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Web-based payment system and method

  • US 20030110129A1
  • Filed: 10/08/2002
  • Published: 06/12/2003
  • Est. Priority Date: 12/10/2001
  • Status: Active Grant
First Claim
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1. A payment processing system, comprising:

  • a host computer system configured to receive payment information via a network from a client computer;

    a data storage arrangement configured to store the payment information; and

    a settlement engine configured to;

    receive payment information from the host computer system;

    initiate payment processing by transmitting a file comprising at least a portion of the payment information to a financial institution; and

    transmit a message to a client computing system, the message comprising at least a portion of the payment information.

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