Obtaining recipient information during an electronic remittance transaction

Patent metadata

Field	Value
Publication number	US-2016104159-A1
Application number	US-201414509871-A
Country	US
Kind code	A1
Filing date	Oct 8, 2014
Priority date	Oct 8, 2014
Publication date	Apr 14, 2016
Grant date	—

Abstract

One or more embodiments described herein include methods and systems for remitting funds via a social networking system. More specifically, systems and methods described herein provide users the ability to remit funds to co-users utilizing social network profiles and notifications. Additionally, systems and methods described herein determine one or more risk levels for a remittance request based on a variety of social network factors.

First claim

What is claimed is:

1 . A method comprising:
receiving a request, at one or more servers from a sender, to electronically remit funds to a recipient, wherein the sender and the recipient are associated via a social network; determining, by the one or more servers, that remittance information is needed from the recipient to electronically remit the funds to the recipient; saving, by the one or more servers, one or more transaction details related to the request to electronically remit funds to the recipient; sending, by the one or more servers, a remittance information request to the recipient; receiving, at the one or more servers, the requested remittance information from the recipient; and in response to receiving the requested remittance information from the recipient, continuing, by the one or more servers, with the received request to electronically remit funds to the recipient using the saved one or more transaction details and the received remittance information.

2 . The method as recited in claim 1 , wherein receiving the request, at one or more servers from the sender, to electronically remit funds to the recipient comprises receiving one or more transaction parameters from the sender.

3 . The method as recited in claim 2 , wherein one or more transaction parameters comprise one or more of a recipient identity, a sender identity, a remittance amount, a destination country, or a reception method.

4 . The method as recited in claim 3 , wherein a reception method comprises a local agent, a bank account, or a mobile wallet.

5 . The method as recited in claim 1 , wherein saving, by the one or more servers, one or more transaction details related to the request to electronically remit funds to the recipient comprises saving the one or more transaction parameters received from the sender.

6 . The method as recited in claim 1 , wherein determining, by the one or more servers, that remittance information is needed from the recipient comprises determining the recipient's personal information is needed.

7 . The method as recited in claim 6 , wherein the recipient's personal information comprises one or more of the recipient's legal name, the recipient's address, the recipient's phone number, the recipient's email address, or the recipient's bank account information.

8 . The method as recited in claim 1 , wherein sending, by one or more servers, a remittance information request to the recipient comprises sending a social network notification to the recipient.

9 . The method as recited in claim 8 , further comprising providing one or more forms to allow the recipient to enter personal information upon the user interacting with the social network notification.

10 . The method as recited in claim 1 , further comprising calculating an exchange rate between a currency of a country of the sender and a currency of a country of the recipient upon receiving the requested remittance information.

11 . A method comprising:
receiving a request, at one or more servers and from a sender, to electronically remit funds; receiving, at one or more servers and from a sender, a selection of a recipient for the electronic remittance of the funds and one or more transaction details related to the electronic remittance of the funds, wherein the recipient and the sender are connected via a social network; determining, by the one or more servers, that remittance information is needed for the selected recipient; sending, by the one or more servers, a request to the recipient to supply the remittance information using contact information for the recipient stored by the social network; receiving, by the one or more servers, the remittance information from the recipient; and initiating the electronic remittance of funds to the recipient using the one or more transaction details and the remittance information received from the recipient.

12 . The method as recited in claim 11 , wherein receiving, at one or more servers and from the sender, a selection of a recipient for the electronic remittance of the funds comprises receiving a social network identity of the recipient.

13 . The method as recited in claim 12 , wherein receiving, at one or more servers and from the sender, one or more transaction details related to the electronic remittance of the funds comprises receiving one or more of a recipient identity, a sender identity, a remittance amount, a destination country, or a reception method.

14 . The method as recited in claim 13 , wherein determining, by one or more servers, that remittance information is needed for the selected recipient comprises determining that one or more of a legal name, an address, a phone number, an email address, or bank account information is needed from the selected recipient.

15 . The method as recited in claim 14 , wherein sending, by one or more servers, a request to the recipient to supply the remittance information using contact information for the recipient stored by the social network comprises sending the recipient a social network notification.

16 . The method as recited in claim 15 , wherein sending the social network notification comprises sending one or more of a pop-up notification, a social network message, or an icon notification.

17 . The method as recited in claim 16 , further comprising sending, by the one or more servers, a confirmation to the sender that the recipient has supplied the requested remittance information.

18 . The method as recited in claim 17 , further comprising, prior to initiating the electronic remittance of funds to the recipient, reviewing the one or more transaction details and the remittance information received from the recipient.

19 . A system comprising:
at least one processor; and at least one non-transitory computer-readable storage medium storing instructions thereon that, when executed by the at least one processor, cause the system to:
receive a request to electronically remit funds to a recipient, wherein the sender and the recipient are associated via a social network;
determine that remittance information is needed from the recipient to electronically remit the funds to the recipient;
save one or more transaction details related to the request to electronically remit funds to the recipient;
send a remittance information request to the recipient;
receive the requested remittance information from the recipient; and
in response to receiving the requested remittance information from the recipient, continue with the received request to electronically remit funds to the recipient using the saved one or more transaction details and the received remittance information.

20 . The system as recited in claim 19 , further comprising instructions that, when executed by the at least one processor, cause the system to:
send the remittance information request to the recipient via a social network identity of the recipient; receive the requested remittance information from the recipient via one or more web forms; and continue with the received request to electronically remit funds to the recipient by processing the saved one or more transaction details and the received remittance information.

Assignees

• Facebook Inc

Inventors

• Butterfield John Hamilton
• Davis Stephen Moore

Classifications

• G06Q10/40

  Business processes related to social networking or social networking services · CPC title

• G06Q20/382

  insuring higher security of transaction · CPC title

• G06Q20/405 Primary

  Establishing or using transaction specific rules · CPC title

• G06Q50/01

  Physics · mapped topic

• G06Q10/42

  Determination of affinities or common interests between users · CPC title