Methods and systems for check processing
OwnerLawrence J. Friedmaninventor
Life of this patent
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Abstract
A check processing technique at a point-of-sale uses a check in which a payor signs the check and indicia is automatically printed on the check indicating that the physical check is no longer negotiable. A system may include a point-of-sale terminal or cash register which is connected to a check imager, a MICR (magnetic ink character recognition) reader, and a printer. In one embodiment a method for enabling check processing includes receiving and storing a transaction amount, checking account information from the check, and an electronic image of the check having the payor's signature and indicia automatically printed on the check indicating that the physical check is no longer negotiable. The transaction amount and the checking account information may be forwarded for settlement.
Claims47
A method for enabling electronic check processing of a transaction at a pointof-sale, the method comprising:
- receiving a transaction amount;
- receiving checking account information from a physical check;
- and receiving an electronic image of the physical check with printed first indicia that the physical check is no longer negotiable.
A method for enabling electronic check processing of a transaction at a point of-sale, the method comprising:
- receiving a transaction amount;
- receiving a physical check having only a payor's signature;
- receiving checking account information from the physical check;
- automatically printing on the physical check a payee, a date, and an amount of the transaction;
- automatically printing indicia on the physical check indicating that the physical check is no longer negotiable;
- receiving an electronic image of the physical check with the payor's signature, the payee, the date, the amount of the transaction, and the indicia that the physical check is no longer negotiable;
- and returning the physical check to the payor.
A method for electronic check processing, the method comprising:
- receiving a transaction amount;
- receiving checking account information from a physical check;
- receiving an electronic image of the physical check with printed first indicia that the physical check is no longer negotiable;
- and forwarding the transaction amount and the checking account information for settlement.
A method for electronic check processing, the method comprising:
- receiving a transaction amount;
- receiving a physical check having only a payor's signature;
- receiving checking account information from the physical check;
- automatically printing on the physical check a payee, a date, and an amount of the transaction;
- automatically printing indicia on the physical check indicating that the physical check is no longer negotiable;
- receiving an electronic image of the physical check with the payor's signature, the payee, the date, the amount of the transaction, and the indicia that the physical check is no longer negotiable;
- returning the physical check to the payor;
- and
- forwarding the transaction amount and the checking account information for settlement.
A method for warehousing information relating to check transactions, the method comprising:
- storing in at least one data storage unit a transaction amount, checking account information from a physical check, and an electronic image of the physical check with printed first indicia that the physical check is no longer negotiable.
A method for electronic check processing, the method comprising:
- forwarding an electronic image of a physical check with printed first indicia that the physical check is no longer negotiable for settlement.
A system for enabling electronic check processing at a point-of-sale, said system comprising:
- a processor for receiving a transaction amount, checking account information from a physical check, and an electronic image of the physical check having first indicia indicating that the physical check is no longer negotiable;
- and
- said processor being operable to at least one of a) transfer the transaction amount, the checking account information and the electronic image to a data storage unit, and b) forward the transaction amount and the checking account information for settlement.
A system for enabling electronic check processing at a point-of-sale, said system comprising:
- a cash register;
- a MICR reader;.
- a printer;
- a scanner;
- and
- a processor operable to receive a transaction amount from said cash register, receive checking account information from said MICR reader regarding a physical check, print first indicia on the physical check with the printer indicating that the physical check is no longer negotiable, and receive an electronic image from the scanner of the physical check having the printed indicia.
At least one program storage device readable by a machine, tangibly embodying at least one program of instructions executable by the machine to perform a method for enabling check processing at a point-of-sale, the method comprising:
- receiving a transaction amount;
- receiving checking account information from a physical check;
- automatically printing indicia on the physical check indicating that the physical check is no longer negotiable;
- and
- receiving an electronic image of the physical check having the printed
An article of manufacture comprising:
- at least one computer usable medium having computer readable program code means embodied therein for use in check processing, the computer readable program code means in said article of manufacture comprising:
- computer readable program code means for causing a computer to receive a transaction amount;
- computer readable program code means for causing a computer to receive checking account information from a physical check;
- computer readable program code means for causing a computer to automatically, print indicia on the physical check indicating that the physical check is no longer negotiable;
- computer readable program code means for causing a computer to receive an electronic image of the physical check with the indicia;
- and
- computer readable program code means for causing a computer to at least one of a) transfer the transaction amount, the checking account information and the electronic image to a data storage unit, and b) forward the transaction amount and the checking account information for settlement.
Dependencies are inferred from the claim text.