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

Claim 0:
1. A method comprising:
receiving, by a graphical user interface (GUI) associated with a software application deployed to a merchant computing system, a user input comprising a bank account identifier associated with a first financial account of a merchant;
analyzing, by the merchant computing system, employee information for an employee of the merchant to determine one or more time periods where the employee is working;
aggregating, by the merchant computing system, tip amounts of the employee based on the employee information;
receiving, by the merchant computing system, payment instructions, the 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
automatically transmitting, by a payment system provider computing system 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.