Title:
SYSTEM AND METHOD FOR ELECTRONIC PAYMENT PROCESSING
Document Type and Number:
WIPO Patent Application WO2008089263
Kind Code:
A9
Abstract:
A method for electronically processing payments made to a plurality of merchants in a plurality of payment modes includes: (a) receiving information on the payments into a server; (b) processing the information into an automated clearinghouse file; (c) validating the automated clearinghouse file; and (d) sending the automated clearinghouse file from the server to an automated clearinghouse. Fraud is reduced, and rules are simplified and standardized.
Inventors:
VIDES BENJAMIN (US)
DOWNEY BRIAN EDWARD (US)
DOWNEY BRIAN EDWARD (US)
Application Number:
PCT/US2008/051201
Publication Date:
December 24, 2008
Filing Date:
January 16, 2008
Export Citation:
Assignee:
AUTOSCRIBE CORP (US)
VIDES BENJAMIN (US)
DOWNEY BRIAN EDWARD (US)
VIDES BENJAMIN (US)
DOWNEY BRIAN EDWARD (US)
International Classes:
H04K1/00
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