US 12,125,006 B2
Mobile banking system and method
David Dallenbach, Ringoes, NJ (US); and Steven Turner, New Hope, PA (US)
Assigned to Global Compassion, LLC, Burlington, NJ (US)
Filed by Global Compassion, LLC, Burlington, NJ (US)
Filed on Feb. 7, 2023, as Appl. No. 18/106,612.
Application 18/106,612 is a continuation of application No. 17/701,801, filed on Mar. 23, 2022, granted, now 11,593,774.
Application 17/701,801 is a continuation of application No. 15/550,068, granted, now 11,288,643, previously published as PCT/US2016/017443, filed on Feb. 11, 2016.
Claims priority of provisional application 62/114,663, filed on Feb. 11, 2015.
Prior Publication US 2023/0186259 A1, Jun. 15, 2023
This patent is subject to a terminal disclaimer.
Int. Cl. G06Q 20/10 (2012.01); G06Q 20/20 (2012.01); G06Q 20/32 (2012.01); G06Q 20/36 (2012.01); G06Q 20/40 (2012.01)
CPC G06Q 20/10 (2013.01) [G06Q 20/20 (2013.01); G06Q 20/204 (2013.01); G06Q 20/206 (2013.01); G06Q 20/322 (2013.01); G06Q 20/3221 (2013.01); G06Q 20/36 (2013.01); G06Q 20/40 (2013.01)] 2 Claims
OG exemplary drawing
 
1. A mobile banking method which permits unbanked individuals having a mobile banking system account to at least make deposits or withdrawals to other registered members of the mobile banking system, comprising:
providing a registration capability for the unbanked individual to interact with a mobile banking system web application, or to download system software to a mobile device or PC, wherein said unbanked individual can interact with the mobile banking system web application or said downloaded system software by providing a unique cellphone ID, and one or more of a name, address, birthdate, social security number, tax identification number, wherein
said registration information is passed to a back end processor of the mobile banking system to setup a registered system account as a digital wallet for said unbanked individual as a customer, the registered system account identified by a cell phone number of the customer;
issuing a registration number to said customer by the mobile banking system to activate a downloaded mobile banking system app;
allowing said mobile systems app to be activated using a cell phone number, the registration number, and a PIN selected by the customer, the PIN stored in the back-end processor and subsequently required to open the app, further comprising:
providing a registration capability for a merchant to be a customer merchant of the mobile banking system, the merchant able to interact with a mobile banking system web application, or to download system software to a mobile device or PC, wherein said merchant can interact with the mobile banking system web application or said downloaded system software by providing a unique cellphone ID and one of more of a name, address, tax identification number of a combination thereof, wherein
said registration information is passed to a system back end processor to setup a system account for said merchant as a merchant customer, the system account identified by a cell phone number of the merchant customer;
issuing a registration number to said merchant customer by the mobile banking system to activate a mobile banking system app, the merchant customer receiving a system merchant number, and
allowing said mobile banking system app to be activated using the merchant customer cell phone number, the registration number, and a PIN selected by the merchant customer, the PIN stored in the back-end processor and subsequently required to open the mobile banking system app, and
the mobile banking system permitting the customer to make a deposit to a merchant customer using the mobile banking system, wherein said system, through an API connection using the API codes to a back end processor, debits merchant's system account and credits the customer's registered system account, moving the deposit amount from said merchant to said customer.