74 results about "Direct Payments" patented technology

Transferring funds from a payment originator (or payor) to a payment beneficiary (or payee) pushes the funds directly to a beneficiary's bank. The beneficiary's bank is not required to actively pull funds into the beneficiary's account. An originator can use a publicly known beneficiary indicator to direct payment to the beneficiary. The publicly known beneficiary indicator can be publicly used without exposing a beneficiary account to unauthorized debits or fraud since it can only be used to make credits to the beneficiary account, e.g. a deposit-only account. A pre-settlement conversation is used between the two banks to verify and evaluate information about an upcoming transfer of funds to determine whether to accept the funds transfer. The messages in the pre-settlement conversation contain information about the transaction.

A networked gaming system and method permitting a person using a player computer to view a game being played live at a casino, and to wager on the outcome of the game. The player computer is in communication with a wager server, which in turn is receiving at least a video and preferably also an audio signal of the casino game from the casino. Wagering may be accomplished by a variety of payment methods, including direct payment from a player computer to the wagering server or through the use of a credit-type card, in which instance a financial institution server will also be part of the system and method. Preferably, an additional system component is provided, consisting of a casino-wagering server interface, which will be in communication with the casino and wagering server, will monitor the game being played and the wager, and which will determine the outcome of the wager and communicate that information to the wagering server for communication to the player computer.

An electronic bill payment network includes a plurality of user network stations associated with different users, a plurality of biller network stations associated with different billers, and a central network station. A first user station operates, in real time, to transmit information relevant to an amount of an available bill and an instruction to pay the available bill. A first biller station operates, in real time, to receive the transmitted information and to compute the amount of the available bill based upon the received information. The central network station operates to receive the computed amount of the available bill and the transmitted pay instruction, and to direct payment of the computed amount of the available bill based upon the transmitted instruction to pay that bill.

System, method, and computer program product are provided for a user to send and receive P2P payments using a mobile device. Through the use of the mobile device, a user may access his/her accounts at a financial institution and direct payments to a third-party using an alias. The user may ensure a secure payment to a third-party through the network associated with a financial institution. Payments may be directed to individuals the user may input into the system by providing the individual's alias. An alias may be a unique identifier of an individual and tied to a financial account of that individual. The sender of the P2P payments may input the recipient's alias and transfer funds via the P2P payment system without having to input the recipient's account information. This invention allows a user to receive and provide payments for transactions utilizing the convenience of a mobile device.

Methods, systems, and articles of manufacture consistent with the present invention use a data processing system for evaluating line item data. The method involves displaying at least one line item from a central database; receiving a selection of at least one line item from a claim handler; and receiving authorization from the claim handler to execute payment of the selected line item. The authorization is for either a direct payment, vendor transfer, line item payment, or preauthorized payment.

According to the invention, a method for transferring funds from a payor to one or more payees using a wide area network when the transfer information is incomplete at some point is disclosed. In one step, initial transfer information for a transfer of funds from the payor to the payee is received. In another step, supplemental transfer information for the transfer of funds from the payor to the payee is received. The transfer of funds from the payor to the payee is completed using both the initial transfer information for the transfer of funds from the payor to the payee and the supplemental transfer information for the transfer of funds from the payor to the payee.

Embodiments of the present invention disclose a financial institution system maintained by a financial institution and for tokenization of user accounts for using a direct payment authorization channel, whereby a third party payment authorization network is avoided. Embodiments establish a direct channel of communication between the system and a merchant or a merchant network in communication with the merchant; wherein the direct channel of communication comprises a network communication channel without a third party payment authorization system; receive a token issued by the financial institution and associated with a user account associated with a customer of the financial institution; receive transaction data comprising an amount associated with a transaction between the customer of the financial institution and the merchant; and determine whether to authorize the transaction based on the received token and the received transaction data.

The present invention provides a method, system, and article of manufacture for providing payment services on a network. Information identifying a network user is received. The network user is assigned a payer status. A request to make a payment to a payee on behalf of the network user is received. If a first payer status is assigned to the network user, the payment will be made no matter the identity of the payee. If a second payer status is assigned to the network user, the payment will only be made if the payee is one of a group of payees that is not determined by the network user. With the second payer status, the network user can only direct payments to the group of payees. The payer status can be changed from one payer status to another payer status.

System, method, and computer program product are provided for a user to send and receive P2P payments using the Internet. Through the use of a network, a user may access accounts the user has at a financial institution and direct payments to other individuals or entities using the other individuals or entities alias. In this way, the user may ensure a secure payment to a third-party through the network associated with a financial institution. The payments may be directed to individuals the user may input into the system by providing the user's alias. A user's alias may be a unique identifier of the user and tied to a financial account of that user. In this way, the sender of the P2P payments may input the recipient's alias and transfer funds via the P2P payment system without having to input the recipient's account information.

A method and system of facilitating and expediting a Transaction between a Merchant and a Patron of the Merchant is provided. In one embodiment of the invention, a Patron who has previously registered their loyalty account to receive Incentive Rewards for completing the Transaction and to allow the transfer of funds, utilizing an ACH Transaction, from their account to the Merchant's account, can use a single Personal Loyalty Device to expedite, pay for and complete the Transaction and receive Incentive Rewards. According to the invention, after receiving the loyalty account number and, optionally Authentication Information, the Merchant transmits that information and, optionally, Transaction information, to a Rewards Transaction Server who verifies the Transaction, determines Incentive Rewards, generates an Accept Code and sends it to the Merchant, whereupon the Transaction is completed. The Rewards Transaction Server also causes one or more ACH transactions to occur to transfer the funds.

Establishing online social communications for enterprises whilst beneficial to them in terms of revenue, customer retention etc. require skills and time, both of which the enterprises personnel do not possess. The inventors have established an inventive turn-key software application that allows an enterprise to create invitation only private groups on mobile device platforms and monetize aspects of this online private group through direct payments to the club owner. An individual, a group, a society, a business or enterprise irrespective of whether they are active on other social networks can exploit the inventive turn-key software application augmenting their business with clear visibility of the return on investment. As such the inventive turn-key software application provides an effective “one-stop shop” for those looking to establish and build their brand on mobile technology.

The invention discloses an intelligent self-service restaurant management system. According to the intelligent self-service restaurant management system, the currently-fashionable graphic code scanning technology such as two-dimension codes is used, graphic codes which can provide dining table position numbers and electronic menus for follow-up service terminals are arranged on dining tables, consumers can obtain the electronic menus by scanning the graphic codes on the dining tables through mobile terminals such as mobile phones, can complete menu browsing and order placing, and can select payment modes such as the mobile phone payment mode, the direct payment mode and an after-meal payment mode, and after the payment modes are selected, the bar counter service terminal and the kitchen service terminal can be reminded of order information through a server to carry out corresponding processing. In this way, the number of employed waiters is greatly decreased, intelligence of the whole processes of menu obtaining, food selecting, order payment, order placing and kitchen order processing is achieved, the operating cost of a catering enterprise is reduced, the dependency on the larger number of employed waiters is reduced, and unpleasant events caused by service levels and service attitudes of the waiters and generated between the waiters and the consumers are reduced.

The invention belongs to the field of automobile networking service, and particularly relates to an electric automobile payment sorting system based on micro-services. The system comprises an accountcenter micro-service, a service center micro-service, an order center micro-service, a payment center micro-service and a sorting center micro-service; the account center micro-service mainly comprises a user management module, a merchant management module and an account management module, the service center micro-service comprises a charging service module, a maintenance module, a rescue servicemodule, an online shopping service module and the like, the order center micro-service provides service for generating orders and order management, the payment center micro-service provides two modesof direct payment to the commercial tenants and the platform collecting for different commercial tenants to choose, and the sorting center micro-service is changed according to different sorting requirements, and meanwhile, performs the adaptive model matching on the sorting rule and division proportion. According to the invention, the payment and sorting strategies can be customized for the commercial tenants to match the marketing strategies of various commercial tenants conveniently, and the system has wide applicability.

Disclosed are an electronic settlement system, an electronic settlement method, and a cash payment method using a LCD barcode displayed on a mobile terminal, thereby simply performing member identification using the LCD barcode including member information, electronic settlement services (such as credit card settlement, direct payment card settlement, advance payment card settlement, small amount settlement, and Giro system settlement) at various shops via a procedure verifying whether a user is an actual owner of the barcode, cash payment services via member information barcode and member identification procedures, advance payment card services by depositing a designated amount of money at a database of the bank and allowing the user to systematically use the advance card within the deposited money, and wireless banking services for transmitting and receiving various banking related data via wireless network between the bank and the members.