Deposit for entity associated non-account holders

• US 8,706,629 B2
• Filed: 05/24/2010
• Issued: 04/22/2014
• Est. Priority Date: 05/24/2010
• Status: Active Grant

• Current Assignee: Bank of America Corp.
• Original Assignee: Bank of America Corp.
• Inventors: McGraw, William H., Vannatter, Timothy B., Schwartz, Joshua Bradley
• Primary Examiner(s): RANKINS, WILLIAM E
• Application Number:
  US12/786,390
• Publication Number:
  US 20110288995A1
• Time in Patent Office: 1,429 Days
• Field of Search: 705/35
• US Class Current: 705/43
• CPC Class Codes: G06Q 20/102 Bill distribution or payments
• CPC Class Codes: G06Q 20/1085 involving automatic teller machines [ATMs]
• CPC Class Codes: G06Q 20/18 involving self-service terminals [SST], vending machines, kiosks or multimedia terminals
• 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 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03
• CPC Class Codes: G07F 19/20 Automatic teller machines [ATMs]
• CPC Class Codes: G07F 19/202 Depositing operations within ATMs depositing in general G07D11/00

Abstract

Systems and methods for permitting a credit card payment are described. An individual associated with a credit card account of an entity may be identified. A request to permit the individual associated with the credit card account of the entity to deposit a credit card payment in a self-service financial transaction device associated with the entity may be received. An identifier of the individual associated with the credit card account may be read. A request from the individual to deposit monetary funds as the credit card payment into the self-service financial transaction device may be received, and a determination may be made as to whether the individual is authorized to make the deposit. Monetary funds from the individual for deposit as the credit card payment may be received. One or more restrictions may be placed on the ability to deposit monetary funds as the credit card payment.

Claims

1. A method comprising:

receiving, at a computer, a first request to permit an individual associated with a credit card account of an entity to deposit a credit card payment applied against the credit card account in a self-service financial transaction device associated with the entity;

reading, by the self-service financial transaction device, an identifier of the individual associated with the credit card account;

receiving, at the self-service financial transaction device, a second request from the individual to deposit monetary funds as the credit card payment into the self-service financial transaction device;

determining, by the self-service financial transaction device, if at least one restriction defined by the individual associated with the credit card account prevents authorization to deposit monetary funds as the credit card payment; and

receiving, at the self-service financial transaction device, monetary funds from the individual for deposit as the credit card payment,

wherein the reading, by the self-service financial transaction device, the identifier of the individual associated with the credit card account includes reading a form of identification of the individual from a mobile terminal of the individual.

2. The method of claim 1, wherein the computer is the self-service financial transaction device.

3. The method of claim 1, further comprising identifying the individual associated with the credit card account.

4. The method of claim 1, wherein the self-service financial transaction device is an automated teller machine (ATM).

5. The method of claim 1, wherein the receiving, at the self-service financial transaction device, monetary funds includes receiving an authorization input from the individual to make a deposit of an amount of monetary funds as the credit card payment.

6. The method of claim 5, further comprising outputting to a display associated with the self-service financial transaction device a request for the authorization input from the individual to make the deposit of the amount of monetary funds as the credit card payment.

7. The method of claim 1, wherein the monetary funds includes at least one of:

cash, at least one check, and a different credit card from a credit card associated with the credit card account.

8. The method of claim 1, further comprising determining, by the self-service financial transaction device, whether the individual is authorized to deposit monetary funds as the credit card payment, the receiving, at the self-service financial transaction device, monetary funds from the individual responsive to determining that the individual is authorized to deposit monetary funds as the credit card payment.

9. The method of claim 1, wherein the at least one restriction defined by the individual associated with the credit card account includes a period of time during which deposit of monetary funds as a credit card payment is authorized.

10. The method of claim 1, wherein the at least one restriction defined by the individual associated with the credit card account includes a threshold amount of monetary funds permitted to be deposited as a credit card payment.

11. The method of claim 1, wherein the at least one restriction defined by the individual associated with the credit card account includes a minimum amount of monetary funds permitted to be deposited as a credit card payment, the minimum amount of monetary funds correlating to a minimum payment required by the entity for the credit card payment.

12. The method of claim 1, wherein the identifier of the individual associated with the credit card account is a credit card associated with the credit card account.

13. The method of claim 1, wherein the reading, by the self-service financial transaction device, the identifier of the individual associated with the credit card account includes reading an RFID associated with the individual.

14. The method of claim 1, further comprising receiving, at the self-service financial transaction device, an electronic access code from the mobile terminal, the electronic access code authorizing the deposit of monetary funds as the credit card payment.

15. The method of claim 1, wherein the monetary funds include a different credit card from a credit card associated with the credit card account.

16. An apparatus comprising:

at least one scanner configured to capture, from an individual associated with a credit card account of an entity, data representative of an identifier of the individual;

at least one deposit unit configured to receive monetary funds from the individual for deposit as a credit card payment against the credit card account;

at least one processor; and

at least one memory having stored therein computer executable instructions, that when executed by the at least one processor, cause the apparatus to perform a method of;

receiving a first request to permit the individual associated with the credit card account of the entity to deposit the credit card payment applied against the credit card account;

reading, by the at least one scanner, the identifier of the individual associated with the credit card account;

receiving a second request from the individual to deposit monetary funds as the credit card payment;

determining if at least one restriction defined by the individual associated with the credit card account prevents authorization to deposit monetary funds as the credit card payment; and

receiving, by the at least one deposit unit, monetary funds from the individual for deposit as the credit card payment,

wherein the reading, by the at least one scanner, the identifier of the individual associated with the credit card account includes reading a form of identification of the individual from a mobile terminal of the individual.

17. The apparatus of claim 16, further comprising at least one display, including a touch screen capability for receiving inputs from the individual, configured to output a request for an authorization input from the individual to make the deposit of the amount of monetary funds as the credit card payment and to receive the authorization input from the individual to make the deposit of the amount of monetary funds as the credit card payment.

18. The apparatus of claim 16, the computer executable instructions, that when executed by the at least one processor, further cause the apparatus to perform determining whether the individual is authorized to deposit monetary funds as the credit card payment, the receiving, at the at least one deposit unit, monetary funds from the individual responsive to determining that the individual is authorized to deposit monetary funds as the credit card payment.

19. The apparatus of claim 16, wherein the identifier of the individual associated with the credit card account is a credit card associated with the credit card account.

20. The apparatus of claim 16, wherein the reading, by the at least one scanner, the identifier of the individual associated with the credit card account includes reading an RFID associated with the individual.

21. One or more computer-readable media storing computer-readable instructions that, when executed by at least one computer, cause the at least one computer to perform a method of:

receiving a first request to permit an individual associated with a credit card account of an entity to deposit a credit card payment applied against the credit card account in a self-service financial transaction device associated with the entity;

reading an identifier of the individual associated with the credit card account;

receiving a second request from the individual to deposit monetary funds as the credit card payment; and

determining if at least one restriction prevents authorization to deposit monetary funds as the credit card payment, receiving monetary funds from the individual for deposit as the credit card payment,

wherein the individual associated with the credit card account of the entity is not an owner of the account,

and

wherein the reading the identifier of the individual associated with the credit card account includes reading a form of identification of the individual from a mobile terminal of the individual.

22. The one or more computer-readable media of claim 21, the computer-readable instructions that, when executed by at least one computer, further cause the at least one computer to perform identifying the individual associated with the credit card account.

23. The one or more computer-readable media of claim 21, wherein the receiving, at the self-service financial transaction device, monetary funds includes receiving an authorization input from the individual to make a deposit of an amount of monetary funds as the credit card payment.

24. The one or more computer-readable media of claim 21, the computer-readable instructions that, when executed by at least one computer, further cause the at least one computer to perform outputting a request for the authorization input from the individual to make the deposit of the amount of monetary funds as the credit card payment.

25. The one or more computer-readable media of claim 21, the computer-readable instructions that, when executed by at least one computer, further cause the at least one computer to perform determining whether the individual is authorized to deposit monetary funds as the credit card payment, the receiving monetary funds from the individual responsive to determining that the individual is authorized to deposit monetary funds as the credit card payment.

26. The one or more computer-readable media of claim 21, the reading the identifier of the individual associated with the credit card account including reading an RFID associated with the individual.

27. The one or more computer-readable media of claim 21, wherein the at least one restriction is defined by an owner of the credit card account.