US2007272739A1PendingUtilityA1

Payment system and methods

59
Individually held — no corporate assignee on recordPriority: Oct 11, 2005Filed: Apr 11, 2007Published: Nov 29, 2007
Est. expiryOct 11, 2025(expired)· nominal 20-yr term from priority
Inventors:Joseph R. RandazzaDanilo Portal
G06Q 20/023G06Q 20/4014G06Q 20/02G06Q 40/12G06Q 20/20G06Q 20/40
59
PatentIndex Score
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Cited by
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References
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Claims

Abstract

Disclosed are payment system and methods.

Claims

exact text as granted — not AI-modified
1 . A method for a system having a plurality of persons; a plurality of cards issued under authority of an entity; a retail site configured with a first signal, the first signal being common to the plurality of cards; the system further including a second signal on a first card in the plurality of cards; and a second system storing an association between the second signal and account information, the entity and an owner of the second system being non-affiliated, the method comprising: 
 the steps, performed at the retail site, of:    receiving the first and second signals from the first card;    responsive to the first signal, making a routing decision;    responsive to the routing decision, conditionally sending the second signal into a first hardware path, to cause the second system to perform the steps of 
 determining whether the first card can effect payment,  
 responsive to the determining step, conditionally sending a message to cause an institution to send an ACH entry to Federal Reserve ACH system, to pass the entry to a bank, where an account is issued a debit, to cause a transfer of funds to the owner of the retail site, and  
 making an entry in an accounting system, to effectively increment an amount owed by the owner of the retail site to the owner of the second system,  
 wherein the method further includes the step, performed at the retail site, of:  
   conditionally effecting a transaction with a holder of the first card, depending on a signal received from the second system.    
     
     
         2 . The method of  claim 1  wherein the signal received from the second system includes an indication whether the card is authorized to effect payment.  
     
     
         3 . The method of  claim 1  wherein the second system is in the United States of America.  
     
     
         4 . The method of  claim 1  wherein the account is a demand account.  
     
     
         5 . The method of  claim 1  wherein the system further includes a plurality of vehicles, the entity is a government, and each card evidences a license for a person to operate a vehicle.  
     
     
         6 . The method of  claim 5  wherein the entity is a first state government, and the second system is in the territory of a second state government.  
     
     
         7 . The method of  claim 1  wherein the information corresponding to the account includes an account number previously presented to a consumer.  
     
     
         8 . The method of  claim 1  wherein the information corresponding to the account includes an account number previously presented to a consumer user on a paper statement generated by the financial institution managing the account.  
     
     
         9 . The method of  claim 8  wherein the financial institution is a bank or credit union.  
     
     
         10 . The method of  claim 1  wherein receiving the second signal from the first card includes receiving the second signal via a point of sale terminal, and the method further includes 
 receiving a third signal from the holder of the first card; and    sending the third signal out of the point of sale terminal, without applying an encryption key to the third signal.    
     
     
         11 . The method of  claim 10  wherein the third signal includes a PIN typed by the holder of the first card.  
     
     
         12 . The method of  claim 1  further including  
       receiving a number from the holder of the first card, wherein sending the second signal includes sending the second signal to cause a debit to a selected one of multiple accounts associated with the holder, the account being selected by the number.  
     
     
         13 . The method of  claim 12  wherein the card is a driver license.  
     
     
         14 . The method of  claim 12  wherein the number is a personal identification number selected by the user, the number having less digits than the account number.  
     
     
         15 . The method of  claim 12  wherein the number is a personal identification number selected by the user, the number having a least 4 digits, and less digits the account number.  
     
     
         16 . A method for a system having a plurality of persons; a plurality of vehicles; a plurality of cards issued under authority of government, each card evidencing a license for a person to operate a vehicle; a retail site configured with a first signal, the first signal including a license card IIN number, the first signal being common to the plurality of cards; the system further including a second signal on a first card in the plurality of cards, the second signal including a personal ID number; and a server storing an association between the second signal and account information, the method comprising: 
 the steps, performed at the retail site, of: 
 receiving the first and second signals from the first card;  
 responsive to the first signal, making a routing decision;  
 responsive to the routing decision, conditionally sending the second signal into a first hardware path, to cause the server to perform the steps of 
 determining whether the first card can effect payment,  
 responsive to the determining step, conditionally sending a message to cause an institution to send an ACH entry to Federal Reserve ACH system, to pass the entry to a bank, where an account is issued a debit, to cause a transfer of funds to the owner of the retail site, and  
 making an entry in an accounting system, to effectively increment an amount owed by the owner of the retail site to the owner of the second system,  
 
   wherein the method further includes the step, performed at the retail site, of:    conditionally effecting a transaction with a holder of the first card, depending on a signal received from the server.    
     
     
         17 . The method of  claim 16  wherein the signal received from the server includes an indication whether the card is authorized to effect payment.  
     
     
         18 . The method of  claim 16  wherein the server is in the United States of America.  
     
     
         19 . The method of  claim 16  wherein the account is a demand account.  
     
     
         20 . The method of  claim 16  wherein the government is a first state government, and the server is in the territory of a second state government.  
     
     
         21 . The method of  claim 16  wherein the information corresponding to the account includes an account number previously presented to a consumer.  
     
     
         22 . The method of  claim 16  wherein the information corresponding to the account includes an account number previously presented to a consumer user on a paper statement generated by the financial institution managing the account.  
     
     
         23 . The method of  claim 22  wherein the financial institution is a bank or credit union.  
     
     
         24 . The method of  claim 16  wherein receiving the second signal from the first card includes receiving the second signal via a point of sale terminal, and the method further includes 
 receiving a third signal from the holder of the first card; and    sending the third signal out of the point of sale terminal, without applying an encryption key to the third signal.    
     
     
         25 . The method of  claim 24  wherein the third signal includes a PIN typed by the holder of the first card.  
     
     
         26 . The method of  claim 16  further including receiving a number from the holder of the first card, wherein sending the second signal includes sending the second signal to cause a debit to a selected one of multiple accounts associated with the holder, the account being selected by the number.  
     
     
         27 . The method of  claim 26  wherein the number is a personal identification number selected by the user, the number having less digits than the account number.  
     
     
         28 . The method of  claim 26  wherein the number is a personal identification number selected by the user, the number having a least 4 digits, and less digits the account number.  
     
     
         29 . A transaction system for operating with a system having a plurality of persons; a plurality of cards issued under authority of an entity; a retail site configured with a first signal, the first signal being common to the plurality of cards; the system further including a second signal on a first card in the plurality of cards; and a second system storing an association between the second signal and account information, the entity and an owner of the second system being non-affiliated, the transaction system comprising: 
 means for receiving the first and second signals from the first card;    means, responsive to the first signal, for making a routing decision;    means, responsive to the routing decision, for conditionally sending the second signal into a first hardware path, to cause the second system to perform the steps of 
 determining whether the first card can effect payment,  
 responsive to the determining step, conditionally sending a message to cause an institution to send an ACH entry to Federal Reserve ACH system, to pass the entry to a bank, where an account is issued a debit, to cause a transfer of funds to the owner of the retail site, and  
 making an entry in an accounting system, to effectively increment an amount owed by the owner of the retail site to the owner of the second system; and  
 means for conditionally effecting a transaction with a holder of the first card, depending on a signal received from the second system.

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