Remittance payment processing with account scheming and/or validation

US7996311B2 · kind B2 · utility

Assignee

• CHECKFREE CORPORATION · US

Inventors

• David Lee Garrison · Indianapolis, US
• Patricia A. Kight · Alpharetta, US
• Brad Perkins · Dublin, US
• Cheryl L. Ward · Hilliard, US
• Mary Elizabeth Lawson · Dublin, US
• Amy Lynn Kerin · Delaware, US

Key dates

• Filing date: Jan 28, 2009
• Grant date: Aug 9, 2011
• Expiry date: Nov 13, 2029

Classification

• Technology area (CPC Y): Emerging Cross-Sectional Technologies
• CPC primary: Y10S707/99931
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Systems and methods of remittance processing where a merchant database is provided that includes one or more alteration rules that are associated with a particular payee. A consumer account number associated with a payor is received and altered into a modified consumer account number, where the alteration is performed in accordance with one or more of the stored alteration rules. The modified consumer account number may then be transmitted to the particular payee to be utilized, for example, when processing a payment.