METHODS AND SYSTEMS FOR PAYING A BILL USING A TRANSACTION CARD ACCOUNT

• US 20100161486A1
• Filed: 12/23/2008
• Published: 06/24/2010
• Est. Priority Date: 12/23/2008
• Status: Abandoned Application

• Current Assignee: Mastercard International Incorporated (MasterCard Incorporated), MasterCard International InCorporation (MasterCard Incorporated)
• Original Assignee: Mastercard International Incorporated (MasterCard Incorporated)
• Inventors: Liu, Alexander A., Hynes, Ronald C.
• Application Number:
  US12/342,887
• Publication Number:
  US 20100161486A1
• Time in Patent Office: Days
• US Class Current: 705/41
• 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 20/105 involving programming of a portable memory device, e.g. IC cards, "electronic purses"
• CPC Class Codes: G06Q 20/14 specially adapted for billing systems
• CPC Class Codes: G06Q 20/40 Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
• CPC Class Codes: G06Q 30/04 Billing or invoicing

Abstract

A computer-based method for paying a bill using a transaction card account is performed using an interchange computer coupled to a memory. The method includes submitting bill pay data by a consumer for processing by a bill payment outsourcer, receiving the bill pay data and an authorization message, processing the bill pay data and the authorization message for transmission to an issuer associated with the transaction card, and receiving an approval message from the issuer after the issuer has confirmed that the transaction card account includes sufficient funds to pay the submitted bill. The approval message is provided to the bill payment outsourcer. Funds data representing a transfer of funds from the transaction card account is transmitted to the biller for paying the bill.

Claims

1. A computer-based method for paying a bill using a transaction card account, said method performed using an interchange computer coupled to a memory, said method comprising:

submitting bill pay data by a consumer for processing by a bill payment outsourcer, the bill pay data including data representing the bill to be paid to a biller and the transaction card account associated with the consumer to be used for paying the bill;

receiving the bill pay data and an authorization message at the interchange computer for storage within the memory, wherein the authorization message requests an approval message confirming that the transaction card account includes sufficient funds to pay the submitted bill;

processing the bill pay data and the authorization message for transmission to an issuer associated with the transaction card;

receiving at the interchange computer the approval message from the issuer after the issuer has confirmed that the transaction card account includes sufficient funds to pay the submitted bill, the approval message provided to the bill payment outsourcer; and

transmitting funds data representing a transfer of funds from the transaction card account to the biller for paying the bill.

2. A computer-based method in accordance with claim 1, wherein submitting bill pay data by a consumer further comprises:

inputting the bill pay data into a user interface displayed on a consumer computer system; and

transmitting the bill pay data from the consumer computer system to a bill payment outsourcer computer system.

3. A computer-based method in accordance with claim 1, wherein submitting bill pay data by a consumer further comprises:

submitting the bill pay data using an interactive voice response system; and

transmitting the bill pay data from the interactive voice response system to a bill payment outsourcer computer system.

4. A computer-based method in accordance with claim 1, wherein receiving the bill pay data and an authorization message at the interchange computer further comprises:

transmitting the bill pay data and the authorization message from at least one of the bill payment outsourcer, an acquirer bank, and an acquirer processor;

receiving the bill pay data and the authorization message at the interchange computer, wherein the interchange computer is associated with an interchange network; and

formatting the bill pay data and the authorization message at the interchange computer for transmission to at least one of the issuer and an issuer processor.

5. A computer-based method in accordance with claim 1, wherein receiving at the interchange computer the approval message from the issuer further comprises:

determining by at least one of the issuer and an issuer processor whether the transaction card account has sufficient funds therein to pay the submitted bill;

reserving a reserve amount within the transaction card account for paying the submitted bill, wherein the reserve amount equals an amount to be paid for the submitted bill; and

receiving at the interchange computer the approval message from the at least one of the issuer and the issuer processor when the transaction card account has sufficient funds to pay the submitted bill.

6. A computer-based method in accordance with claim 1, wherein receiving at the interchange computer the approval message from the issuer further comprises:

determining by at least one of the issuer and an issuer processor whether the transaction card account has sufficient funds therein to pay the submitted bill; and

receiving at the interchange computer the approval message from the at least one of the issuer and the issuer processor when the transaction card account has sufficient funds to pay the submitted bill.

7. A computer-based method in accordance with claim 1, wherein processing the bill pay data and the authorization message further comprises:

processing the bill pay data and the authorization message including automatically converting the bill pay data and the authorization message at the interchange computer into a format to enable communication with at least one of the issuer and an issuer processor.

8. A computer-based method in accordance with claim 1 further comprising automatically converting the bill pay data and the authorization message at at least one of the acquirer and the acquirer processor into a format to enable communication with the interchange computer.

9. A computer-based method in accordance with claim 1, wherein receiving at the interchange computer the approval message from the issuer further comprises:

receiving at the interchange computer the approval message from the at least one of the issuer and an issuer processor after determining the transaction card account has sufficient funds to pay the bill; and

transmitting the approval message from the interchange computer to the bill payment outsourcer.

10. A computer-based method in accordance with claim 9 further comprising:

transmitting the bill pay data from the bill payment outsourcer to a remote payment system after the bill payment outsourcer has received the approval message; and

transmitting the bill pay data from the remote payment system to the biller.

11. A computer-based method in accordance with claim 1, wherein transmitting funds data further comprises:

applying a debit entry to the transaction card account including reducing a balance of the transaction card account by the debit entry, wherein the debit entry is equal to an amount billed from the submitted bill including a cardholder fee;

transmitting a credit entry from the interchange computer to the bill payment outsourcer, wherein the credit entry is equal to the debit entry less the cardholder fee and represents an amount of money transferred from the consumer to the biller;

transmitting the credit entry from the bill payment outsourcer to the biller for recording in an account for the biller; and

recording the cardholder fee at the interchange computer, the cardholder fee is an amount charged by an interchange network for processing the payment.

12. A computer-based method in accordance with claim 1, wherein transmitting funds data further comprises:

applying a debit entry to the transaction card account including reducing a balance of the transaction card account by the debit entry, wherein the debit entry is equal to an amount billed from the submitted bill;

transmitting a credit entry from the interchange computer to a remote bill payment service, wherein the credit entry is equal to the debit entry and represents an amount of money transferred from the consumer to the biller; and

transmitting the credit entry from the remote bill payment service to the biller for recording in an account for the biller.

13. A computer-based method in accordance with claim 1, wherein submitting bill pay data by a consumer further comprises:

scheduling automatic recurring bill payments by the consumer using a user interface displayed on a consumer computer system; and

transmitting the bill pay data on a scheduled date from the consumer computer system to a bill payment outsourcer computer system.

14. A computer for processing a bill payment by a consumer using a transaction card account, said computer coupled to a database, said computer configured to:

receive bill pay data and an authorization message for storage within the database, wherein the bill pay data is submitted by the consumer for processing by a bill payment outsourcer, the bill pay data including data representing the bill to be paid to a biller and the transaction card account associated with the consumer to be used to pay the bill, and wherein the authorization message requests an approval message confirming that the transaction card account includes sufficient funds to pay the submitted bill;

process the bill pay data and the authorization message for transmission to an issuer associated with the transaction card;

receive the approval message from the issuer after the issuer has confirmed that the transaction card account includes sufficient funds to pay the submitted bill, the approval message provided to the bill payment outsourcer; and

transmit funds data representing a transfer of funds from the transaction card account to the biller for paying the bill.

15. A computer in accordance with claim 14 configured to:

receive the bill pay data and the authorization message transmitted from at least one of the bill payment outsourcer, an acquirer bank, and an acquirer processor; and

format the bill pay data and the authorization message for transmission to at least one of the issuer and an issuer processor.

16. A computer in accordance with claim 14 configured to:

receive the approval message from at least one of the issuer and an issuer processor when the transaction card account has sufficient funds to pay the submitted bill, the at least one of the issuer and the issuer processor determining whether the transaction card account has sufficient funds therein to pay the submitted bill, and reserving a reserve amount within the transaction card account for paying the submitted bill, wherein the reserve amount equals an amount to be paid for the submitted bill.

17. A computer in accordance with claim 14 configured to:

receive the approval message from at least one of the issuer and an issuer processor when the transaction card account has sufficient funds to pay the submitted bill, the at least one of the issuer and the issuer processor determining whether the transaction card account has sufficient funds therein to pay the submitted bill.

18. A computer in accordance with claim 14 configured to:

automatically convert the bill pay data and the authorization message into a format to enable communication with at least one of the issuer and an issuer processor.

19. A computer in accordance with claim 14 configured to:

convert the approval message into a format to enable communication with at least one at least one of the acquirer and the acquirer processor.

20. A computer in accordance with claim 14 configured to:

receive the approval message from the at least one of the issuer and an issuer processor after determining the transaction card account has sufficient funds to pay the bill; and

transmit the approval message to the bill payment outsourcer.

21. A computer in accordance with claim 14 configured to:

instruct the issuer or an issuer processor to apply a debit entry to the transaction card account including reducing a balance of the transaction card account by the debit entry, wherein the debit entry is equal to an amount billed from the submitted bill including a cardholder fee;

transmit a credit entry to the bill payment outsourcer, wherein the credit entry is equal to the debit entry less the cardholder fee and represents an amount of money transferred from the consumer to the biller;

instruct the bill payment outsourcer to transmit the credit entry to the biller for recording in an account for the biller; and

record the cardholder fee, the cardholder fee is an amount charged by an interchange network associated with said computer for processing the payment.

22. A computer in accordance with claim 14 configured to:

instruct the issuer or a issuer processor to apply a debit entry to the transaction card account including reducing a balance of the transaction card account by the debit entry, wherein the debit entry is equal to an amount billed from the submitted bill; and

transmit a credit entry to a remote bill payment service, wherein the credit entry is equal to the debit entry and represents an amount of money transferred from the consumer to the biller.

23. A computer in accordance with claim 14 configured to:

schedule automatic recurring bill payments by the consumer using a user interface coupled in communication with said computer; and

transmit the bill pay data on a scheduled date to the bill payment outsourcer.

24. A computer in accordance with claim 14 configured to:

track payments submitted by the consumer; and

award reward points to the consumer based on the tracked payments.

25. A network based system for paying a bill using a transaction card account, said system comprising:

a first computer associated with an acquirer processor and a bill payment outsourcer;

a second computer associated with an issuer processor and an issuer holding said transaction card account; and

an interchange server system coupled to a database, said interchange server system further coupled to said first computer and said second computer, said interchange server system configured to;

receive bill pay data and an authorization message for storage within said database, wherein the bill pay data is submitted by the consumer for processing by said first computer, the bill pay data including data representing the bill to be paid to a biller and the transaction card account associated with the consumer to be used to pay the bill, and wherein the authorization message requests an approval message confirming that the transaction card account includes sufficient funds to pay the submitted bill;

process the bill pay data and the authorization message for transmission to said second computer;

receive the approval message from said second computer after said second computer has confirmed that the transaction card account includes sufficient funds to pay the submitted bill, the approval message provided to said first computer; and

transmit funds data representing a transfer of funds from the transaction card account to the biller for paying the bill.

26. A network based system in accordance with claim 25, wherein said interchange server system is further configured to:

receive the bill pay data and the authorization message transmitted from said first computer; and

format the bill pay data and the authorization message for transmission to said second computer.

27. A network based system in accordance with claim 25, wherein said interchange server system is further configured to:

receive the approval message from said second computer when the transaction card account has sufficient funds to pay the submitted bill, said second computer determining whether the transaction card account has sufficient funds therein to pay the submitted bill, and reserving a reserve amount within the transaction card account for paying the submitted bill, wherein the reserve amount equals an amount to be paid for the submitted bill.

28. A network based system in accordance with claim 25, wherein said interchange server system is further configured to:

receive the approval message from said second computer when the transaction card account has sufficient funds to pay the submitted bill, said second computer determining whether the transaction card account has sufficient funds therein to pay the submitted bill; and

transmit the approval message to said first computer.

29. A network based system in accordance with claim 25, wherein said interchange server system is further configured to:

schedule automatic recurring bill payments by the consumer using a user interface coupled in communication with said computer; and

transmit the bill pay data on a scheduled date to the bill payment outsourcer.

30. A computer program embodied on a computer readable medium for paying a bill using a transaction card account, said program comprising at least one code segment that:

submits bill pay data by a consumer for processing by a bill payment outsourcer, the bill pay data including data representing the bill to be paid to a biller and the transaction card account associated with the consumer to be used for paying the bill;

receives the bill pay data and an authorization message for storage within a memory, wherein the authorization message requests an approval message confirming that the transaction card account includes sufficient funds to pay the submitted bill;

processes the bill pay data and the authorization message for transmission to an issuer associated with the transaction card;

receives the approval message from the issuer after the issuer has confirmed that the transaction card account includes sufficient funds to pay the submitted bill, the approval message provided to the bill payment outsourcer; and

transmits funds data representing a transfer of funds from the transaction card account to the biller for paying the bill.