Systems and Methods for Fund Transfers

摘要

Turning now to the drawings, systems and methods for transferring funds in accordance with embodiments of the invention are illustrated. In one embodiment, a method for conducting peer-to-peer transfers includes obtaining a cash-out request data using a fund transfer server system, wherein the cash-out request data includes target account data and fund data, the target account data includes metadata identifying a consumer account and specifies an account to which funds will be provided, and the fund data describes the funds to be provided in response to redeeming the cash-out request, generating a cash-out code based on cash-out request data using the fund transfer server system, providing the cash-out code using the fund transfer server system, obtaining cash-out code redemption data using the fund transfer server system, wherein the cash-out code redemption data identifies the provided cash-out code, and transmitting a request to provide the funds described by the fund data.

主权项

1. A method for conducting peer-to-peer transfers, comprising:
obtaining a cash-out request data using a fund transfer server system, wherein:
the cash-out request data comprises target account data and fund data;the target account data comprises metadata identifying a consumer account and specifies an account to which funds will be provided;the fund data describes the funds to be provided in response to redeeming the cash-out request; andthe fund transfer server system comprises a processor and a memory connected to the processor; generating a cash-out code based on cash-out request data using the fund transfer server system; providing the cash-out code using the fund transfer server system; obtaining cash-out code redemption data using the fund transfer server system, wherein the cash-out code redemption data identifies the provided cash-out code; and transmitting a request to provide the funds described by the fund data using the fund transfer server system.