Patent ID: 8041639
Filing Date: 2011-10-18
Classification: G06Q

Abstract:
1. A computer-implemented method, comprising: receiving a first user request to deposit a first amount of funds into an account associated with a telephone number; transmitting a first message to a mobile device at the telephone number to confirm the first user request; receiving a reply to the first message transmitted to the mobile device to confirm the first user request; calculating, using a computing device, a set of premium messages to charge the first amount; in response to the reply to the first message, transmitting the set of premium messages to the mobile device at the telephone number to bill the first amount; receiving a first portion of the first amount from a telecommunication carrier of the telephone number, after the telecommunication carrier deducts a second portion from the first amount as a fee; and crediting the account a second amount more than the first portion of the first amount.