System and methods for facilitating fund transfers over a network

Abstract

In accordance with embodiments of the present disclosure, systems and methods for facilitating financial transactions over a network include communicating with a financial institution over the network, wherein the financial institution includes a first user account related to a user. The systems and methods include receiving a fund transfer request from the financial institution on behalf of the user and establishing a second user account related to the user based on user information passed with the fund transfer request. The systems and methods include processing the fund transfer request by linking the first user account to the second user account based on the user information passed with the fund transfer request, receiving funds from the financial institution associated with the first user account, and depositing the received funds in the second user account on behalf of the user.

What is claimed is: 
     
         1 . A system comprising:
 a network interface of a server for a payment provider that receives communications from a financial service provider that comprise user financial information;   a memory configured to store the communications; and   one or more processors configured to process the user financial information, generates an account for the user using the user financial information, receives funds in the account for the user, and processes a payment to a third party using the account.