Universal merchant application, registration and boarding platform
AssigneeCardinalCommerce Corporation
InventorsMichael A. Keresman, III, Chandra Balasubramanian, Michael Roche, Scott Rauhe
Life of this patent
Estimating the term…
Abstract
A system for processing e-commerce transactions. The system includes one or more processors programmed to receive a selection of one or more alternative payment brands from a merchant. Each of said alternative payment brands including a different merchant application process. Further, the processors are programmed to receive merchant information from the merchant necessary to apply to the selected alternative payment brands and apply to each of the selected alternative payment brands using the merchant information in accordance with the merchant application process for the selected alternative payment brand.
Claims20
A system for processing e-commerce transactions, said system comprising:
- a computer with one or more processors and a memory, the computer configured to:
- receive a remote selection of one or more alternative payment brands from a merchant over a communications network, each of said alternative payment brands including a different merchant application process;
- receive merchant information from the merchant necessary to apply to the selected alternative payment brands over the communications network;
- and,
- automatically apply to each of the selected alternative payment brands over the communications network using the merchant information in accordance with the merchant application process for the selected alternative payment brand;
- wherein the computer is remote from the merchant and the selected alternative payment brands.
A method for processing e-commerce transactions, said method carried out by a computer with at least a processor and a memory, and said method comprising:
- receiving a remote selection of one or more alternative payment brands from a merchant over a communications network, each of said alternative payment brands including a different merchant application process;
- receiving merchant information from the merchant necessary to apply to the selected alternative payment brands over the communication network;
- automatically applying to each of the selected alternative payment brands over the communications network using the merchant information in accordance with the merchant application process for the selected alternative payment brand;
- registering the merchant with a universal merchant platform (UMP) over the communications network to create a UMP account, the UMP providing merchants with a unified payment protocol for conducting transactions with the alternative payment brands, each of the alternative payment brands having a different payment protocol for conducting transactions;
- receiving notice that underwriting criteria of the selected alternative payment brands have been met;
- and
- in response to the notice, registering the selected alternative payment brands with the UMP account.
A system for processing e-commerce transactions, said system comprising:
- a universal merchant platform (UMP) providing merchants with a single interface for processing transactions involving a plurality of different alternative payment brands;
- a computer with one or more processors and a memory programmed to:
- receive a selection of one or more alternative payment brands from a merchant, each of said alternative payment brands including a different merchant application process;
- receive merchant information from the merchant necessary to apply to the selected alternative payment brands;
- apply to each of the selected alternative payment brands using the merchant information in accordance with the merchant application process for the selected alternative payment brand;
- receive notice that underwriting criteria of the selected alternative payment brands have been accepted;
- and,
- register the selected alternative payment brands with the UMP for the merchant.
Dependencies are inferred from the claim text.