Disbursement system and method
US5893080A · kind A · utility
Assignee
Inventors
Key dates
| Filing date | Jul 25, 1995 |
| Grant date | Apr 6, 1999 |
| Priority date | — |
| Expiry date | Jul 25, 2015 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/00
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A computerized payment disbursement system and method are provided. One embodiment of the method of the present invention includes storing in a computer database user-defined payment disbursement criteria associated with a plurality of types of disbursement transactions. At least one payment disbursement request corresponding to one of the plurality of types is received. At least one payment disbursement is generated based upon the criteria and the request by automatically determining which of the plurality of types corresponds to the request and automatically selecting from the storage means the disbursement criteria associated with that disbursement type.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.