Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Patent
1995-01-13
1999-02-16
Weinhardt, Robert A.
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
G06F15100
Patent
active
058730729
ABSTRACT:
A computerized payment system by which a consumer may instruct a service provider by telephone, computer terminal, or other telecommunications means to pay various bills without the consumer having to write a check for each bill. The system operates without restriction as to where the consumer banks and what bills are to be paid. The service provider collects consumers' information, financial institutions' information and merchant information and arranges payment based on a financial risk analysis to the merchants according to the consumers' instructions.
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Christenson Tamara K.
Cook Kenneth
Johnson Mark A.
Kight Peter J.
Lach Regina
Checkfree Corporation
Weinhardt Robert A.
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