US 12,284,255 B2
System and method for generating two-sided electronic interaction requests for completing resource transfers
Charles Russell Kendall, Snoqualmie, WA (US); and Richard C. Clow, II, Morristown, NJ (US)
Assigned to BANK OF AMERICA CORPORATION, Charlotte, NC (US)
Filed by BANK OF AMERICA CORPORATION, Charlotte, NC (US)
Filed on Aug. 23, 2021, as Appl. No. 17/409,366.
Prior Publication US 2023/0054343 A1, Feb. 23, 2023
Int. Cl. H04L 67/53 (2022.01); G06F 9/50 (2006.01); H04L 47/70 (2022.01)
CPC H04L 67/53 (2022.05) [G06F 9/5005 (2013.01); H04L 47/82 (2013.01)] 14 Claims
OG exemplary drawing
 
1. A system for generating two-sided electronic interaction requests for completing resource transfers, the system comprising:
a memory device with computer-readable program code stored thereon;
a communication device; and
a processing device operatively coupled to the memory device and the communication device, wherein the processing device is configured to execute the computer-readable program code to:
cause an entity system to transmit interaction data associated with an interaction between a user and a third party system initiated by the user via an interaction device at a third party location, wherein the interaction data comprises at least information identifying the user, information identifying resource instrument comprising scannable special indicia used to initiate the interaction, and resource amount associated with the interaction, wherein the scannable special indicia is readable by the interaction device;
receive, from the entity system, the interaction data of the interaction associated with the user and the third party system;
receive, from the third party system, a resource transfer request associated with the interaction, wherein the resource transfer request comprises at least the information identifying the user, the information identifying the resource instrument used to conduct the interaction, and the resource amount;
determine that the interaction data matches data accompanied by the resource transfer request for transfer of resources associated with the interaction;
determine one or more accepted settlement systems associated with the third party system, wherein the one or more accepted settlement systems each correspond to an accepted settlement network;
determine a plurality of user settlement systems, wherein the plurality of user settlement systems indicate a plurality of settlement networks in which the transfer is capable of being completed by the user, wherein the plurality of user settlement systems comprises a preferred user settlement system and one or more secondary user settlement systems, wherein the preferred user settlement system is determined based at least in part on the scannable special indicia in the interaction data;
in an instance in which the preferred user settlement system is included in the one or more accepted settlement systems, route the resource transfer request to the preferred user settlement system to process the interaction and complete the transfer of resources associated with the interaction; and
in an instance in which the preferred user settlement system is not included in the one or more accepted settlement systems associated with the third party system, route the resource transfer request to one of the one or more secondary user settlement systems, wherein the one of the one or more secondary user settlement systems in which the resource transfer request is routed is included in the one or more accepted settlement systems.