G - Physics – 06 – Q
Patent
G - Physics
06
Q
G06Q 20/00 (2006.01)
Patent
CA 2464185
An automated computer based payment system and method allows a variety of different payment requesting sources to be coupled to a variety of payment processors. An integrated payment engine receives payment requests from the payment requesting sources and generates therefrom payment instructions that are delivered to the payment processors. The integrated payment engine employs profile information defining payment requesting source and payment processor preferences and requirements to generate the payment instructions from the payment requests. Additional and/or different payment requesting sources and payment processors can be integrated into the system easily by modifying the profile information. The integrated payment engine also employs flexible risk and operational preferences to generate automatically a payment instruction which will implement the payment request so as to optimize a balance of factors associated with making a payment, such as risk and cost.
Amalraj Peter
Dryburgh Walter Scott III
Parimi Venkatarama Satya
Sharma Dushyant
Srinivasan Shankar
Finlayson & Singlehurst
Metavante Corporation
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