Patent ID: 8489504

Claim:
A system for sending payments, comprising: a payment processor computing device; a first application module, configured to operate on a first mobile computing device, that communicates a request to make a payment, the request to make the payment comprising an identification of a recipient and a payment amount; a first analysis module that analyzes a first image captured from a first paper check associated with a first financial account to decipher first information regarding the first financial account associated with the first paper check, the first information being sufficient to associate the first financial account with a first transfer account managed by the payment processor computing device; a second application module, configured to operate on a second mobile computing device, that receives a request to receive the payment, and that communicates a request to deposit the payment in a second financial account of the recipient; and a second analysis module that analyzes a second image captured from a second paper cheek associated with the second financial account to decipher second information regarding the second financial account associated with the second paper check, the second information being sufficient to associate the second financial account with a second transfer account managed by the payment processor computing device, the payment processor computing device being configured to: receive, from the first application module, the request to make the payment; receive, from the first analysis module, the first information regarding the first financial account associated with the first check; associate the first financial account with the first transfer account based at least in part on the deciphered first information regarding the first financial account; send a message to a communication account of the recipient, the message comprising the request to receive the payment; receive, from the second application module, the request to deposit the payment in the second financial account of the recipient; associate the second financial account of the recipient with the second transfer account of the recipient based on the deciphered information regarding the second financial account of the recipient; and initiate a transfer of funds in the payment amount from the first financial account associated with the first check to the second financial account associated with the recipient.