Simplified bill paying method
OwnerRichard Bastianseninventor
Life of this patent
Estimating the term…
Abstract
A simplified bill paying method transacted between a customer and a financial institution, comprising the customer determining payees to be included in the method; the financial institution providing to the customer a form with one listing per selected payee, including at least the payee name and a designated area to carry an amount to be paid to at least one such payee; adding into one or more of the areas the one or more amounts to be paid to the appropriate payees; and, in response to the filled-in amounts, at the direction of the financial institution, accomplishing the correct funds transfer to the appropriate payees.
Claims11
A simplified bill paying method transacted between a customer and a financial institution, comprising:
- the customer determining payees to be included in the method;
- the financial institution providing to the customer a form with one listing per selected payee, including at least the payee name and a designated area to carry an amount to be paid to at least one such payee;
- adding into one or more of the areas the one or more amounts to be paid to the appropriate payees;
- and
- in response to the filled-in amounts, at the direction of the financial institution, accomplishing the correct funds transfer to the appropriate payees.
A simplified bill paying method transacted between a customer and a financial institution, comprising:
- the customer determining payees to be included in the method;
- the financial institution providing to the customer a form with one listing per selected payee, including at least the payee name and a designated area to carry an amount to be paid to at least one such payee, and further comprising categorizing payees into budget categories, and indicating such on the form;
- adding into one or more of the areas the one or more amounts to be paid to the appropriate payees, wherein the adding step may be accomplished at least in part by the customer, and is accomplished at least in part by being printed on the form by the financial institution;
- in response to the filled-in amounts, at the direction of the financial institution, accomplishing the correct funds transfer to the appropriate payees;
- and
- after accomplishing the funds transfer, the financial institution providing another form, and indicating on such form the most recent amount paid to each listed payee, wherein the new form also includes the amount paid to each listed payee year-to-date.
Dependencies are inferred from the claim text.