System, method, and computer program product for receiving and processing payments
US7627524B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Dec 29, 2005 |
| Grant date | Dec 1, 2009 |
| Priority date | — |
| Expiry date | Feb 4, 2026 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/00
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A system, method, and computer program product is provided that is capable of receiving and processing payments from a payor. In one embodiment, the system includes a processing element capable of identifying a payor account, the payor account being associated with a payor and with one of a plurality of billers, and the payor account comprising payor account data. The processing element also is capable of accessing the payor account data. The processing element also is capable of receiving data representing a payment from the payor to satisfy a financial obligation evidenced by the payor account. The processing element is further capable of sending a notice to the one of a plurality of billers indicating that the payment has been received.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.