Payment processing with selective crediting
First Claim
Patent Images
1. A method for making a payment on behalf of a payor, comprising:
- receiving a request to make a payment to a payee on behalf of a payor;
processing the received request to select a mode of electronically crediting the payee;
directing an electronic credit to the payee in accordance with the selected mode of electronic crediting; and
directing a debit from a deposit account of the payor.
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Accused Products
Abstract
A technique for making a payment for a payor is provided. The technique includes receiving a request to make a payment to a payee for a payor. This request is processed to select a mode to electronically credit the payee. After the mode is selected an electronic credit is directed to the payee in the selected mode. A debit is also directed from a deposit account associated with the payor.
121 Citations
35 Claims
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1. A method for making a payment on behalf of a payor, comprising:
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receiving a request to make a payment to a payee on behalf of a payor;
processing the received request to select a mode of electronically crediting the payee;
directing an electronic credit to the payee in accordance with the selected mode of electronic crediting; and
directing a debit from a deposit account of the payor. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13)
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14. A system for making a payment on behalf of a payor, comprising:
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a communications interface configured to receive a request to make a payment to a payee on behalf of payor; and
a processor configured to select a mode of electronically crediting the payee, to direct an electronic credit to the payee in accordance with the selected mode of electronic crediting, and to direct a debit from a deposit account of the payor. - View Dependent Claims (15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26)
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27. A database for storing information identifying payees for receipt of electronic payment, comprising:
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a payee identifier identifying a payee;
first information identifying a first mode of electronically crediting a deposit account of the payee, the first information stored associated with the payee identifier; and
second information identifying a second mode of electronically crediting the payee deposit account different than the first mode, the second information stored associated with the payee identifier. - View Dependent Claims (28, 29, 30, 31, 32, 33, 34, 35)
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Specification