Methods and systems for processing payments globally over one of a plurality of processing paths

US8620805B2 · kind B2 · utility

Assignee

• CITICORP CREDIT SERVICES, INC. (USA) · US

Inventors

• Darren Davis · Walnut, US
• Tom Koch · Sioux Falls, US
• John D. Miller · Arvada, US
• Eric Philips · Washington, US
• Guy B. Sereff · Franklin, US
• Stacy Tobias · Sioux Falls, US
• Vasu Vemuri · Clear Spring, US
• Rochelle Wesselink · Tea, US
• Scott Tanguay · Helena, US
• Robert Strub · Iowa City, US
• Caleb Williams · Rouseville, US
• Shamus Weiland · Ponte Vedra, US

Key dates

• Filing date: Mar 27, 2012
• Grant date: Dec 31, 2013
• Expiry date: Apr 22, 2032

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q40/02
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Methods and systems of processing payments globally over one of a plurality of payment processing paths employ computer hardware and software for receiving a request to access a global payment utility, presenting a plurality of payment options by the global payment utility, and receiving information by the global payment utility consisting at least in part of a source of payment, a payment destination, and a user-designated payment vehicle. Upon receiving the information, one of a plurality of payment processing paths for the payment is selected according to a clearing rules aspect of a rules engine of the global payment utility, and the payment is routed for processing via the selected payment processing path.