System and method for real time account and account number generation using origination APIS

• US 7,849,010 B2
• Filed: 08/06/2008
• Issued: 12/07/2010
• Est. Priority Date: 08/10/2007
• Status: Expired due to Fees

• Current Assignee: AccountNow Incorporated
• Original Assignee: AccountNow Incorporated
• Inventors: Kjellen, Daniel, Deyoe, David, Ropolo, Shelly, Pacheco, Greg, Coltrell, Tim, Montes, Matt
• Primary Examiner(s): Gart; Matthew S
• Assistant Examiner(s): Zare; Scott A
• Application Number:
  US12/187,284
• Publication Number:
  US 20090043677A1
• Time in Patent Office: 853 Days
• Field of Search: 705/26, 705/35, 705/42
• US Class Current: 705/42
• CPC Class Codes: G06Q 20/108 Remote banking, e.g. home banking
• CPC Class Codes: G06Q 20/12 specially adapted for electronic shopping systems
• CPC Class Codes: G06Q 20/28 Pre-payment schemes, e.g. "pay before"
• 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 30/0601 Electronic shopping [e-shopping]
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 40/12 Accounting

Abstract

A system and method generate an account in real time in accordance with an application programming interface (API). The API contains parameter descriptions listing universal resource locator (URL) parameters associated with items. A format for implementing an http request to transmit data to in compliance with the defined format is disclosed. A transparent mode for transmitting a response to an http request transmitting data provides for the transmission of an extensible markup language (XML) formatted file communicating an outcome to the request.

Claims

1. A method for creating a pre-paid debit account for a customer while the customer is purchasing services or goods from a commercial establishment, the method, comprising:

entering customer information, by the customer, in furtherance of the purchasing services or goods from the commercial establishment through a web page of the commercial establishment;

the customer requesting the creation of the pre-paid debit account via the web page of a commercial establishment while making a purchase of the services or goods from the commercial establishment, the purchase also being made via the web page of the commercial establishment,

transmitting, to a financial services provider server, applicant data formatted according to an application programming interface (API),

wherein, the applicant data describes the customer requesting creation of the pre-paid debit account;

wherein, the applicant data transmitted to the financial services provider server to be used for fulfilling the customer request is limited only to the customer information that was already entered by the customer in furtherance of the purchasing the services or goods from the commercial establishment through the web page of the commercial establishment thus obviating a need for the customer to re-enter the customer information in furtherance of the purchase;

receiving, at the financial services provider server, the applicant data of the customer;

generating, by the financial services provider server, the pre-paid debit account;

wherein the customer is able to use the pre-paid debit account that has been requested by the customer and generated by the financial services provider server to purchase the services or goods from the commercial establishment.

2. The method of claim 1, wherein, the generating the pre-paid debit account includes generating an account number for identification of the pre-paid debit account.

3. The method of claim 1 further comprising, providing the account number identifying the pre-paid debit account:

wherein the account number is provided in transparent mode.

4. The method of claim 3 wherein transparent mode comprises providing a tag formatted in extensible markup language (XML), the tag including a value that specifies an outcome of a request for the creation of the pre-paid debit account.

5. The method of claim 2 further comprising transmitting the account number to the commercial establishment for the purchase of the goods or services.

6. The method of claim 1 wherein the financial services provider server selects a bank from multiple banks to use in creating the pre-paid debit account.

7. The method of claim 6 wherein the pre-paid debit account is associated with the bank identified by an issuing bank identification number.

8. The method of claim 1 wherein a social security number and a date of birth received in the application programming interface are used to validate identity of the customer.

9. A system for creating an account for a customer of a commercial establishment in real time, the system, comprising:

a first computing device associated with the commercial establishment, the first computing device configured to;

receive customer information, entered by the customer, via a web page of the commercial establishment, in furtherance of the purchasing services or goods from the commercial establishment;

receive a request, from the customer, to create a pre-paid debit account via the web page of the commercial establishment while making a purchase of the services or goods from the commercial establishment, the purchase being made via the web page of the commercial establishment;

transmit, to a financial services provide server, applicant data formatted according to an application programming interface (API),

wherein the applicant data describes the customer requesting creation of the prepaid debit account;

a second computing device associated with a financial services provider the second computing device configured to;

receives an application from the first computing device for a prepaid debit account including applicant data for creation of the pre-paid debit account;

wherein, the applicant data included within the application transmitted by the first computing device and received by the second computing device is limited only to customer information that was already entered by the customer in furtherance of the purchasing the services or goods from the commercial establishment through the web page of the commercial establishment thus obviating the need to re-enter the applicant data for the financial services provider server;

generates the pre-paid debit account;

wherein the customer is able to use the pre-paid debit account generated by the financial services provider server to purchase the services or goods from the commercial establishment.

10. The system of claim 9 wherein, the generating the pre-paid debit account includes generating an account number for identification of the pre-paid debit account;

wherein providing the account number is accomplished by a providing a web page including the account number.

11. The system of claim 9 wherein the account number is provided in transparent mode.

12. The system of claim 9 wherein the financial services provider selects a bank from multiple banks to use in creating the pre-paid debit account.

13. The system of claim 10 wherein the second computing device is further configured to transmits the account number to the first computing device associated with commercial establishment for a purchase of the goods or services.

14. A non-transitory computer readable storage medium including instructions that when executed cause a computing device to perform a method to create a pre-paid debit account for a customer, the method, comprising:

entering customer information, by a customer, in furtherance of purchasing services or goods from the commercial establishment through the web page of the commercial establishment;

the customer requesting the creation of the pre-paid debit account via a web page of a commercial establishment while making a purchase from the commercial establishment, the purchase also being made via the web page of the commercial establishment;

transmitting, to a financial services provider server, applicant data formatted according to an application programming interface (API);

wherein the applicant data describes the customer requesting creation of the pre-paid debit account;

wherein, the applicant data transmitted to the financial services provider server to be used for fulfilling the customer request is limited only to customer information that was already entered by the customer in furtherance of the purchasing the services or goods from the commercial establishment through the web page of the commercial establishment thus obviating a need for the customer to re-enter the customer information in furtherance of the purchase;

receiving, at the financial services provider server, the applicant data of the customer;

the financial services provider server using the applicant data to create the pre-paid debit account;

wherein, the customer is able to use the pre-paid debit account that has been requested by the customer and generated by the financial services provider server to purchase the services or goods from the commercial establishment.

15. The computer readable storage medium of claim 14, the method

further comprising,

generating an account number for the bank account;

providing, to the customer, the account number identifying the bank account.

16. The computer readable storage medium of claim 15 wherein the account number is provided in transparent mode.

17. The computer readable storage medium of claim 14 wherein the pre-paid debit account is associated with a bank selected from a plurality of different banks and the bank is identified by an issuing bank identification number.

18. The computer readable storage medium of claim 14, the method further comprising transmitting the account number to the commercial establishment for the purchase of the goods or services.

19. The computer readable storage medium of claim 18, the method further comprising scrambling the account number before transmitting the account number.

20. The computer readable storage medium of claim 15 wherein the providing the account number is accomplished by transmitting the account number to the customer as a part of a web page.