Electronic payment and authentication system with debit and identification data verification and electronic check capabilities
First Claim
Patent Images
1. An electronic payment system comprising:
- at least one electronic processor coupled to a memory device;
at least two of an electronic check module, an identity verification module, and a debit data validation module, each of the electronic check module, identity verification module and debit data validation module coupled to the at least one electronic processor,the electronic check module having a consumer terminal configured to accept transactional debit data, the transactional debit data including at least one of order data, consumer data, or check data; and
an authorization computer coupled to the consumer terminal via a network and configured to receive the transactional debit data and configured to generate a message indicative of an acceptance of an electronic check payment or a declination of the electronic check payment;
the identity verification module being configured to, via the at least one electronic processor;
receive a request to verify an identity of a consumer involved in a debit transaction,receive at least one consumer identification debit data element,generate an identity verification score, compare the identity verification score against a threshold value, andgenerate a response, based on the comparison, indicative of one of verification of the identity of the consumer or invalidation of the identity of the consumer; and
wherein the debit data validation module is configured to, via the at least one electronic processor, receive a request to validate debit data and receive transactional debit data that is to be validated;
a debit data search engine configured to, via the at least one electronic processor, receive the transactional debit data from the debit data validation module and process the transactional debit data.
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Abstract
An electronic payment and authentication system that includes features to verify the authenticity of a payer, validate debit data, and facilitate debit (as opposed to credit) payment transactions. The electronic payment system allows a consumer to purchase items and services via a network while utilizing a debit transaction. The invention provides merchants with the ability to verify the identity of the consumer, determine if the consumer is a good debit transaction risk, and retrieve debit data associated with a particular consumer.
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Citations
47 Claims
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1. An electronic payment system comprising:
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at least one electronic processor coupled to a memory device; at least two of an electronic check module, an identity verification module, and a debit data validation module, each of the electronic check module, identity verification module and debit data validation module coupled to the at least one electronic processor, the electronic check module having a consumer terminal configured to accept transactional debit data, the transactional debit data including at least one of order data, consumer data, or check data; and an authorization computer coupled to the consumer terminal via a network and configured to receive the transactional debit data and configured to generate a message indicative of an acceptance of an electronic check payment or a declination of the electronic check payment; the identity verification module being configured to, via the at least one electronic processor; receive a request to verify an identity of a consumer involved in a debit transaction, receive at least one consumer identification debit data element, generate an identity verification score, compare the identity verification score against a threshold value, and generate a response, based on the comparison, indicative of one of verification of the identity of the consumer or invalidation of the identity of the consumer; and wherein the debit data validation module is configured to, via the at least one electronic processor, receive a request to validate debit data and receive transactional debit data that is to be validated; a debit data search engine configured to, via the at least one electronic processor, receive the transactional debit data from the debit data validation module and process the transactional debit data.
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2. An electronic check payment system for a network, the system comprising:
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a consumer terminal configured to accept transactional debit data, including order data, consumer data, and check data; and an authorization computer, including at least one processor, coupled to the consumer terminal via the network and configured to receive the transactional debit data and generate a response, based on the transactional debit data, indicative of acceptance of an electronic check payment or declination of the electronic check payment. - View Dependent Claims (3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31)
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32. A method, implemented by at least one electronic processor, comprising:
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receiving, via a merchant computer, transactional debit data entered by a consumer on a merchant web site; receiving, via the at least one electronic processor, check data entered by a consumer which is representative of a paper check; receiving, via the at least one electronic processor, additional transactional debit data entered by a merchant; processing, via the at least one electronic processor, the transactional debit data and the additional transactional debit data; generating, via the at least one electronic processor, a response indicative of acceptance of an electronic check payment or declination of the electronic check payment.
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33. A system comprising:
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at least one electronic processor coupled to a memory device; and an identity verification module, coupled to the at least one electronic processor, receive a request to verify an identity of a consumer involved in a debit transaction, receive at least one consumer identification debit data element, generate an identity verification score, compare the identity verification score against a threshold value, and generate a response to the request indicative of verification of the identity of the consumer or contradiction of the identity of the consumer. - View Dependent Claims (34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46)
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47. A method, implemented by at least one electronic processor, comprising:
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receiving, at the at least one electronic processor, a request to verify the identity of a consumer involved in a debit transaction; receiving, at the at least one electronic processor, at least one consumer identification debit data element; generating, via the at least one electronic processor, an identity verification score; comparing, via the at least one electronic processor, the identity verification score against a threshold value; and generating, via the at least one electronic processor, a response indicative of verification of the identity of the consumer or contradiction of the identity of the consumer.
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Specification