Technique for calculating payee specific time to payment...

Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance

Reexamination Certificate

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C705S035000, C705S039000, C705S042000, C705S014270, C705S070000

Reexamination Certificate

active

07930248

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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Disclosure under 37 C.F.R. 1.56.
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Notice of Allowance mailed Jun. 29, 2009 for U.S. Appl. No. 10/608,415, filed Jun. 30, 2003.

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