WO2004021117A3 - A method and apparatus for migrating financial transactions from paper to digital media - Google Patents

A method and apparatus for migrating financial transactions from paper to digital media Download PDF

Info

Publication number
WO2004021117A3
WO2004021117A3 PCT/US2003/026690 US0326690W WO2004021117A3 WO 2004021117 A3 WO2004021117 A3 WO 2004021117A3 US 0326690 W US0326690 W US 0326690W WO 2004021117 A3 WO2004021117 A3 WO 2004021117A3
Authority
WO
WIPO (PCT)
Prior art keywords
paper
financial transactions
payer
migrating
digital media
Prior art date
Application number
PCT/US2003/026690
Other languages
French (fr)
Other versions
WO2004021117A2 (en
Inventor
Craig M Watson
Original Assignee
Payment Engineering Llc
Craig M Watson
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by Payment Engineering Llc, Craig M Watson filed Critical Payment Engineering Llc
Priority to AU2003265685A priority Critical patent/AU2003265685A1/en
Publication of WO2004021117A2 publication Critical patent/WO2004021117A2/en
Publication of WO2004021117A3 publication Critical patent/WO2004021117A3/en

Links

Classifications

    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
    • G06Q40/02—Banking, e.g. interest calculation or account maintenance
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/04—Payment circuits
    • G06Q20/042—Payment circuits characterized in that the payment protocol involves at least one cheque

Abstract

A system and method for taking financial transactions performed using paper bills, checks and statements (101a), and transferring them to electronic media. The system provides for automatic loading of biller detail information into digital payment systems, and the receipt and interpretation (102) of scanned form data (101). Data is packaged in formats that enable communication and linkage to existing payment platforms linked to Web and Voice Response systems. Recognizing that the payer will continue for many cycles to receive paper bills and make paper based payments, the system generates a value added or enhanced bill that contains consolidated billing information that is returned to the payer in this enhanced format.
PCT/US2003/026690 2002-08-28 2003-08-26 A method and apparatus for migrating financial transactions from paper to digital media WO2004021117A2 (en)

Priority Applications (1)

Application Number Priority Date Filing Date Title
AU2003265685A AU2003265685A1 (en) 2002-08-28 2003-08-26 A method and apparatus for migrating financial transactions from paper to digital media

Applications Claiming Priority (2)

Application Number Priority Date Filing Date Title
US40663902P 2002-08-28 2002-08-28
US60/406,639 2002-08-28

Publications (2)

Publication Number Publication Date
WO2004021117A2 WO2004021117A2 (en) 2004-03-11
WO2004021117A3 true WO2004021117A3 (en) 2004-07-29

Family

ID=31978330

Family Applications (1)

Application Number Title Priority Date Filing Date
PCT/US2003/026690 WO2004021117A2 (en) 2002-08-28 2003-08-26 A method and apparatus for migrating financial transactions from paper to digital media

Country Status (2)

Country Link
AU (1) AU2003265685A1 (en)
WO (1) WO2004021117A2 (en)

Families Citing this family (1)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US10467697B2 (en) 2016-04-18 2019-11-05 Laurent Bensemana Method and system for building an enhanced investment portfolio

Citations (2)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US5326959A (en) * 1992-08-04 1994-07-05 Perazza Justin J Automated customer initiated entry remittance processing system
US6097834A (en) * 1997-06-13 2000-08-01 Paystation America Inc. Financial transaction processing systems and methods

Patent Citations (2)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US5326959A (en) * 1992-08-04 1994-07-05 Perazza Justin J Automated customer initiated entry remittance processing system
US6097834A (en) * 1997-06-13 2000-08-01 Paystation America Inc. Financial transaction processing systems and methods

Also Published As

Publication number Publication date
AU2003265685A8 (en) 2004-03-19
WO2004021117A2 (en) 2004-03-11
AU2003265685A1 (en) 2004-03-19

Similar Documents

Publication Publication Date Title
EP1192822B1 (en) Apparatus, and associated method, for loading a mobile terminal with an application program installed at a peer device
CA2332715A1 (en) Electronic purchasing method and funds transfer system
CA2054836A1 (en) Home financial transaction system
WO2001057617A3 (en) System and method for dispensing digital information from an automated transaction machine
EP1467330A3 (en) System and method for obtaining customer bill information and facilitating bill payment at biller websites
WO2001061436A3 (en) System and method for electronic deposit of third-party checks by non-commercial banking customers from remote locations
CA2470254A1 (en) System and method for electronic check conversion at a point-of-sale terminal
WO2004029888A3 (en) System and method for providing information and services to and from an automated teller machine
CN104217322A (en) Communication method and system for realizing third-party account payment and settlement based on commercial tenant terminal equipment
WO2001059732A3 (en) Apparatus, systems and methods for wirelessly transacting financial transfers, electronically recordable authorization transfers, and other information transfers
WO2002048835A3 (en) Bar coded bill payment system and method
WO2004082361A3 (en) Electronic bill presentation and payment system
WO1999044111A3 (en) Point of service third party financial management vehicle for the healthcare industry
WO2002099561A3 (en) Multiple denomination currency receiving and prepaid card dispensing method and apparatus
EP1001392A3 (en) Electronic payment system with inexpensive illegal acts detection scheme
WO2002075499A3 (en) Method and system for making small payments using a payment card
SE9602829D0 (en) Procedure and apparatus for payment processing and means of payment
US20140297441A1 (en) Systems and methods for barcode translation
US8577763B2 (en) Method of converting cash into virtual cash and loading it to mobile phone cash account
WO2004025430A3 (en) Electronic banking system
WO2006032063A2 (en) An accounting process
US7699218B2 (en) Method of converting virtual cash to cash and deducting from a mobile phone cash account
WO2001052211A1 (en) Real-time cash approval system and method for processing the same
WO2004021117A3 (en) A method and apparatus for migrating financial transactions from paper to digital media
WO2006016250A3 (en) Multifunction electronic device with resident software to capture financial and nonfinancial transactions, both at homes and stores, operating in connection with a telephone line

Legal Events

Date Code Title Description
AK Designated states

Kind code of ref document: A2

Designated state(s): AE AG AL AM AT AU AZ BA BB BG BR BY BZ CA CH CN CO CR CU CZ DE DK DM DZ EC EE ES FI GB GD GE GH GM HR HU ID IL IN IS JP KE KG KP KR KZ LC LK LR LS LT LU LV MA MD MG MK MN MW MX MZ NI NO NZ OM PG PH PL PT RO RU SC SD SE SG SK SL SY TJ TM TN TR TT TZ UA UG US UZ VC VN YU ZA ZM ZW

AL Designated countries for regional patents

Kind code of ref document: A2

Designated state(s): GH GM KE LS MW MZ SD SL SZ TZ UG ZM ZW AM AZ BY KG KZ MD RU TJ TM AT BE BG CH CY CZ DE DK EE ES FI FR GB GR HU IE IT LU MC NL PT RO SE SI SK TR BF BJ CF CG CI CM GA GN GQ GW ML MR NE SN TD TG

121 Ep: the epo has been informed by wipo that ep was designated in this application
122 Ep: pct application non-entry in european phase
32PN Ep: public notification in the ep bulletin as address of the adressee cannot be established

Free format text: COMMUNICATION PURSUANT TO RULE 69 EPC (EPO FORM 1205A OF 280605)

122 Ep: pct application non-entry in european phase
NENP Non-entry into the national phase

Ref country code: JP

WWW Wipo information: withdrawn in national office

Country of ref document: JP