programmé sur le compte bancaire lié, le dépôt instantané étant disponible sensiblement immédiatement après le financement de la transaction et le dépôt programmé étant effectué à un moment prédéfini après le financement de la transaction.
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