Payment processing with selection of a risk reduction technique
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United States of America Patent
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Oct 5, 2010
Grant Date -
N/A
app pub date -
Aug 1, 2003
filing date -
Aug 1, 2003
priority date (Note) -
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status (Latency Note)
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Abstract
A technique for making a payment to a payee on behalf of a payor by a payment service provider is provided. The service provider identifies one or more risk reduction techniques available for use in fulfilling a received payment request. The risk reduction techniques are identified based upon the received payment request. An identified technique is selected and payment is made according to that selected risk reduction technique.
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