METHOD AND APPARATUS FOR PAYMENT PROCESSING USING DEBIT-BASED ELECTRONIC FUNDS TRANSFER AND DISBURSEMENT PROCESSING USING ADDENDUM-BASED ELECTRONIC DATA INTERCHANGE

• US 20100287094A1
• Filed: 07/22/2010
• Published: 11/11/2010
• Est. Priority Date: 09/30/1997
• Status: Active Grant

• Current Assignee: Conduent Business Services, LLC (Conduent, Inc.)
• Original Assignee: ACS State & Local Solutions Incorporated (Conduent, Inc.)
• Inventors: Polk, John
• Granted Patent: US 8,392,326 B2
• Time in Patent Office: Days
• US Class Current: 705/39
• CPC Class Codes: G06Q 10/10 Office automation; Time management
• 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 20/14 specially adapted for billing systems
• 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

This disclosure describes a payment and disbursement system, wherein an initiator authorizes a payment and disbursement to a collector and the collector processes the payment and disbursement through an accumulator agency. The accumulator agency processes the payment as a debit-based transaction and processes the disbursement as an addendum-based transaction. The processing of a debit-based transaction generally occurs by electronic funds transfer (EFT) or by financial electronic data interchange (FEDI). The processing of an addendum-based transaction generally occurs by electronic data interchange (EDI).

Claims

1-126. -126. (canceled)

127. A method of processing payment information, comprising:

receiving instructions at a processing entity from an intermediary regarding the processing of payment information;

receiving payment information at the processing entity, the payment information including at least a debit transaction; and

processing the debit transaction from the payment information by the processing entity to a payment recipient according to the received instructions.

128. The method of claim 127, wherein receiving instructions regarding the processing of payment information further comprises receiving an electronic file from the intermediary with the payment information instructions.

129. The method of claim 127, wherein the processing entity is an accumulator agency and the intermediary is a state.

130. The method of claim 127, wherein receiving payment information further comprises receiving payment information from an employer.

131. The method of claim 127, wherein the payment information regards a child support obligation of a noncustodial parent.

132. The method of claim 127, wherein processing the debit transaction further comprises processing a payment as the debit transaction via a bank.

133. The method of claim 127, wherein processing the debit transaction further comprises processing a payment as the debit transaction via an automated clearing house.

134. The method of claim 130, wherein processing the debit transaction further comprises receiving a payment as the debit transaction from the employer.

135. The method of claim 134, wherein receiving a payment from the employer further comprises obtaining the payment by the employer from a salary of an employee.

136. The method of claim 127, wherein the payment recipient is the processing entity.

137. A system of processing payment information, comprising:

a receiving component configured to receive instructions regarding the processing of payment information at a processing entity from an intermediary regarding the processing of payment information;

a receiving payment information component configured to receive payment information at the processing entity, the payment information including at least a debit transaction; and

a processing the debit transaction component configured to process the debit transaction from the payment information by the processing entity to a payment recipient according to the received instructions.

138. The system of claim 137, wherein the receiving instructions component further comprises a receiving component configured to receive an electronic file from the intermediary with the payment information instructions.

139. The system of claim 137, wherein the processing entity is an accumulator agency and the intermediary is a state.

140. The system of claim 137, wherein the receiving payment information component further comprises a receiving component configured to receive payment information from an employer.

141. The system of claim 137, wherein the payment information regards a child support obligation of a noncustodial parent.

142. The system of claim 137, wherein the processing the debit transaction component further comprises a processing component configured to process a payment as the debit transaction via an automated clearing house.

143. The system of claim 140, wherein the processing the debit transaction component further comprises a receiving component configured to receive a payment as the debit transaction from the employer.

144. The system of claim 143, wherein the receiving a payment from the employer component further comprises an obtaining component configured to obtain the payment by the employer from a salary of an employee.

145. The system of claim 137, wherein the payment recipient is the processing entity.

146. A computer readable medium containing instructions for controlling a computer system to perform a method of processing payment information, the method comprising:

receiving instructions at a processing entity from an intermediary regarding the processing of payment information;

receiving payment information at the processing entity, the payment information including at least a debit transaction; and

processing the debit transaction from the payment information by the processing entity to a payment recipient according to the received instructions.

147. A system of processing payment information, comprising:

receiving means for receiving instructions at a processing entity from an intermediary regarding the processing of payment information;

receiving means for receiving payment information at the processing entity, the payment information including at least a debit transaction; and

processing means for processing the debit transaction from the payment information by the processing entity to a payment recipient according to the received instructions.