SYSTEMS AND METHODS FOR INCREASING COLLECTION AGREEMENT FULFILLMENT AND TRACEABILITY

• US 20120005075A1
• Filed: 07/02/2010
• Published: 01/05/2012
• Est. Priority Date: 07/02/2010
• Status: Abandoned Application

• Current Assignee: Western Union
• Original Assignee: Western Union
• Inventors: Bulawa, Kurt, Michelsen, Michael, Demark, Michele, Owen, Dave
• Application Number:
  US12/830,025
• Publication Number:
  US 20120005075A1
• Time in Patent Office: Days
• US Class Current: 705/39
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 40/06 Asset management; Financial planning or analysis

Abstract

A system for receiving a payment for a financial obligation of a payer via a staged transaction, and for identifying an originator of the staged transaction. A collection system may be configured to, per the originator, associate the obligation with an identifier which may be unique to the obligation and indicative of the originator, to associate the transaction with the identifier, and to provide the identifier to the payer. A provider system may be configured to receive a first record related to the transaction from the collection system, to receive a second record related to the transaction which indicates a payment has been received, and to send a third record related to the transaction to the collection system which indicates a payment has been received. A provider subsystem may be configured to receive the identifier from the payer, and send the second record to the provider system.

Claims

1. A system for receiving a payment for a financial obligation of a payer via a staged transaction, and for identifying an originator of the staged transaction after satisfaction of the staged transaction, wherein the system comprises:

a collection system, wherein, at the direction of the originator, the collection system is configured to;

associate the financial obligation with an identifier, wherein the identifier is unique to the financial obligation and indicative of the originator;

associate the staged transaction with the identifier; and

provide the identifier for communication to the payer;

a provider system, wherein the provider system is configured to;

receive a first record related to the staged transaction from the collection system;

receive a second record related to the staged transaction, wherein the second record indicates a payment has been received for the financial obligation; and

send a third record related to the staged transaction to the collection system, wherein the third record indicates a payment has been received for the financial obligation; and

a provider subsystem, wherein the provider subsystem is configured to;

receive the identifier from the payer; and

send the second record related to the staged transaction to the provider system.

2. The system for receiving a payment for a financial obligation of a payer via a staged transaction, and for identifying an originator of the staged transaction after satisfaction of the staged transaction, of claim 1, wherein:

the collection system is remotely located from the provider system; and

the provider subsystem is remotely located from the provider system.

3. The system for receiving a payment for a financial obligation of a payer via a staged transaction, and for identifying an originator of the staged transaction after satisfaction of the staged transaction, of claim 1, wherein the collection system is further configured to communicate the identifier to the payer via a wireless network.

4. The system for receiving a payment for a financial obligation of a payer via a staged transaction, and for identifying an originator of the staged transaction after satisfaction of the staged transaction, of claim 3, wherein the collection system is further configured to repeat communication of the identifier to the payer via the wireless network or a secondary network.

5. The system for receiving a payment for a financial obligation of a payer via a staged transaction, and for identifying an originator of the staged transaction after satisfaction of the staged transaction, of claim 1, wherein:

the third record includes the identifier;

the collection system is further configured to;

receive the third record; and

create a fourth record correlating the payment with the originator.

6. The system for receiving a payment for a financial obligation of a payer via a staged transaction, and for identifying an originator of the staged transaction after satisfaction of the staged transaction, of claim 1, wherein the collection system is further configured to identify the originator based only on the third record.

7. The system for receiving a payment for a financial obligation of a payer via a staged transaction, and for identifying an originator of the staged transaction after satisfaction of the staged transaction, of claim 6, wherein the third record comprises the identifier, and the collection system being further configured to identify the originator based only on the third record comprises the collection system being configured to identify the originator based only on the identifier.

8. The system for receiving a payment for a financial obligation of a payer via a staged transaction, and for identifying an originator of the staged transaction after satisfaction of the staged transaction, of claim 1, wherein the payer only provides the identifier and the payment to the provider subsystem.

9. The system for receiving a payment for a financial obligation of a payer via a staged transaction, and for identifying an originator of the staged transaction after satisfaction of the staged transaction, of claim 8, wherein the payment comprises information sufficient to cause an electronic payment to occur.

10. The system for receiving a payment for a financial obligation of a payer via a staged transaction, and for identifying an originator of the staged transaction after satisfaction of the staged transaction, of claim 1, wherein the staged transaction comprises a plurality of staged subtransactions, and wherein full payment of the financial obligation causes a flag to be applied to each of the plurality of subtransactions.

11. A method for receiving a payment for a financial obligation owed to a receiver by a payer via a staged transaction, wherein the method comprises:

associating the financial obligation with an identifier, wherein the identifier is unique to the financial obligation;

associating the staged transaction with the identifier;

providing the identifier to the payer;

receiving, from the payer, a payment associated with the identifier; and

communicating receipt of the payment associated with the identifier to the receiver.

12. The method for receiving a payment for a financial obligation owed to a receiver by a payer via a staged transaction of claim 11, wherein the identifier is indicative of an originator of the staged transaction.

13. The method for receiving a payment for a financial obligation owed to a receiver by a payer via a staged transaction of claim 11, wherein the financial obligation comprises a particular instance of a recurring transaction.

14. The method for receiving a payment for a financial obligation owed to a receiver by a payer via a staged transaction of claim 11, wherein the receiver comprises an entity in a first country foreign to a second country of the payer, and wherein the method further comprises:

identifying from a list of rules a particular rule that applies to transfers of money between the first country and the second country; and

verifying that the payment comports with the particular rule.

15. The method for receiving a payment for a financial obligation owed to a receiver by a payer via a staged transaction of claim 14, wherein providing the identifier to the payer comprises providing the identifier to the payer after verifying that the payment comports with the particular rule.

16. The method for receiving a payment for a financial obligation owed to a receiver by a payer via a staged transaction of claim 11, wherein providing the identifier to the payer comprises providing the identifier to the payer via a wireless device, and wherein the method further comprises the payer using the wireless device to initiate the payment.

17. The method for receiving a payment for a financial obligation owed to a receiver by a payer via a staged transaction of claim 16, wherein the payer using the wireless device to initiate the payment comprises a charge to an account associated with charges for use of the wireless device.

18. A system for staging payment transactions related to financial obligations, wherein the system comprises:

a provider system configured to;

receive a staged payment transaction record from a collection system, wherein the collection system is remote from the provider system;

associate the staged payment transaction record with an identifier which is unique to the staged payment transaction record;

receive a payment notification from a provider subsystem, wherein;

the provider subsystem is remote from the provider system and the collection system; and

the payment notification is associated with the identifier; and

transmit a confirmation notification to the collection system, wherein the confirmation notification is associated with the identifier.

19. The system for staging payment transactions related to financial obligations of claim 18, wherein the identifier is indicative of an originator of the staged payment transaction record, and wherein the originator comprises a person, other than the payer, responsible for initiating creation of the staged transaction record.

20. The system for staging payment transactions related to financial obligations of claim 18, wherein the provider subsystem is one of a plurality of provider subsystems, and the collection system is configured to identify the provider system as one of the plurality of provider systems which is closest geographically to the payer.