Bill pay system and method

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 5616902
SERIAL NO

08304271

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ATTORNEY / AGENT: (SPONSORED)

Importance

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Abstract

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A system of remotely distributed machines is provided for paying bills issued by each of several different remote issuers, such as telephone, electricity, gas, and electric utilities. Each machine preferably has its own computer, a bar-code scanner, and means for accepting payments, preferably in cash. A bill is inserted by the user into the bar-code scanner, which reads the identity of the issuer, the amount owed, and the due date for payment, etc. The user deposits payment into the machine, preferably in cash, and the computer in each machine gives credit for payments made, computes the amount of any late penalties, and computes the balance due. The credits are stored in the machine and the information is conveyed to the proper one of the different issuers. The funds are collected regularly from the machines and credited to the accounts of the different issuers in accordance with the issuer identification data and credits stored in the machine.

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Patent Owner(s)

Patent OwnerAddress
E-POINT TECHNOLOGIES INC502 E JOHN ST CARSON CITY NV 89706

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Burr, Robert L San Diego, CA 3 521
Cooley, Robert B San Diego, CA 6 154

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