Method and system for payment processing
First Claim
1. A method, comprising:
- maintaining by a processing system comprising one or more server computers, a data repository of registered users, the data repository, comprising information for a first network user having a first registration status that is set to an open status indicating that the processing agent system will, process payment requests on behalf of the first network user to both preferred payees included in a plurality of preferred payees and to at least one other payee not included in the plurality of preferred payees;
receiving, by the processing agent system, information identifying a second network user;
determining, by the processing agent system responsive to receiving the information identifying the second network user, a credit risk associated with making payments on behalf of the second network user;
setting, by the processing agent system based at least in part on the determined credit risk, a second registration status for the second network user to a closed status indicating that the processing agent system will only process payment requests on behalf of the second network user to the preferred payees included in the plurality of preferred payees;
transmitting, from the processing agent system for presentation to the first user, an open payment screen that allows payment to both the preferred payees and the at least one other payee; and
transmitting, from the processing agent system;
for presentation to the second user, when a closed payment screen that only allows payment to the preferred payees.
3 Assignments
0 Petitions
Accused Products
Abstract
The present invention provides a method, system, and article of manufacture for providing payment services on a network. Information identifying a network user is received. The network user is assigned a payer status. A request to make a payment to a payee on behalf of the network user is received. If a first payer status is assigned to the network user, the payment will be made no matter the identity of the payee. If a second payer status is assigned to the network user, the payment will only be made if the payee is one of a group of payees that is not determined by the network user. With the second payer status, the network user can only direct payments to the group of payees. The payer status can be changed from one payer status to another payer status.
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Citations
29 Claims
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1. A method, comprising:
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maintaining by a processing system comprising one or more server computers, a data repository of registered users, the data repository, comprising information for a first network user having a first registration status that is set to an open status indicating that the processing agent system will, process payment requests on behalf of the first network user to both preferred payees included in a plurality of preferred payees and to at least one other payee not included in the plurality of preferred payees; receiving, by the processing agent system, information identifying a second network user; determining, by the processing agent system responsive to receiving the information identifying the second network user, a credit risk associated with making payments on behalf of the second network user; setting, by the processing agent system based at least in part on the determined credit risk, a second registration status for the second network user to a closed status indicating that the processing agent system will only process payment requests on behalf of the second network user to the preferred payees included in the plurality of preferred payees; transmitting, from the processing agent system for presentation to the first user, an open payment screen that allows payment to both the preferred payees and the at least one other payee; and transmitting, from the processing agent system;
for presentation to the second user, when a closed payment screen that only allows payment to the preferred payees. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14)
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15. A system, comprising:
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at least one communications port configured to receive and transmit information via a network; at least one memory configured to store information associated with providing electronic payment services; and at least one processor in communication with the at least one communications port and the at least memory and programmed to
1) receive, from the at least one communications port, information identifying a network user,
2) determine, responsive to receiving the information identifying the network user, a credit risk associated with making payments by a processing agent on behalf of the network user,
3) set, based at least in part on the determined credit risk, a registration status for the network user to one of a closed status indicating that the processing agent will only process payment requests on behalf of the network user to preferred payees included in a plurality of preferred payees, or an open status indicating that the processing agent wilt process payment requests on behalf of the network user to both the preferred payees and to at least one other payee not included in the plurality of preferred payees,
4) direct, when the registration status is set to the closed status, the transmission of a closed payment screen that only allows payment to the preferred payees; and
5) direct, when the registration status is set to the open status, the transmission of an open payment screen that allows payment to both the preferred payees and the at least one other payee. - View Dependent Claims (16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28)
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29. A system, comprising:
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means for maintaining, by a processing agent system comprising one or more server computers, a data repository of registered users, the data repository comprising information for a first network user having a first registration status that is set to an open status indicating that the processing agent system will process payment requests on behalf of the first network user to both preferred payees included in a plurality of preferred payees and to at least one other payee not included in the plurality of preferred payees; means for receiving, by the processing agent system, information identifying a second network user; means for determining, by the processing agent system responsive to receiving the information identifying the second network user, a credit risk associated with making payments on behalf of the second network user; means for setting, by the processing agent system based at least in part on the determined credit risk, a second registration status for the second network user a closed status indicating that the processing agent system will only process payment requests on behalf of the second network user to the preferred payees included in the plurality of preferred payees; means for transmitting, from the processing agent system for presentation to the first user, an open payment screen that allows payment to both the preferred payees and the at least one other payee; and means for transmitting, from the processing agent system for presentation to the second user, a closed payment screen that only allows payment to the preferred payees.
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Specification