SYSTEMS AND METHODS FOR AUTOMATIC ROUTINE PAYMENTS
First Claim
1. A system for managing routine payments, the system comprising:
- a hardware memory storing information about a payment account of a user, wherein the information comprises payment history to a same or similar merchant; and
one or more processors in communication with the memory and adapted to;
determine a potential routine payment based on the payment history;
designate the potential routine payment as a routine payment;
generate a schedule for the routine payment;
process the routine payment to a merchant when the routine payment is due based on the schedule; and
send a reminder notifying a user to visit the merchant after the payment is sent to the merchant.
2 Assignments
0 Petitions
Accused Products
Abstract
According to an embodiment, a potential routine payment made for a routine service may automatically be identified based on payment history of a payment account. The potential routine payment may be suggested to a user of the payment account. With the user'"'"'s permission, the potential routine payment may be designated as a routine payment. A schedule may be set up for the routine payment and payments may automatically be made from the payment account to a merchant providing the routine service based on the schedule. Further, the user may be reminded to receive the routine service based on the schedule. Follow-up reminders may be sent to the user when the routine payment has been made and the user has not visited the merchant to receive the routine service.
17 Citations
20 Claims
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1. A system for managing routine payments, the system comprising:
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a hardware memory storing information about a payment account of a user, wherein the information comprises payment history to a same or similar merchant; and one or more processors in communication with the memory and adapted to; determine a potential routine payment based on the payment history; designate the potential routine payment as a routine payment; generate a schedule for the routine payment; process the routine payment to a merchant when the routine payment is due based on the schedule; and send a reminder notifying a user to visit the merchant after the payment is sent to the merchant. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9)
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10. A method for managing routine payments, the method comprising:
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receiving a payment history associated with a user; determining, electronically by a hardware processor of a service provider, a potential routine payment based on the payment history; designating the potential routine payment as a routine payment; generating a schedule for the routine payment; processing, electronically by the hardware processor, the routine payment to a merchant when the routine payment is due based on the schedule; and sending, electronically by the hardware processor to a user device, a reminder notifying the user to visit the merchant after the payment is sent to the merchant. - View Dependent Claims (11, 12, 13, 14, 15, 16, 17, 18)
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19. A non-transitory machine-readable medium comprising a plurality of machine-readable instructions which when executed by one or more processors of a computer are adapted to cause the computer to perform a method comprising:
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determining a potential routine payment based on the payment history; designating the potential routine payment as a routine payment; generating a schedule for the routine payment; processing the routine payment to a merchant when the routine payment is due based on the schedule; and sending a reminder notifying a user to visit the merchant after the payment is sent to the merchant. - View Dependent Claims (20)
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Specification