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Payment management

  • US 20020111886A1
  • Filed: 02/12/2001
  • Published: 08/15/2002
  • Est. Priority Date: 02/12/2001
  • Status: Abandoned Application
First Claim
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1. A computer processor implemented method of settling a plurality of payments between a first organization and a second organization, comprising the steps of:

  • receiving a plurality of payment transaction notices corresponding to the first organization;

    receiving a plurality of payment transaction notices corresponding to the second organization;

    calculating a first net account status value for the first organization;

    calculating a second account status value for the second organization;

    executing a payment for the first organization; and

    executing a payment for the second organization.

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