Systems and Methods for Locating an Automated Clearing House Utilizing a Point of Sale Device
First Claim
1. A computer-implemented method to facilitate a transaction at a point of sale (POS) device, comprising the steps of:
- querying a payment system directory to locate an Automated Clearing House (ACH) for processing at least a portion of said transaction, wherein ACH receives payment information related to a transaction at a POS device;
transmitting a payment authorization request related to said transaction from said POS device to said ACH; and
,receiving payment authorization from said ACH, wherein said ACH settles with a payment system relative to said transaction.
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Accused Products
Abstract
A point of sale (POS) device may be configured to locate a payment system and transmit a payment authorization request from a remote location to a payment system, either directly, or via a payment system directory and/or a SSL Gateway. The invention also includes inserting third party account information into an encrypted portion of the payment request, so the payment request appears as a normal request to the issuing bank, but the third party account information may be used by the third party to bill the customer. The payment system directory is further configured to determine one or more payment processors to direct a payment authorization request, such that a single transaction may me allocated among multiple payment processors for authorization. Moreover, the payment system directory is able to format alternative payment methods into a format that is able to be processed over existing payment networks.
181 Citations
19 Claims
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1. A computer-implemented method to facilitate a transaction at a point of sale (POS) device, comprising the steps of:
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querying a payment system directory to locate an Automated Clearing House (ACH) for processing at least a portion of said transaction, wherein ACH receives payment information related to a transaction at a POS device; transmitting a payment authorization request related to said transaction from said POS device to said ACH; and
,receiving payment authorization from said ACH, wherein said ACH settles with a payment system relative to said transaction. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17)
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18. A machine-readable medium having stored thereon a plurality of instructions, said plurality of instructions comprising:
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instructions to query a payment system directory to locate an Automated Clearing House (ACH) for processing at least a portion of said transaction, wherein ACH receives payment information related to a transaction at a POS device; instructions to transmit a payment authorization request related to said transaction from said POS device to said ACH; and
,instructions to receive payment authorization from said ACH, wherein said ACH settles with a payment system relative to said transaction.
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19. A computer-implemented method to facilitate a transaction at a point of sale (POS) device, comprising:
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locating a Automated Clearing House (ACH) for processing at least a portion of a transaction in response to receiving a query from a POS device; receiving a payment authorization request related to at least a portion of said transaction from said POS device; and transmitting said payment authorization request to said ACH to facilitate said POS device receiving payment authorization from said ACH.
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Specification