Automated transfer with stored value
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United States of America Patent
Stats
-
Aug 14, 2012
Grant Date -
Jul 10, 2003
app pub date -
Jan 2, 2003
filing date -
Oct 26, 2001
priority date (Note) -
In Force
status (Latency Note)
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Abstract
According to the invention, a method for automatically transferring an incoming payment to a handler is disclosed. In one step, the incoming payment associated with a payee is received. A first predetermined rule that applies to the incoming payment is determined. The first predetermined rule is applied to the incoming payment. It is determined if a second predetermined rule applies to the incoming payment. The second predetermined rule is applied to the incoming payment based upon the second-listed determining step.
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