Technique for calculating payee specific time to payment completion
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United States of America Patent
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Apr 19, 2011
Grant Date -
N/A
app pub date -
Jun 30, 2003
filing date -
Jun 30, 2003
priority date (Note) -
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Abstract
A technique for determining a period of time to complete a payment to a payee is provided. The time that each of one or more payments to a payee is issued is stored. Post-issue event information associated with each of the one or more payments is received. The period of time to complete a future payment to that payee on behalf of a payor is then determined based upon the stored payment issue time information and the received post-issue event information.
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