Patent · US Expired

System and method for secure presentment and payment over open networks

US6081790A · kind A · utility

394Cited by
12References
29Claims
0Family size

Assignee

Inventor

Key dates

Filing dateMar 20, 1998
Grant dateJun 27, 2000
Priority date
Expiry dateMar 20, 2018

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q40/12
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A system for secure presentment and payment having a first electronic processing device and a second electronic processing device. The first processing device creates a presentment ticket from stored invoice data, and securely transmits the presentment ticket and the invoice data to the second processing device. The second processing device determines which invoices are to be paid and creates a corresponding remittance advice which it securely transmits to said first processing device. The first processing device creates a commercial payment ticket corresponding to the remittance advice and securely transmits it to the second processing device. The second processing device then securely transmits electronic money to the first processing device in an amount corresponding to that specified in the remittance advice.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.