Systems and methods for effecting personal payment transactions

• US 10,354,237 B2
• Filed: 12/17/2013
• Issued: 07/16/2019
• Est. Priority Date: 12/17/2012
• Status: Active Grant

• Current Assignee: Capital One Services LLC (Capital One Financial Corporation)
• Original Assignee: Capital One Services LLC (Capital One Financial Corporation)
• Inventors: Kanjlia, Gagan, Zimmer, Scott, Larson, Robert J., Wilson, Alexander S., Puri, Vishal, Pober, Jay F.
• Primary Examiner(s): Wong, Eric T
• Assistant Examiner(s): Poe, Kevin T
• Application Number:
  US14/108,926
• Publication Number:
  US 20140172694A1
• Time in Patent Office: 2,037 Days
• Field of Search: 705 4, 705 39
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 20/384 using social networks
• CPC Class Codes: G06Q 20/386 using messaging services or messaging apps using mobile network messaging services for payment, e.g. SMS G06Q20/3255

Abstract

Systems, processes, and computer programs are disclosed for facilitating personal payment transactions. In certain embodiments, disclosed embodiments may provide an interface dialog engine for providing a dynamic and customized interface for effecting the personal payment transaction and a funding source engine for providing options to fund the payment. The disclosed embodiments may also provide a payee identity engine for identifying the intended payee receiving the payment and a routing option engine for providing options to route the payment. The embodiments may also provide a messaging engine for providing channels for related parties to the personal payment transaction to communicate.

Claims

1. A system for providing online personal payment transactions between at least one of multiple payers or multiple payees, the system comprising:

at least one storage device storing instructions; and

at least one processor executing the instruction to perform operations comprising;

determining a technical experience level for a first selected one of the payers;

generating a dynamically determined interface for a payer device, associated with the first selected payer, for effecting a personal payment transaction comprising a first payment, wherein;

the interface contains a first number of function when the technical experience level is less than or equal to a first value;

the interface contains a second number of function when the technical experience level is greater than the first level, the second number of function being greater than the first number of function; and

the payer device initiates the first payment at a web browser of the interface for receipt by a selected one of the payees;

receiving from the first selected payer, via the interface, identifying information about the selected payee;

determining a plurality of candidate payees based on;

the identifying information; and

data collected from an electronic network, the data comprising at least one of a social networking profile, a website user account, white pages, or checking account profile information;

determining confidence level for the candidate payees, the confidence level indicating likelihoods that the candidate payees represent the selected payee;

determining ranks for the determined confidence level;

displaying the candidate payees according to the ranks of confidence level;

receiving a confirmation of which of the candidate payees constitute the selected payee;

providing, based on the confirmation to the first selected payer via the interface, options to fund the first payment to the selected payee;

providing options to the first selected payer and the selected payee for routing the payment, the options being ranked according to multiple parameters;

providing a channel for the first selected payer and the selected payee to communicate an electronic message using the system;

providing, via the interface, one or more pre-set limitations associated with processing the transaction based on multiple associated with the interface;

combining the first payment, over the electronic network, with a second payment of a second selected one of the payers involved in the processed payment transaction to the selected payee;

determining, based on the combination of payment, a content of the electronic message, wherein the electronic message comprises at least one of multimedia or interactive content; and

displaying the electronic message via the interface to at least one of the first selected payer or the selected payee.

2. The system of claim 1, wherein the operation comprise providing a status of the transaction.

3. The system of claim 1, wherein the operation comprise receiving input from the first selected payer via voice commands.

4. The system of claim 1, wherein the operation comprise

providing one or more incentives for performing activities associated with the personal payment transaction.

5. A computer-implemented method for facilitating online personal payment transactions between at least one of multiple payers or multiple payees, comprising:

determining a technical experience level for a first selected one of the payers;

generating, by one or more processors, a dynamically determined interface for a payer device, associated with the first selected payer, for effecting a personal payment transaction comprising a first payment, wherein;

the interface contains a first number of function when the technical experience level is less than or equal to a first value;

the interface contains a second number of function when the technical experience level is greater than the first level, the second number of functions being greater than the first number of functions; and

the payer device initiates the first payment at a web browser or the interface for receipt by a selected one or the payees;

receiving from the first selected payer, via the interface, identifying information about the selected payee;

determining a plurality of candidate payees based on;

the identifying information; and

data collected from an electric network, the data comprising at least one of a social networking profile, a website user account, white pages, or checking account profile information;

determining confidence levels for the candidate payees, the confidence level indicating likelihoods that the candidates payees, represent the selected payee;

determining ranks for the determined confidence levels;

displaying the candidate payees according to the ranks of confidence level;

receiving a confirmation of which of the candidate payees constitute the selected payee;

providing, based on the confirmation to the first selected payer via the interface, option to fund the first payment to the selected payee;

providing option to the first selected payer and the selected payee for routing the payment, the option being ranked according to multiple parameters;

providing a channels for the first selected payer and the selected payee to communicate an electric message using the system;

providing, via the interface, one or more pre-set limitations associated with processing the transaction based on multiple inputs associated with the interface;

combining the first payment, over the electric network, with a second payment of a second selected one of the payers involved in the processed payment transaction to the selected payee;

determining, based on the combination of payments, a content of the electric message, wherein the electric message comprises at least one of multimedia or interactive content; and

displaying the electric message via the interface to at least one of the first selected payer or the selected payee.

6. The method of claim 5, further comprising:

providing, via the interface, a status of the transaction.

7. The method of claim 5, further comprising:

receiving, via the interface, input from the first selected payer via voice commands.

8. The method of claim 5, further comprising:

providing one or more incentives for performing activities associated with the personal payment transaction.

9. A non-transitory computer readable medium storing instructions that, when executed by a processor, cause the processor to perform operation comprise:

determining a technical experience level for a first selected one of the payers;

generate, by one or more processors, a dynamically determined interface for a payer device, associated with the first selected payer, for effecting a personal payment transaction comprising a first payment, wherein;

the interface contains a first number of function when the technical experience level is less than or equal to a first value;

the interface contains a second number of function when the technical experience level is greater than the first level, the second number of function being greater than the first number of function; and

the payer device initiates the first payment at a web browser of the interface for receipt by a selected one of the payees;

receiving from the first selected payer, via the interface, identifying information about the selected payee;

determining a plurality of candidate payees based on;

the identifying information; and

data collected from an electronic network, the data comprising at least one of a social networking profile, a website user account, white pages, or checking account profile information;

determining confidence levels for the candidate payees, the confidence levels indicating likelihoods that the candidate payees represent the selected payee;

determining ranks for the confidence levels;

displaying the candidate payees according to the ranks of confidence level;

receiving a confirmation of which of the candidate payees constitute the selected payee;

providing, based on the conformation to the first selected payer via the interface, options to fund the first payment to the selected payee;

providing options to the first selected payer and the selected payee for routing the payment, the options being ranked according to multiple parameters;

providing a channel for the first selected payer and the selected payee to communicate an electronic message using the system;

providing, via the interface, one or more pre-set limitation associated with processing the transaction base on multiple inputs associated with the interface;

combining the first payment over the electronic network, with a second payment of a second selected one of the payers involved in the processed payment transaction to the selected payee;

determining, based on the combination of payments, a content of the electronic message, wherein the electronic message comprises at least one of multimedia or interactive content; and

displaying, the electronic message via the interface to at least one of the first selected payer or the selected payee.

10. The method of claim 9, wherein the operations comprise providing, via the interface, a status of the transaction.

11. The medium of claim 9, wherein the operations comprise

receiving, via the interface, input from the first selected payer via voice commands.

12. The method of claim 9, wherein the operations comprise

providing one or more incentives for performing activities associated with the personal payment transaction.