Method for processing customer payments

Details Method for processing customer payments Method for processing customer payments

G - Physics

06

K

G06K 9/62 (2006.01) G06F 17/60 (1995.01)

Patent

CA 2154196

A creditor provides a customer with a preprinted label, and instructions to attach the preprinted label to the negotiable instrument that the customer uses to pay the creditor. The label includes the customer's creditor account number encoded in machine- readable form. When the creditor receives the negotiable instrument with the attached label, the account number is automatically read using a scanner that reads the encoded information on the label. Using a preprinted label to put a long account number on the negotiable instrument, and automatically reading the account number, decreases the number of errors that occur when processing customer payments.

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