Patent ID: 11972405
Assignee: CAPITAL ONE SERVICES, LLC
Field: IT methods for management (Electrical engineering)
Classification: CPC G | IPC G

Claim 9:
10. A method for executing deposits at terminals of merchants, comprising:
receiving, at a server from a mobile device associated with a customer, deposit information related to a customer deposit to a financial service account held by the customer;
generating, at the server, a deposit token based on specifications associated with the mobile device;
transmitting the deposit token from the server to the mobile device;
receiving, at the server from a terminal of a merchant, a deposit authorization notification indicating receipt by the terminal of the deposit token and a confirmation that the customer physically delivered funds to the merchant in an amount to be deposited; and
causing, at the server, transmission of a transfer notification to electronically transfer the funds to the financial service account held by the customer based on the deposit information and the deposit authorization notification.