PAYMENT APPLICATION FRAMEWORK

• US 20100063926A1
• Filed: 09/09/2008
• Published: 03/11/2010
• Est. Priority Date: 09/09/2008
• Status: Abandoned Application

• Current Assignee: PayPal, Inc. (PayPal Holdings, Inc.)
• Original Assignee: PayPal, Inc. (PayPal Holdings, Inc.)
• Inventors: At-taras, Musaab, Korosec, Jason Alexander, Hougland, Damon Charles
• Application Number:
  US12/207,383
• Publication Number:
  US 20100063926A1
• Time in Patent Office: Days
• US Class Current: 705/42
• CPC Class Codes: G06Q 20/00 Payment architectures, schemes or protocols apparatus for performing or posting payment transactions G07F7/08, G07F19/00; electronic cash registers G07G1/12
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 20/102 Bill distribution or payments
• CPC Class Codes: G06Q 20/108 Remote banking, e.g. home banking
• CPC Class Codes: G06Q 20/227 characterised in that multiple accounts are available, e.g. to the payer
• CPC Class Codes: G06Q 20/42 Confirmation, e.g. check or permission by the legal debtor of payment
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03

Abstract

A payment application framework may include metaphors and constraints. The metaphors may be associated with actors and objects that are part of the payment transactions. The constraints may include rules and parameters that may be used to process the payment transactions.

Claims

1. A computer-implemented method of facilitating payment applications, the method comprising:

associating a payment transaction with a sender, a receiver, and a payment facilitator;

associating a transfer of a value from the sender to the receiver with a pay request;

associating the payment transaction with at least one approval flow to enable the sender to approve the pay request;

associating a pay key with the pay request, the pay key being used in approving the pay request; and

enabling the payment facilitator, using one or more processors, to complete the payment transaction responsive to receiving an indication of approval of the pay request by the sender based on the approval flow.

3. The method of claim 1, wherein the indication of approval includes a positive approval or a negative approval.

4. The method of claim 1, wherein the pay request is initiated by the receiver or the sender.

5. The method of claim 1, wherein the pay request is initiated from a website associated with the receiver.

6. The method of claim 5, further comprising:

directing the sender from the web site associated with the receiver to a website associated with the payment facilitator; and

enabling the sender to review the pay request and to provide the indication of approval.

7. The method of claim 6, further comprising:

based on receiving the indication of approval from the sender, directing the sender to the web site associated with the receiver.

8. The method of claim 1, wherein the enabling the payment facilitator to complete the payment transaction responsive to receiving the indication of approval from the sender comprises transferring the value to the receiver when the indication of approval is a positive approval.

9. The method of claim 8, wherein the transferring the value to the receiver comprises debiting the value from an account of the sender, the account of the sender associated with the payment facilitator.

10. The method of claim 9, wherein the transferring the value to the receiver further comprises crediting the value to an account of the receiver.

11. The method of claim 10, wherein the receiver includes a first receiver and a second receiver.

12. The method of claim 11, wherein the crediting the value to the account of the receiver comprises crediting the value to an account of the first receiver and at least a portion of the value from the account of the first receiver to an account of the second receiver.

13. The method of claim 11, wherein the crediting the value to the account of the receiver comprises crediting a portion of the value to an account of the first receiver and another portion of the value to an account of the second receiver.

14. The method of claim 10, further comprising enabling the value to be reserved in the account of the sender before the crediting the value to the account of the receiver.

15. The method of claim 1, wherein the enabling the payment facilitator to complete the payment transaction responsive to receiving the indication of approval from the sender further comprises notifying the sender about the transferring of the value.

16. The method of claim 15, wherein the notifying is based on a notification flow.

2. (canceled)

17. A machine-readable storage medium comprising instructions, which when implemented by one or more processors performs a method, the method comprising:

associating a payment transaction with a sender, a receiver and a payment facilitator;

associating a transfer of a value from the sender to the receiver with a pay request;

associating the payment transaction with at least one approval flow to enable the sender to approve the pay request;

associating a pay key with the pay request, the pay key being used in approving the pay request; and

enabling the payment facilitator to complete the payment transaction responsive to receiving an indication of approval of the pay request by the sender based on the approval flow.

18. A computer-implemented method comprising:

associating a payment facilitator with a sender and a receiver in a payment transaction, the payment facilitator configured to transfer a value from an account of the sender to the receiver based on a pay request;

enabling generation of a pay key associated with the pay request, the pay key used in approving the pay request;

enabling the sender to approve the pay request based on an approval flow or a pre-approval flow; and

enabling the payment facilitator, using one or more processors, to complete transferring of the value using at least one default parameter from a set of default parameters.

19. The method of claim 18, wherein the set of default parameters include at least a currency parameter.

20. The method of claim 18, further comprising enabling generation of a pre-approval request associated with the pre-approval flow.

21. The method of claim 20, further comprising enabling generation of a pre-approval key responsive to the generation of the pre-approval request.

23. The method of claim 18, wherein the pay request is initiated by the sender, and wherein, responsive to the pay request being initiated by the sender, the sender is redirected from a website associated with the receiver to a website associated with the payment facilitator.

24. The method of claim 23, further comprising, responsive to the sender approving the pay request, enabling the sender to be redirected from the website associated with the payment facilitator to the website associated with the receiver.

25. The method of claim 18, wherein the account of the sender is with the payment facilitator.

26. The method of claim 18, wherein the value is transferred from the account of the sender to an account of the receiver.

27. The method of claim 26, wherein the account of the receiver is with the payment facilitator or with a third party payment network.

28. The method of claim 27, wherein the receiver includes a primary receiver and a secondary receiver, and wherein the value is transfer to an account of the primary receiver, and wherein at least a portion of the value is transferred from the account of the primary receiver to an account of a secondary receiver.

29. The method of claim 27, wherein the receiver includes a primary receiver and a secondary receiver, and wherein the value is transfer partially to an account of the primary receiver and partially to an account of the secondary receiver.

30. The method of claim 26, further comprising enabling the value to be reserved in the account of the sender before the value is transferred to the account of the receiver.

31. The method of claim 26, further comprising notifying the sender after the value is transferred out of the account of the sender and based on a notification flow.

32. The method of claim 31, wherein the notifying is performed via a telephone number or an email address associated with the sender.

22. (canceled)