Payment enabling exchange client system
Assigneee-Business Exchange Pte. Ltd
InventorYoon Weng Tim
Life of this patent
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Abstract
The present invention provides methods and devices for facilitating bill payment. In particular, the present invention provides for electronically facilitated transactions of money between buyers and businesses over a communications network such as the Interne, while providing a convenient and secure way to conduct these types of person-to-person transactions.
Claims10
A method for payment processing between a bill presentation system and a payment server, comprising the steps of:
- a) providing:
- i) a bill payer having an account,
- ii) at least one bank, wherein each bank has a logo,
- iii) at least one billing entity,
- iv) a payment exchange client,
- v) a payment server, and
- vi) at least one bill;
- b) registering said at least one bank through said payment exchange client;
- c) uploading said logo of each bank through said payment exchange client;
- d) registering said biller with said bank;
- e) generating and exchanging an RSA key pair between said payment exchange client and said payment server, wherein said bill is paid.
A system comprising a bill payer having an account, at least one bank, at least one billing entity, a payment exchange client, and a payment server, wherein said payment exchange client facilitates payment of bills issued from said billing entity through said payment server and said bank.
A method for payment processing between a bill presentation system and a payment server, comprising the steps of:
- a) providing:
- i) a bill payer having an account,
- ii) at least one bank, wherein each bank has a logo,
- iii) at least one billing entity,
- iv) a payment exchange client,
- v) a payment server,
- vi) a bill presentation site,
- vii) at least one bill;
- b) registering said at least one bank through said payment exchange client;
- c) uploading said logo of each bank through said payment exchange client;
- d) registering said biller with said bank;
- e) generating and exchanging an RSA key pair between said payment exchange client and said payment server,
- f) logging on of said bill payer to said bill presentation site, under conditions such that said at least one bill is displayed on said bill presentation site,
- g) selecting said at least one bill for payment and selecting said at least one bank to initiate a payment request;
- and
- h) authorizing the payment of said at least one bill by said at least one bank.
Dependencies are inferred from the claim text.