Payment handling

US8401965B2 · kind B2 · utility

Assignee

• Bank of America Corporation · US

Inventors

• Shane Anthony Johnson · Charlotte, US
• John Scott Walbert · Mooresville, US
• William Thomas Sanders · Denver, US
• Victoria L. Dravneek · Charlotte, US
• John Daniel Shaver · Charlotte, US
• Margaret Morgan Weichert · Redwood City, US
• Bethann Johnston · Atlanta, US
• Karren D. Grant · Norcross, US
• Daniel Christopher Bohen · Charlotte, US

Key dates

• Filing date: Oct 31, 2007
• Grant date: Mar 19, 2013
• Expiry date: Dec 28, 2027

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q20/20
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Systems and methods are disclosed for handling a payment at a point of sale or a remote payment acceptance and processing location for a customer account. The systems and methods may include receiving a payment at a point of sale or a remote payment acceptance and processing location and identifying data including at least an amount of the payment that is associated with the payment. The data may be transmitted over a computer network and stored in a data store that is associated with a customer account. A balance of the customer account may be rapidly updated based on the data associated with the payment. The data may be transmitted over a computer network and may be utilized in a computer software application to provide a customer account with rapid recognition of a payment and of a total balance.