System and method for billpay using credit-based products
US11748725B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | May 30, 2019 |
| Grant date | Sep 5, 2023 |
| Priority date | — |
| Expiry date | May 30, 2039 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q20/342
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
Systems and methods for online billpay using credit products are disclosed. In one embodiment, in an information processing apparatus comprising at least one computer processor, a method for online billpay using a credit product may include: (1) receiving, from a customer, an identification of a merchant for online credit-based bill pay; (2) retrieving accepted payment mechanisms from the merchant; (3) selecting a payment mechanism from the accepted payment mechanisms; (4) receiving an invoice for a customer transaction with the merchant from the merchant; (5) conducting a payment transaction with the selected payment mechanism; and (6) charging the payment transaction to a credit account associated with the customer.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.