Clearing house for processing of payments using coded payment methods

Patent metadata

Field	Value
Publication number	US-8930241-B2
Application number	US-201213691458-A
Country	US
Kind code	B2
Filing date	Nov 30, 2012
Priority date	Nov 30, 2012
Publication date	Jan 6, 2015
Grant date	Jan 6, 2015

Abstract

Embodiments of the invention include systems, methods, and computer-program products for a clearing house for directing readable indicia to/from merchants, users, and/or vendors. As such, merchants, users, and vendors may all be able to recognize, read, and complete transactions using any readable indicia, irrespective of the vendor providing the readable indicia. In some embodiments, the invention may provide merchants or users with readable indicia from one or more readable indicia vendors. In other embodiments, the invention may recognize readable indicia communicated to the system based on the vendor associated with the indicia. As such, the invention provides a clearing house for the directing, such as receiving, translating, and communicating readable indicia between parties of a transaction, such that each party may be able to recognize the readable indicia and complete the transaction.

First claim

What is claimed is:

1. A clearing house system for processing readable indicia for payment codes, the system comprising:
a memory device with computer-readable program code stored thereon;
a communication device;
a processing device operatively coupled to the memory device and the communication device, wherein the processing device is configured to execute the computer-readable program code to:
receive at a clearing house information associated with one or more vendors, wher…

Assignees

• Bank Of America

Inventors

• Grigg David M

Classifications

• G06Q20/204 Primary

  Physics · mapped topic

• G06Q20/3274

  Physics · mapped topic

• G06Q20/023

  Physics · mapped topic