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Payment management

  • US 7,571,140 B2
  • Filed: 12/16/2002
  • Issued: 08/04/2009
  • Est. Priority Date: 12/16/2002
  • Status: Active Grant
First Claim
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1. A method for a payor paying a payee using a payment account, the method comprising:

  • receiving selection at a point of sale (POS) terminal that a payor desires to use a payment enabler, wherein the POS terminal is located within a retail merchant;

    the payment enabler retrieving, from a user database, information on a plurality of payment accounts that comprise a first payment account and a second payment account;

    the payment enabler sending the first payment account and the second payment account to the POS terminal;

    the POS terminal presenting the first payment account and the second payment account for selection by the payor;

    the POS terminal receiving the selection of the first payment account;

    the POS terminal sending the selection to the payment enabler;

    before the payment is sent for authorization, the payment enabler determining the first payment account is inadequate in some respect to pay the payee;

    in response to determining the first payment account is inadequate, the payment enabler suggesting a second payment account to the payor; and

    the payment enabler paying the payee with the second payment account.

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