Payment processing with selective crediting
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United States of America Patent
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N/A
Issued Date -
Mar 11, 2004
app pub date -
Sep 5, 2002
filing date -
Sep 5, 2002
priority date (Note) -
Abandoned
status (Latency Note)
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Abstract
A technique for making a payment for a payor is provided. The technique includes receiving a request to make a payment to a payee for a payor. This request is processed to select a mode to electronically credit the payee. After the mode is selected an electronic credit is directed to the payee in the selected mode. A debit is also directed from a deposit account associated with the payor.
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