BROKER-MEDIATED PAYMENT SYSTEMS AND METHODS
First Claim
Patent Images
1. A method of facilitating a payment comprising the steps of:
- at a payment brokerage server, causing an authentication of a payer;
facilitating, by the brokerage server, a payer selection of at least one funding source and at least one real account associated with the payer;
obtaining, at the brokerage server, information identifying a payee;
receiving, at the brokerage server, an instruction from the payer instructing that the payment be made to the payee from at least one payer-selected funding source and at least one payer-selected real account;
obtaining, at the brokerage server, an approval from the at least one payer-selected funding source to make the payment; and
facilitating, by the brokerage server, the payment from the at least one payer-selected funding source to at least one real account of the payee to complete the payment transaction without divulging the at least one payer-selected funding source or the at least one payer-selected real account to the payee.
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Accused Products
Abstract
In certain embodiments of systems and methods for conducting payment transactions between a payer and a payee, the payer selects one or more payment sources from various funding sources and accounts available to the payer, and instructs a payment broker'"'"'s server to perform payment authorization and/or payment routing and clearing services on the payer'"'"'s behalf. The payment broker'"'"'s server notifies the payer and/or the payee of the payment authorization status and, if approved, instructs the funding source to send the payment to or for the payee without divulging the payer-selected funding source or account to the payee.
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Citations
17 Claims
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1. A method of facilitating a payment comprising the steps of:
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at a payment brokerage server, causing an authentication of a payer; facilitating, by the brokerage server, a payer selection of at least one funding source and at least one real account associated with the payer; obtaining, at the brokerage server, information identifying a payee; receiving, at the brokerage server, an instruction from the payer instructing that the payment be made to the payee from at least one payer-selected funding source and at least one payer-selected real account; obtaining, at the brokerage server, an approval from the at least one payer-selected funding source to make the payment; and facilitating, by the brokerage server, the payment from the at least one payer-selected funding source to at least one real account of the payee to complete the payment transaction without divulging the at least one payer-selected funding source or the at least one payer-selected real account to the payee. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10)
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11. A brokerage server for facilitating a payment comprising:
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a communications module; an authentication module for facilitating an authentication of a payer; and a payment module for; (i) facilitating a payer selection of at least one funding source and at least one real account associated with the payer; (ii) obtaining information identifying a payee, (iii) receiving an instruction from the payer instructing that the payment be made to the payee from at least one payer-selected funding source and at least one payer-selected real account; (iv) obtaining an approval from the at least one payer-selected funding source to make the payment; and (v) facilitating the payment from the at least one payer-selected funding source and the at least one payer-selected real account to at least one real account of the payee to complete the payment transaction without divulging the at least one payer-selected funding source or the at least one payer-selected real account to the payee. - View Dependent Claims (12, 13, 14)
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15. A system for facilitating a payment comprising:
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a electronic device running an application for authenticating or obtaining authentication information from a payer, obtaining payee-identifying information, and facilitating selection by the payer of at least one funding source and at least one real account associated with the payer; a brokerage server for authenticating and identifying the payer based on the authentication information and requesting approval from the payer-selected funding source to make a payment; and a funding-source server for receiving an authorization request and payment routing and clearing instructions and causing payment to be made to the payee to complete the payment transaction without divulging the at least one payer-selected funding source or the at least one payer-selected real account to the payee. - View Dependent Claims (16, 17)
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Specification