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Methods for electronic payments using a third party facilitator

  • US 20090319427A1
  • Filed: 06/23/2008
  • Published: 12/24/2009
  • Est. Priority Date: 06/23/2008
  • Status: Abandoned Application
First Claim
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1. A method for processing payments electronically over a network-based system comprising the steps of:

  • (a) initiating an electronic transaction for making a payment on behalf of an individual;

    (b) receiving through a communications network an authorization for receiving payment from an individual account; and

    (c) providing payment data to a payment recipient relating to the transaction for making the payment on behalf of the individual by an intermediary through the communications network, wherein the intermediary does not provide individual account informationthereby providing for individual payments to the payment recipient without providing the individual account to the payment recipient.

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