Patent ID: 11948134
Assignee: WELLS FARGO BANK, N.A.
Field: IT methods for management (Electrical engineering)
Classification: CPC G | IPC G

Claim 9:
10. A system comprising:
a merchant computing system configured to:
receive, by a graphical user interface (GUI) associated with a software application deployed to the merchant computing system, a user input comprising a bank account identifier associated with a first financial account of a merchant;
analyze employee information for an employee of the merchant to determine one or more time periods where the employee is working;
aggregate tip amounts of the employee based on the employee information;
receive payment instructions including an amount of funds for a payment to be made by the merchant to the employee based on the aggregate tip amount; and

a payment system provider computing system configured to:
transmit, automatically and in real-time, the amount of funds from the first financial account of the merchant to a second financial account of the employee based on the payment instructions via a selected payment rail, wherein the amount of funds are transferred via an electronic deposit being made from the first financial account to the second financial account and without a pending status on the first financial account and the second financial account such that the amount of funds are immediately available for use by the employee, wherein the selected payment rail is an intrabank transfer.