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SYSTEM, METHOD, AND COMPUTER PROGRAM PRODUCT FOR PROCESSING PAYMENTS

  • US 20080052208A1
  • Filed: 08/28/2007
  • Published: 02/28/2008
  • Est. Priority Date: 08/28/2006
  • Status: Abandoned Application
First Claim
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1. A computer program product for processing payments from a payor to a biller, the computer program product comprising a computer-readable storage medium having computer-readable program code portions stored therein, the computer-readable program code portions comprising:

  • an executable portion configured for receiving payment data representing a payment from the payor to the biller and for verifying the accuracy of at least a portion of the payment data before allowing the biller to accept the payment;

    wherein the executable portion is configured to verify the accuracy of the at least a portion of the payment data by opening a batch file containing payment data, reading the contents of the batch file, and comparing the contents of the batch file to a database, a table, and/or an algorithm.

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