Patent · US Active

System and method for processing multiple methods of payment

US8407141B2 · kind B2 · utility

98Cited by
13References
28Claims
0Family size

Assignee

Inventors

Key dates

Filing dateOct 30, 2007
Grant dateMar 26, 2013
Priority date
Expiry dateNov 22, 2027

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q40/02
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

Financial transaction data comprising payment on any one of multiple financial transaction types are processed with an adapter layer that receives an incoming data message relating to a financial transaction initiated by a payer and operates on the incoming data message to produce adapted data relating to the financial transaction, and a processor that receives the adapted data and determines transaction routing to direct the adapted data to a processing network module that requests authorization by an issuer, responds to authorization by initiating request for settlement and payment on the financial transaction to a transaction payee, and responds to payee query requests by providing non-payment data to an external payee.

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