SYSTEM AND METHOD FOR REGISTERING FINANCIAL ACCOUNTS

• US 20130325709A1
• Filed: 11/16/2012
• Published: 12/05/2013
• Est. Priority Date: 06/05/2012
• Status: Active Grant

• Current Assignee: Autoscribe Corporation
• Original Assignee: Autoscribe Corporation
• Inventors: Pollin, Robert Evan, Downey, Brian Edward, Fleming, Sean Allen
• Granted Patent: US 9,576,279 B2
• Time in Patent Office: Days
• US Class Current: 705/40
• CPC Class Codes: G06Q 10/00 Administration; Management
• CPC Class Codes: G06Q 10/107 Computer-aided management of electronic mailing [e-mailing]
• 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 20/12 specially adapted for electronic shopping systems
• CPC Class Codes: G06Q 20/305 using wired telephone networks
• 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 20/4014 Identity check for transactions

Abstract

A session to enroll customers to make payments has two stages, a first stage completed on the telephone or on a merchant or debt collector website, and a second stage completed via a communications link such as a telephone or Internet link. The customer enrollment record is linked to financial account information received from the customer in the second stage and stored on a second, secure server. A token linked to the securely stored financial account information is returned to the merchant and then used by the merchant to initiate payments on that financial account. The merchant'"'"'s personnel and customer record system do not store or have access to the underlying financial account information.

Claims

1. A method for enrolling a payer in an electronic system to facilitate making a payment, comprising the steps of:

a. storing, in a first computing system, electronic enrollment data identifying a payer;

b. generating in said first computing system an electronic instruction to a second computing system to obtain financial account information from the payer, said instruction defining a communications link to be used to obtain said financial account information;

c. transmitting said instruction to said second computing system;

d. receiving a token from said second computing system subsequent to the transmission of said instruction, said token representing financial account information of the payer obtained via said defined communications link;

e. electronically storing said token in said first computing system in association with said electronic enrollment data for the payer;

f. processing a payment from the payer by electronically generating a payment transaction instruction in the first computing system, including a representation of the token, and electronically transmitting said payment transaction instruction to a computing system other than the first computing system having access to said financial account information, wherein such payment processing is performed without the first computing system having access to the payer'"'"'s financial account information represented by said token.

2. The method of claim 1 wherein said communication link instruction comprises a telephone number to enable an automated call to the payer to obtain the financial account information.

3. The method of claim 1 wherein said communication link instruction comprises transferring an existing telephone call with the payer to an automated telephone response system that automatically receives the financial account information,

4. The method of claim 1 wherein said communication link instruction is a secure internet link to the second computing system, and said communication link instruction is transmitted to a payer computing device being used by the payer to enter said electronic enrollment data to cause said payer computing device to access the second computing system for entry of financial account information.

5. The method of claim 1 wherein said communication link instruction comprises contact information for the payer to enable the second computing system to transmit connection instructions to the payer for communicating the financial account information to the second computing system.

6. The method of claim 5 wherein said contact information comprises one of an email address and a mobile telephone number whereby the second computing system sends a link for a secure data entry connection to the payer via one of email and text.

7. A method for enrolling a payer in an electronic system to facilitate making a payment, comprising the steps of:

a. storing, in a first computing system, electronic enrollment data identifying a payer;

b. generating in said first computing system an electronic instruction to a second computing system to obtain financial account information from the payer via a telephone link;

c. transmitting said instruction to said second computing system;

d. receiving a token from said second computing system subsequent to the transmission of said instruction, said token representing financial account information of the payer obtained via said telephone link; and

e. electronically storing said token in said first computing system in association with said electronic enrollment data for the payer.

8. The method of claim 7 wherein said electronic instruction comprises a telephone number to enable an automated call to the payer under the control of the second computing system to obtain the financial account information.

9. The method of claim 7 wherein said electronic instruction comprises transferring a currently live telephone call with the payer to an automated telephone response system that automatically receives the financial account information.

10. The method of claim 7 wherein the payer is instructed to call a telephone number and enter financial account information into an automated telephone response system, whereby said financial account information is stored for access by the second computing system.