System and method for verifying, setting, printing and guaranteeing checks at a remote location

US7124113B1 · kind B1 · utility

Assignee

• Troy Group, Inc. · US

Inventors

• John F. Fairclough · Abbotsford, CA
• Tadeusz J. Dragowski · Port Moody, CA
• Oscar Inostroza · Port Moody, CA
• Karen R. Hyman · Fullerton, US
• Kamyar Saberi · West Vancouver, CA
• Murray Galarraga · Port Coquitlam, CA
• Richard Calkins · Palmyra, US
• Suavek Kownacki · Surrey, CA
• Esteban Gutierrez · Portland, US
• Robert Blake · Ferndale, US

Key dates

• Filing date: Nov 21, 2000
• Grant date: Oct 17, 2006
• Expiry date: Sep 24, 2021

Classification

• Technology area (CPC G): Physics
• CPC primary: G07F17/42
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

The present invention relates generally to a system and method for verifying, settling, guaranteeing and printing checks at a remote location, preferably an electronic retailer's facilities, via a network, preferably the Internet. The preferred method for verifying, settling, guaranteeing and printing checks over a network at a remote location comprises the following steps. A client computer is connected to a merchant server at a location remote from the client computer. An order is transmitted from the client computer to the merchant server. Payment by check is selected. The client computer is connected to a check server. Customer data is input to the client computer. The customer data is transmitted from the client computer to the check server. The customer data is transmitted from the check server to a check verification server. The check verification server transmits an approval, preferably comprising the customer data and a guarantee of payment to a merchant, to the client computer and the check server. The merchant server confirms the client computer's order by electronic mail message to both the client computer and the check server. The approval from the check verification s…