REMITTANCE PAYMENT PROCESSING WITH ACCOUNT SCHEMING AND/OR VALIDATION
First Claim
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1. A method, comprising:
- executing computer-implemented instructions on one or more payment processor computers for;
receiving, by the payment processor, a consumer account number associated with a payor and a payee, wherein the consumer account number is not in a format for processing by the payee;
retrieving from a merchant database, by the payment processor, an alteration rule associated with the payee, wherein the alteration rule is associated with an account number format that is acceptable for processing by the payee;
altering, by the payment processor, the received consumer account number to a modified consumer account number based upon the alteration rule, wherein altering the consumer account number includes inserting a character string at a particular position in the consumer account to create the modified consumer account number; and
transmitting, by the payment processor, the modified consumer account number to the payee.
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Abstract
Systems and methods of remittance processing where a merchant database is provided that includes one or more alteration rules that are associated with a particular payee. A consumer account number associated with a payor is received and altered into a modified consumer account number, where the alteration is performed in accordance with one or more of the stored alteration rules. The modified consumer account number may then be transmitted to the particular payee to be utilized, for example, when processing a payment.
80 Citations
20 Claims
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1. A method, comprising:
executing computer-implemented instructions on one or more payment processor computers for; receiving, by the payment processor, a consumer account number associated with a payor and a payee, wherein the consumer account number is not in a format for processing by the payee; retrieving from a merchant database, by the payment processor, an alteration rule associated with the payee, wherein the alteration rule is associated with an account number format that is acceptable for processing by the payee; altering, by the payment processor, the received consumer account number to a modified consumer account number based upon the alteration rule, wherein altering the consumer account number includes inserting a character string at a particular position in the consumer account to create the modified consumer account number; and transmitting, by the payment processor, the modified consumer account number to the payee. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14)
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15. A system comprising:
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a merchant database, a payment processor in communication with the merchant database, wherein the payment processor is configured to execute computer-implemented instructions to; receive a consumer account number associated with a payor and a payee, wherein the consumer account number is not in a format for processing by the payee; retrieve, from the merchant database, an alteration rule associated with the payee, wherein the alteration rule is associated with an account number format that is acceptable for processing by the payee; alter the received consumer account number to a modified consumer account number based upon the alteration rule, wherein altering the consumer account number includes inserting a character string at a particular position in the consumer account to create the modified consumer account number; and transmit the modified consumer account number to the payee. - View Dependent Claims (16, 17, 18, 19, 20)
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Specification