Patent ID: 11881087
Assignee: ITS CO., LTD
Field: Control (Instruments)
Classification: CPC G | IPC G

Claim 9:
10. A system for disbursing funds using a credit push, the system comprising:
at least one processor; and
one or more computer storage media storing computer-readable instructions thereon that, when executed by the at least one processor, cause the at least one processor to perform operations comprising:
receiving, at a debtor bank server of a debtor bank, a fund disbursement request from a mobile device comprising a camera and executing a payment application, wherein the fund disbursement request is routed through a TxP (transaction processing) server in communication with the debtor bank server, and wherein the fund disbursement request is received in response to the mobile device scanning an optical code, using the camera, at a display device of an automated teller machine (ATM), the fund disbursement request comprising creditor bank information, of a creditor bank, determined from scanning the optical code and comprising an amount of funds to be disbursed by the ATM, wherein the ATM does not perform an authentication procedure prior to receiving the fund disbursement request;
communicating a credit push request to a payment rail, the credit push request comprising the creditor bank information and the amount of funds to be disbursed; and
receiving a real-time settlement notification from the payment rail based on a confirmation status to the payment rail server providing the payment rail server with message routing instructions to the debtor bank server, the real-time settlement notification indicating a settlement of the amount of funds at a payment rail account ledger maintained by the payment rail, wherein the real-time settlement notification is received in response to a disbursement confirmation indicating disbursement of the funds at the ATM in an amount to the credit push request.