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System and method for real-time account validation for an on-line payment system

  • US 20050222952A1
  • Filed: 08/23/2004
  • Published: 10/06/2005
  • Est. Priority Date: 03/31/2004
  • Status: Abandoned Application
First Claim
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1. A method for operating an electronic payment system comprising:

  • (a) receiving a user'"'"'s payee information;

    (b) validating the user'"'"'s payee information using an account validation system; and

    (c) storing the user'"'"'s payee information only if the validation was a success.

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