Systems and methods for real-time, distributed processing of group bill payments
Number of patents in Portfolio can not be more than 2000
United States of America
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Feb 25, 2025
Grant Date -
Jun 22, 2023
app pub date -
Nov 30, 2022
filing date -
Nov 30, 2022
priority date (Note) -
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status (Latency Note)
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Abstract
Systems and methods are provided for group bill payment comprising creating a secure group bill payment account associated with a plurality of group members. The group bill payment account may be configured to receive information via a network from the plurality of group members; permit a group member to manage the group bill payment account following an authentication process; and transmit a group payment to a provider. Systems and methods may further comprise receiving instructions from a group member to create a rule for requesting payment, the bill being from a provider and associated with group members; receiving the bill issued by the provider; determining a charge based on the bill and the rule; sending a payment request based on the charge; receiving a deposit into the group bill payment account; transmitting a group payment; and sending a notification.
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