Electronic identifier payment systems and methods

• US 7,158,955 B2
• Filed: 12/10/2001
• Issued: 01/02/2007
• Est. Priority Date: 03/31/2001
• Status: Active Grant

• Current Assignee: Western Union
• Original Assignee: First Data Corporation (Fiserv Incorporated)
• Inventors: Hansen, Kurt, Diveley, Keith W.
• Primary Examiner(s): Reagan; James A
• Application Number:
  US10/007,701
• Publication Number:
  US 20020143706A1
• Time in Patent Office: 1,849 Days
• Field of Search: 705/14, 705/16, 705/26, 705/34, 705/35, 705 39- 45, 705 65- 67, 705 74- 78, 235375-381, 379/114
• US Class Current: 705/74
• CPC Class Codes: G06F 21/6254 by anonymising data, e.g. decorrelating personal data from the owner's identification
• CPC Class Codes: G06Q 20/02 involving a neutral party, e.g. certification authority, notary or trusted third party [TTP]
• CPC Class Codes: G06Q 20/04 Payment circuits
• CPC Class Codes: G06Q 20/042 characterized in that the payment protocol involves at least one cheque
• CPC Class Codes: G06Q 20/085 involving remote charge determination or related payment systems
• CPC Class Codes: G06Q 20/0855 involving a third party
• 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 20/105 involving programming of a portable memory device, e.g. IC cards, "electronic purses"
• CPC Class Codes: G06Q 20/108 Remote banking, e.g. home banking
• CPC Class Codes: G06Q 20/1085 involving automatic teller machines [ATMs]
• CPC Class Codes: G06Q 20/12 specially adapted for electronic shopping systems
• CPC Class Codes: G06Q 20/20 Point-of-sale [POS] network systems
• CPC Class Codes: G06Q 20/28 Pre-payment schemes, e.g. "pay before"
• CPC Class Codes: G06Q 20/342 Cards defining paid or billed services or quantities
• CPC Class Codes: G06Q 20/3433 the counter having monetary units
• CPC Class Codes: G06Q 20/367 involving electronic purses or money safes
• CPC Class Codes: G06Q 20/3672 initialising or reloading thereof
• CPC Class Codes: G06Q 20/3674 involving authentication
• CPC Class Codes: G06Q 20/382 insuring higher security of transaction
• CPC Class Codes: G06Q 20/3821 : Electronic credentials
• CPC Class Codes: G06Q 20/383 : Anonymous user system
• CPC Class Codes: G06Q 20/385 : using an alias or single-use codes
• 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 20/401 : Transaction verification
• CPC Class Codes: G06Q 30/0234 : Rebates after completed purchase
• CPC Class Codes: G06Q 30/0273 : Determination of fees for advertising
• CPC Class Codes: G06Q 30/04 : Billing or invoicing
• CPC Class Codes: G06Q 30/0615 : Anonymizing
• CPC Class Codes: G06Q 30/0641 : Shopping interfaces
• CPC Class Codes: G06Q 40/00 : Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G07F 7/02 : by keys or other credit registering devices
• CPC Class Codes: G07F 7/025 : by means, e.g. cards, providing billing information at the time of purchase, e.g. identification of seller or purchaser, quantity of goods delivered or to be delivered

Abstract

A payment service method and system involve a payment service provider, a customer/payor and a consumer provider/payee. The customer/payor enrolls in the service and is provided a unique identifier that enables the customer to conduct transactions with the payment service provider. The customer/payor interfaces with the payment service provider through various forms of communication, and can facilitate payments to the consumer providers/payees through the payment service provider while remaining anonymous.

Claims

1. A method for prepaying for a stored value account maintained by a payment service provider in order for an unbanked consumer to purchase goods or services from a consumer provider using the stored value account rather than a bank account of the consumer, the method comprising:

receiving at a host computer of a payment service provider a set of identifiers from a consumer provider that are associated with stored value accounts of the consumer provider, the set of identifiers forming a database comprising existing and future customer accounts, the set of identifiers being formatted into a customer database, the customer database being operated by the payment service provider, wherein the identifiers comprise routing numbers recognized by an ACH transfer system;

at a terminal system, calculating a payment amount that comprises a stored value amount, a service fee and a tax;

entering into the terminal system payment information that includes the payment amount and transmitting the payment information to the host computer, wherein the payment amount is made by a customer while the customer is physically present at a payment service provider location;

at the host computer, associating the payment information with one of the identifiers;

transmitting from the host computer to the terminal system the identifier;

printing a receipt having at least some of the payment information and the identifier;

electronically transmitting from the host computer to the consumer provider the payment information;

performing an ACH transfer request from the host computer to electronically deposit at least some of the payment amount in a bank account of the consumer provider; and

debiting the stored value account using an ACH transfer based on presentment of the identifier to the consumer provider.

2. A method as in claim 1, wherein the payment information is transferred electronically from the terminal system to the host computer.

3. A method as in claim 1, wherein receipt of the payment information record is used to activate the stored value account.

4. A method as in claim 3, wherein the stored value account includes phone time.

5. A method as in claim 1, wherein the payment amount is determined by the consumer provider.

6. A payment system for a consumer to purchase goods or services from a consumer provider using a stored value account maintained by a payment service provider rather than using a consumer bank account, comprising:

a host computer; and

a database associated with the host computer, the database having a record of a set of identifiers that are associated with stored value accounts of a consumer provider, wherein identifiers comprise routing numbers recognized by an ACH transfer system, the set of identifiers forming a database comprising existing and future customer accounts, the set of identifiers being formatted into a customer database, the customer database being operated by the payment service provider;

at a terminal system, calculating a payment amount that comprises a stored value amount, a service fee and a tax;

wherein the host computer is configured to receive a record containing one of the identifiers along with information on a payment, to send information from the record to the consumer provider, and to electronically facilitate the sending of the payment to a bank of the consumer provider using an ACH transfer;

at least one terminal located at a payment service provider location and having a processor that is capable of communicating with the host computer, and wherein the terminal is configured to calculate a payment amount that comprises a stored value amount;

wherein the host computer is further configured to associate the payment information with one of the identifiers, to transmit the identifier to the terminal, to electronically transmit to the consumer provider the payment information, and to perform an ACH transfer request to electronically transmit at least some of the payment amount in a bank account of the consumer provider, wherein the payment amount is made by a customer while the customer is physically present at the payment service provider location; and

a printer coupled to the material to print a receipt showing the payment and the identifier.

7. A method for prepaying for a service using stored value accounts maintained by a payment service provider, in order for an unbanked consumer to purchase goods or services from a consumer provider using the stored value account rather than a bank account of the consumer, the method comprising:

receiving a set of identifiers from a consumer service provider that are associated with a stored value account, that are presentable to the consumer service provider, that are used to add value to a stored value account maintained by the payment service provider, the set of identifiers forming a database comprising existing and future customer accounts, the set of identifiers being formatted into a customer database, the customer database being operated by the payment service provider, and that comprise routing numbers recognized by an ACH transfer system;

at a terminal system, calculating a payment amount that comprises a stored value amount, a service fee and a tax;

receiving a request to pay for the service along with a payment;

associating the payment with one of the identifiers;

performing an ACH transfer request to electronically transmit at least some of the payment amount into a bank account of the consumer service provider;

creating an electronic record of the payment along with the associated identifier; and

issuing a receipt that includes the identifier, wherein the identifier is presentable by the consumer to the consumer service provider to receive the service.

8. A method as in claim 7, further comprising entering information on the payment into a terminal system having a processor and that contains a record of the associated identifier.

9. A method as in claim 8, further comprising electronically sending the payment information and the associated identifier from the terminal system to a host computer.

10. A method as in claim 9, further comprising sending the payment information and the associated identifier from the host computer to the consumer service provider.

11. A method as in claim 10, further comprising sending an electronic report to the consumer showing the amount of payment and a calculated tax associated with the payment.

12. A method as in claim 10, further comprising establishing a communication link between the terminal system and the host computer, and wherein the host computer is configured to calculate the tax based on the location of the consumer provider.

13. A method as in claim 10, further comprising displaying the amount of the tax at the terminal system.

14. A method as in claim 7, wherein each identifier is associated with a fixed payment amount.

15. A method as in claim 7, wherein the receipt comprises a sheet of paper having the identifier printed thereon.

16. A method as in claim 7, wherein the stored value account comprises phone service, and further comprising adding time to the phone service upon presentment of the identifier to the consumer service provider.