Credit card account payment systems and methods
First Claim
Patent Images
1. A method for making a payment on an account, the method comprising:
- reading account information from a payment instrument that identifies a customer account that is to receive a payment;
determining a financial institution associated with the customer account;
determining a payment account associated with the financial institution where the payment is to be deposited;
collecting a payment amount; and
transmitting the payment amount to the payment account of the financial institution.
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Accused Products
Abstract
In one embodiment, a method for making a payment on an account comprises reading account information from a payment instrument that identifies a customer account that is to receive a payment. A financial institution associated with the customer account is determined as well as a payment account that is associated with the financial institution where the payment is to be deposited. A payment amount is collected, and the payment amount is transmitted to the payment account of the financial institution.
43 Citations
33 Claims
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1. A method for making a payment on an account, the method comprising:
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reading account information from a payment instrument that identifies a customer account that is to receive a payment;
determining a financial institution associated with the customer account;
determining a payment account associated with the financial institution where the payment is to be deposited;
collecting a payment amount; and
transmitting the payment amount to the payment account of the financial institution. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8)
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9. A method for making a payment on an account, the method comprising:
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reading account information electronically from a payment instrument using a reader of a processing device, wherein the account information identifies a customer account that is to receive a payment;
inquiring as to whether a payment is to be made on the customer account;
entering a payment amount into the processing device;
collecting the payment amount; and
transmitting the account information and the payment amount to a host computer system. - View Dependent Claims (10, 11, 12, 13, 14, 15, 16, 17, 18, 19)
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20. A method for making a payment on an account, the method comprising:
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receiving at a host computer system account information that identifies a customer account that is to receive a payment and a payment amount;
determining at the host computer system a financial institution associated with the customer account and a payment account that is to receive the payment;
transmitting a request from the host computer system to electronically transfer the payment amount to the payment account. - View Dependent Claims (21, 22, 23, 24, 25, 26, 27)
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28. A payment system, comprising:
a host computer system having at least one input interface and at least one output interface, wherein the input interface is adapted to receive account information that identifies a customer account that is to receive a payment and a payment amount, and wherein the host computer system is configured to determine a financial institution associated with the customer account and a payment account that is to receive the payment, and wherein the output interface is adapted to transmit a request to electronically transfer the payment amount to the payment account. - View Dependent Claims (29, 30, 31)
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32. A presentation instrument processing system, comprising:
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a processor;
a reader that is coupled to the processor and is configured to read a customer account from a presentation instrument;
a data entry device;
a display screen;
an output interface;
wherein the display screen is configured to display a query as to whether a payment is to be made toward the customer account upon reading of the customer account from the presentation instrument, wherein the data entry device is configured to permit a payment amount to be entered, and wherein the output interface is configured to transmit the customer account and the payment amount to a host computer system. - View Dependent Claims (33)
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Specification