System for electronic transaction settlement
Number of patents in Portfolio can not be more than 2000
United States of America Patent
Stats
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May 10, 2011
Grant Date -
May 5, 2011
app pub date -
Jan 4, 2011
filing date -
May 8, 2001
priority date (Note) -
In Force
status (Latency Note)
Importance
Abstract
An electronic communication system associated with a settlement house for settling an electronic transaction between a customer and a merchant. The communication system is configured to receive through a first electronic communication path a first account identifier of a first account associated with the customer and a transaction amount from the merchant, contact the customer through a second electronic communication path to allow the customer to select a payment method, and send through a third electronic communication path the transaction amount and a second account identifier of a second account associated with the customer to a financial services provider associated with the payment method.
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