By-item bill payments

US10311413B2 · kind B2 · utility

Assignee

• MASTERCARD INTERNATIONAL INCORPORATED · US

Inventors

• Antonia Stroeh · Stamford, US
• John Doherty, Jr. · Freetown, US
• Alexis Suberville · Brooklyn, US
• Holliday Haynes · Freeport, US
• Stephen Parento · White Plains, US

Key dates

• Filing date: Jul 1, 2015
• Grant date: Jun 4, 2019
• Expiry date: Nov 24, 2037

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q30/04
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A plurality of billers are enrolled in a by-item bill payment program. An invoice is obtained from a given one of said billers, including multiple charges corresponding to at least one of goods and services purchased from the given one of said billers by a first payor. The invoice is modified, based at least in part on said enrolling step, to generate at least one modified invoice including multiple charges corresponding to at least one of goods and services purchased from the given one of said billers by said first payor, the multiple charges being handled under different payment terms. The at least one modified invoice is sent to said first payor; payment from said first payor is obtained; and the obtained payment is allocated. A specific exemplary software architecture for implementing the method is also disclosed.