VENDOR PAYMENT CONSOLIDATION SYSTEM

• US 20120030101A1
• Filed: 09/30/2011
• Published: 02/02/2012
• Est. Priority Date: 10/06/2009
• Status: Abandoned Application

• Current Assignee: Apple Inc.
• Original Assignee: Apple Inc.
• Inventors: Boyd, Michael
• Application Number:
  US13/250,892
• Publication Number:
  US 20120030101A1
• Time in Patent Office: Days
• US Class Current: 705/40
• CPC Class Codes: G06Q 20/102 Bill distribution or payments
• CPC Class Codes: G06Q 20/12 specially adapted for electronic shopping systems
• CPC Class Codes: G06Q 20/381 Currency conversion
• CPC Class Codes: G06Q 30/0601 Electronic shopping [e-shopping]

Abstract

Several related entities can owe payments to a single vendor. For example, several related companies can owe payments to developers who sell software using several storefronts operated by the related companies. To limit the number of payments made to the developer, a third-party payment processing entity can receive individual payments from each of storefronts for a developer, can aggregate the payments and convert their respective currencies if necessary, and provide a single payment on behalf of all of the storefronts to the developer. Because the payment processing entity is a third party (e.g., a bank) and not related to the storefronts, the tax or other advantages procured from having several storefronts can be preserved while reducing the costs of paying the developer (e.g., fewer transaction fees).

Claims

1. A method for providing a payment to a common payee from a plurality of related paying entities, comprising:

determining a payment amount due by each of a plurality of paying entities to a common payee using an automated processing system, wherein each of the plurality of paying entities are controlled by a single legal entity;

providing the determined payment amounts for each of the paying entities to a third-party payment processing entity using an automated processing system, wherein the single legal entity does not control the payment processing entity;

directing the payment processing entity to aggregate the determined payment amounts to define a single total amount due to the payee; and

directing the payment processing entity to remit payment to the payee in the single total amount.

2. The method of claim 1, wherein:

each of the plurality of paying entities is associated with a particular currency; and

providing the determined payment amounts comprises providing the determined payment amounts in the currencies associated with each of the corresponding paying entities; and

directing the payment processing entity to convert the provided payment amounts to a single currency.

3. The method of claim 2, wherein:

the single currency is selected by the payee.

4. The method of claim 1, wherein:

the plurality of paying entities are subsidiaries of the single legal entity.

5. The method of claim 1, wherein:

each of the plurality of paying entities operates a storefront in a distinct jurisdiction; and

the common payee provides a good for sale by the storefronts of each of the plurality of paying entities.

6. The method of claim 5, wherein:

the common payee comprises a software developer; and

the good comprises software sold by each of the storefronts.

7. The method of claim 5, wherein:

the common payee comprises a game developer; and

the good comprises a game that can be played at least partially using an electronic device.

8. The method of claim 5, wherein:

the common payee comprises a publisher; and

the good comprises media.

9. The method of claim 8, wherein the media comprises at least one of an e-book, interactive media, audio, and video.

10. The method of claim 1, further comprising:

providing a payment from each of the plurality of payment entities to the payment processing entity in the determined amount.

11. The method of claim 7, wherein:

providing a payment from each of the paying entities further comprises providing a payment from each of the paying entities in currencies associated with each of the paying entities.

12. The method of claim 11, further comprising:

directing the paying processing entity to convert the provided payments from the currencies associated with each of the paying entities to a single currency.

13. The method of claim 12, wherein:

the single currency comprises at least one of a default currency and a currency associated with the common payee.

14. A method for providing payment to a payee from a plurality of entities to a single payee, comprising:

receiving with an automated processing system, for each of a plurality of related paying entities, an amount due to a single payee, wherein the related paying entities are controlled by a common legal entity;

aggregating the received amounts with the automated processing system to determine the total amount due to the single payee using a payment processing entity, wherein the payment processing entity is not controlled by the common legal entity; and

providing a payment in the total amount to the single payee with the automated processing system.

15. The method of claim 14, further comprising:

receiving a payment from each of the plurality of paying entities; and

transferring the received payment to the single payee.

16. The method of claim 15, further comprising:

receiving a payment from each of the plurality of paying entities further comprises receiving a payment from each of the plurality of entities in different currencies; and

converting the received payments from the different currencies to a single currency.

17. The method of claim 16, wherein:

the single currency is a currency associated with the single payee.

18. The method of claim 14, wherein:

each of the plurality of entities operates a storefront for selling content; and

the payee comprises a publisher providing content for sale by the plurality of entities in at least one of the storefronts.

19. The method of claim 18, wherein the content comprises at least one of:

a software application, interactive media, audio, video, e-books, and a key for accessing content.

21. The system of claim 18, wherein:

each of the plurality of paying entities is operative to provide a payment to the payment processing entity in the amount due by the paying entity to the plurality of payees; and

the processor of the payment processing entity is further operative to redirect the payments received from the plurality of paying entities to the appropriate payees.

22. The system of claim 21, wherein:

the payments provided by each of the plurality of paying entities are provided in at least two different currencies; and

the processor of the payment processing entity is further operative to convert the received payments associated with a particular payee from the at least two different currencies to a final currency.

23. The system of claim 22, wherein:

the final currency is selected by the particular payee.

24. The system of claim 18, wherein:

the plurality of paying entities comprises a plurality of entities each operating a storefront in different jurisdictions; and

the plurality of payees comprises a plurality of developers providing software to the plurality of paying entities for selling in the storefronts.

25. The system of claim 24, wherein:

the plurality of payment entities are operative to;

determine the value of sales for software sold by each of the plurality of developers;

determine a percentage amount of the determined sales value for each of the plurality of developers; and

provide the determined percentage amount to the payment processing entity as the amount to each of the developers.

20. A system for providing payments from a plurality of paying entities to a plurality of payees, comprising:

a plurality of paying entities, wherein the plurality of paying entities are controlled by a single entity;

a plurality of payees, wherein at least two of the plurality of paying entities owe payments to one of the plurality of payees; and

a payment processing entity that is not controlled by the single entity, the payment processing entity comprising a processor operative to;

receive, from each of the plurality of payees, an amount due to each of the plurality of payees;

aggregate the received amounts to determine a total amount due to each of the plurality of payees; and

provide a single payment to each of the plurality of payees in the determined total amount due to each of the plurality of payees.