US 2014/0279310 A1Published application

Electronic Payment System Operative with Existing Accounting Software and Existing Remote Deposit Capture and Mobile RDC Software

AssigneeKokopay, Inc.

InventorsGlen C. Fossella, Kevin F. Kennedy

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Abstract

Methods and systems for providing an electronic payment to a payee on behalf of a payer. A transaction management system (TMS) receives payments data from an accounting system. The payments data is processed to determine if a payee has opted-in to receive electronic payments. If so, an electronic payment instruction is generated. If the payee has opted-out or is not in a payee file, a print file is generated for printing a conventional paper check. The payee is notified of the payment and can access the system to view a list of payments and remittance information. The payee can indicate a status for a payment on the list, e.g. accept or dispute the electronic payment. In response to selecting a payment in the payments list, the payee is provided with a view of an electronic check representation generated from the electronic payment instruction. The payer can access the payment status in the system to determine if a payment has been accepted. If accepted, the electronic payment instruction is transmitted to a payment recipient system in the form of electronic check representation.

Claims60

Dependent claims

A computer-implemented method for providing a payment to a selected payee on behalf of a payer, the payer utilizing an accounting system that stores payments data corresponding to one or more payments to be made by the payer for electronic delivery to one or more payees, comprising the steps of:

maintaining in a network-accessible transaction management system (TMS) computer, a data file of payees associated with the payer, the data file of payees comprising payee identifying information and electronic payment opt-in status indicating assent by payees of receipt of electronic payments;
receiving, at the TMS computer, payments data from a payer's accounting system including information corresponding to at least one pending payment to be made by the payer to at least one identified payee;
processing, at the TMS computer, the payments data to extract payee identification information and payment detail information;
accessing, at the TMS computer, the data file of payees, to determine if extracted payee identification information for a pending payment corresponds to an existing payee in the data file and if so, to determine the opt-in status of the existing payee;
in response to a determination that extracted payee identification information for the pending payment corresponds to an existing payee in the data file that possesses an opt-in status, generating, at the TMS computer, an electronic payment instruction;
in response to accessing of the TMS computer by the payee for the pending payment, displaying data corresponding to the electronic payment instruction to the payee;
receiving, at the TMS computer, a payment status command input by the payee in response to viewing the displayed electronic payment instruction, the payment status command comprising the selection by the payee of a predetermined payment status chosen by the payee for the pending payment;
and
in response to selection by the payee of a payment status corresponding to approval of receipt of the payment, at the TMS computer system, transmitting the electronic payment instruction to a payment recipient system for processing by the payment recipient system on behalf of the payee.

6 more elements

A system for providing an electronic payment to a selected payee on behalf of a payer, the payer utilizing an accounting system that stores payments data corresponding to one or more payments to be made by the payer for electronic delivery to one or more payees, comprising:

a network-accessible transaction management system (TMS) computer including a processor;
a memory storing computer program code and a data file of payees associated with the payer, the data file of payees comprising payee identifying information and electronic payment opt-in status indicating assent by payees of receipt of electronic payments;
a data port for receiving payments data from the payer's accounting system;
a network data port for electronic communications with payers, payees, and a payment recipient system;
the processor operative for executing computer program code stored in the memory for:
(a) receiving payments data from a payer's accounting system including information corresponding to at least one pending payment to be made by the payer to at least one identified payee;
(b) processing the payments data to extract payee identification information and payment detail information;
(c) accessing the data file of payees to determine if extracted payee identification information for a pending payment corresponds to an existing payee in the data file and if so, to determine the opt-in status of the existing payee;
(d) in response to a determination that extracted payee identification information for the pending payment corresponds to an existing payee in the data file that possesses an opt-in status, generating an electronic payment instruction;
(e) in response to accessing of the TMS computer by the payee for the pending payment, displaying data corresponding to the electronic payment instruction to the payee;
(f) receiving a payment status command input by the payee in response to viewing the displayed electronic payment instruction, the payment status command comprising the selection by the payee of a predetermined payment status chosen by the payee for the pending payment;
and
in response to selection by the payee of a payment status corresponding to approval of receipt of the payment, transmitting the electronic payment instruction to a payment recipient system for processing by the payment recipient system on behalf of the payee.

10 more elements

Dependencies are inferred from the claim text.

Facts

Application: 14/211,110Filed 14 Mar 2014
Priority: 14 Mar 2013
Published: 18 Sep 2014
Term ends: Not estimatedThe source records don’t support an estimate.

Classification5 codes

G06Q 40/12
Finance; Insurance; Tax strategies; Processing of corporate or income taxes: accounting
G06Q 20/042
Payment circuits: characterized in that the payment protocol involves at least one cheque
G06Q 20/102
Specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems: bill distribution or payments
G06Q 30/04
Commerce: billing or invoicing