Apparatus and method for electronically creating and storing...

G - Physics – 06 – Q

Patent

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G06Q 40/00 (2006.01) G06Q 20/00 (2006.01)

Patent

CA 2358216

Apparatus and method for electronically creating and storing an electronic deferred payment obligation in an electronic post dated financial instrument. The instrument, which is an electronic record, containing data which identifies a maker, a payee, a dollar amount following the name of the payee, a due date, a bank, an address for the bank, and an electronic collection process.

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