Patent ID: 8296231

Claim:
A process for performing a funds transfer transaction between a payer and a payee, the process comprising: by a network-accessible funds transfer service implemented using a computer system: receiving credit card information from the payer, said credit card information submitted by the payer to the computer system using a web-based user interface of the funds transfer service, said credit card information specifying a credit card account; receiving a request from the payer to use the credit card account to make a payment to the payee, said request submitted via the web-based user interface of the funds transfer service; collecting funds for making said payment to the payee, wherein collecting said funds comprises (a) sending, from the computer system to a third party fulfillment service associated with the credit card account, a request for said funds, said request for funds specifying said credit card information submitted by the payer, and (b) receiving an indication that the funds requested from the third party fulfillment service are available to the funds transfer service, said third party fulfillment service being separate from said computer system, and being provided by an entity that is not a provider of said funds transfer service; and initiating an Automated Clearing House (ACH) transaction in which a monetary amount associated with said payment is transferred from an account associated with the funds transfer service into an account of the payee, said account of the payee specified by the payee via said web-based user interface of the funds transfer service, whereby funds collected by the funds transfer service are disbursed to the payee.