WO2005124636A3 - Recurring transaction processing system and approach - Google Patents

Recurring transaction processing system and approach Download PDF

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Publication number
WO2005124636A3
WO2005124636A3 PCT/US2005/020623 US2005020623W WO2005124636A3 WO 2005124636 A3 WO2005124636 A3 WO 2005124636A3 US 2005020623 W US2005020623 W US 2005020623W WO 2005124636 A3 WO2005124636 A3 WO 2005124636A3
Authority
WO
WIPO (PCT)
Prior art keywords
transaction
recurring
transaction processing
approach
processing system
Prior art date
Application number
PCT/US2005/020623
Other languages
French (fr)
Other versions
WO2005124636A2 (en
Inventor
Dean W Hahn-Carlson
Kevin M Armstrong
Original Assignee
Us Bancorp Licensing Inc
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Priority claimed from US10/864,761 external-priority patent/US7925551B2/en
Application filed by Us Bancorp Licensing Inc filed Critical Us Bancorp Licensing Inc
Publication of WO2005124636A2 publication Critical patent/WO2005124636A2/en
Publication of WO2005124636A3 publication Critical patent/WO2005124636A3/en

Links

Classifications

    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
    • G06Q40/02—Banking, e.g. interest calculation or account maintenance

Abstract

Transaction-based interactions are facilitated using recurring transaction processing approaches. According to an example embodiment of the present invention, recurring transactions are managed using rules (113) applicable to parties to the transactions. In this regard, transaction information is processed in accordance with rules (113) characterizing the recurring nature of the transaction to which the information applies. Such transaction recurrence may be implemented, for example, using a cyclic, event-driven or other recurring type of condition (115). Payment related aspects of the transaction are also carried out based on the transaction processing and related recurring characteristics (116).
PCT/US2005/020623 2004-06-09 2005-06-09 Recurring transaction processing system and approach WO2005124636A2 (en)

Applications Claiming Priority (6)

Application Number Priority Date Filing Date Title
US57868904P 2004-06-09 2004-06-09
US57842904P 2004-06-09 2004-06-09
US10/864,761 2004-06-09
US60/578,689 2004-06-09
US10/864,761 US7925551B2 (en) 2004-06-09 2004-06-09 Automated transaction processing system and approach
US60/578,429 2004-06-09

Publications (2)

Publication Number Publication Date
WO2005124636A2 WO2005124636A2 (en) 2005-12-29
WO2005124636A3 true WO2005124636A3 (en) 2006-03-16

Family

ID=35510406

Family Applications (1)

Application Number Title Priority Date Filing Date
PCT/US2005/020623 WO2005124636A2 (en) 2004-06-09 2005-06-09 Recurring transaction processing system and approach

Country Status (1)

Country Link
WO (1) WO2005124636A2 (en)

Citations (7)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US5920847A (en) * 1993-11-01 1999-07-06 Visa International Service Association Electronic bill pay system
US20010032183A1 (en) * 1994-06-03 2001-10-18 Midwest Payment Systems, Inc. System and method for paying bills and other obligations including selective payor and payee controls
US20020087344A1 (en) * 2000-10-24 2002-07-04 Billings Sarah T. System and method for collecting information to facilitate enrollment in an electronic funds transfer program
US20030233292A1 (en) * 2002-06-13 2003-12-18 Visa U.S.A., Inc. Method and system for facilitating electronic dispute resolution
US20030233321A1 (en) * 2001-11-30 2003-12-18 Scolini Anthony J. Integrated invoice solution
US20040191711A1 (en) * 2003-03-28 2004-09-30 Watson Eric Kent Systems and methods for controlling gas flow
US20050234820A1 (en) * 2004-04-16 2005-10-20 Mackouse Jack System and method for bill pay with credit card funding

Patent Citations (7)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US5920847A (en) * 1993-11-01 1999-07-06 Visa International Service Association Electronic bill pay system
US20010032183A1 (en) * 1994-06-03 2001-10-18 Midwest Payment Systems, Inc. System and method for paying bills and other obligations including selective payor and payee controls
US20020087344A1 (en) * 2000-10-24 2002-07-04 Billings Sarah T. System and method for collecting information to facilitate enrollment in an electronic funds transfer program
US20030233321A1 (en) * 2001-11-30 2003-12-18 Scolini Anthony J. Integrated invoice solution
US20030233292A1 (en) * 2002-06-13 2003-12-18 Visa U.S.A., Inc. Method and system for facilitating electronic dispute resolution
US20040191711A1 (en) * 2003-03-28 2004-09-30 Watson Eric Kent Systems and methods for controlling gas flow
US20050234820A1 (en) * 2004-04-16 2005-10-20 Mackouse Jack System and method for bill pay with credit card funding

Also Published As

Publication number Publication date
WO2005124636A2 (en) 2005-12-29

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