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BILL PAYMENT SYSTEM AND METHOD

  • US 20090157555A1
  • Filed: 04/02/2008
  • Published: 06/18/2009
  • Est. Priority Date: 12/12/2007
  • Status: Abandoned Application
First Claim
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1. A method for interim authorization comprising:

  • receiving a request from a merchant to authorize an interim payment to the merchant, prior to enablement of a recurring payment process from the financial processor to the merchant;

    requesting a transaction coordination code from a financial processor;

    receiving the transaction coordination code; and

    ,sending the transaction coordination code to the merchant, wherein the merchant obtains the interim payment from the financial processor using the transaction coordination code.

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