US5946669A
Expired / Lapsed
US
⏱️ 0.0 years remaining
Method and apparatus for payment processing using debit-based electronic funds transfer and disbursement processing using addendum-based electronic data interchange
Assignee: Conduent Business Services LLC
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Filing: 1997-09-30
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Granted: 1999-08-31
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Expires: 2017-09-30
Abstract
Abstract This disclosure describes a payment and disbursement system, wherein an initiator authorizes a payment and disbursement to a collector and the collector processes the payment and disbursement through an accumulator agency. The accumulator agency processes the payment as a debit-based transaction and processes the disbursement as an addendum-based transaction. The processing of a debit-based transaction generally occurs by electronic funds transfer (EFT) or by financial electronic data interchange (FEDI). The processing of an addendum-based transaction generally occurs by electronic data interchange (EDI).
Inventors
- 👤 John Polk
Bibliographic Details
Application Number
—
Jurisdiction
US
Data Source
google_patents
Last Synchronized
2026-10-28 16:12
CPC Classifications
G; G06; G06Q; G06Q20/00; G06Q20/02; G06Q20/04; G06Q20/08; G06Q20/10; G06Q20/102; G06Q20/22; G06Q20/26; G06Q30/00; G06Q30/04; G06Q40/00; G06Q40/03; G06Q99/00
Claims Analysis
Total Claims: 52
Claim 1
Independent Claim
109 words
A method of accumulating a payment and processing a disbursement comprising the steps, performed by a processor, of: instituting the payment with disbursement information from an employee to a recipient through an employer; transferring to an accumulator agency the payment and the disbursement information from the employer; initiating by the accumulator agency the payment through a bank as a debit transaction; transmitting by the accumulator agency the disbursement to a state as a first addendum transaction; receiving at the accumulator agency disbursement transaction information from the state regarding the disbursement to the recipient as a second addendum transaction; and executing by the accumulator agency the disbursement to the recipient.
Claim 2
Independent Claim
109 words
A method of accumulating a payment and processing a disbursement comprising the steps, performed by a processor, of: instituting the payment with disbursement information from an employee to a recipient through an employer; transferring to an accumulator agency the payment and the disbursement information from the employer; initiating by the accumulator agency the payment through a bank as a debit transaction; transmitting by the accumulator agency the disbursement to a state as a first addendum transaction; receiving at the accumulator agency disbursement transaction information from the state regarding the disbursement to the recipient as a second addendum transaction; and executing by the accumulator agency the disbursement to the recipient.
Claim 3
Dependent Claim
19 words
The method of claim 1, further comprising the step of: issuing an invoice for the disbursement to the recipient.
Claim 4
Dependent Claim
13 words
The method of claim 1, wherein the payment is a child support payment.
Claim 5
Dependent Claim
12 words
The method of claim 1, wherein the payment is an alimony payment.
Claim 6
Dependent Claim
14 words
The method of claim 1, wherein the payment is a payment on a judgment.
Claim 7
Dependent Claim
14 words
The method of claim 1, wherein the payment is a payment on an attachment.
Claim 8
Dependent Claim
12 words
The method of claim 1, wherein the employee is a noncustodial parent.
Claim 9
Dependent Claim
12 words
The method of claim 1, wherein the recipient is a custodial parent.
Claim 10
Dependent Claim
27 words
The method of claim 1, wherein the executing step further includes the substep of paying the recipient via one of paper check, direct deposit, and debit deposit.
Claim 11
Independent Claim
134 words
A system for accumulating a payment and processing a disbursement comprising: an instituting component configured to institute the payment with disbursement information from an employee to a recipient through an employer; a first transferring component configured to transfer to an accumulator agency the payment and the disbursement information from the employer; an initiating component configured to initiate by the accumulator agency the payment through a bank as a debit transaction; a second transmitting component configured to transmit by the accumulator agency the disbursement to a state as a first addendum transaction; a receiving component configured to receive at the accumulator agency disbursement transaction information from the state regarding the disbursement to the recipient as a second addendum transaction; and an executing component configured to execute by the accumulator agency the disbursement to the recipient.
Claim 12
Independent Claim
134 words
A system for accumulating a payment and processing a disbursement comprising: an instituting component configured to institute the payment with disbursement information from an employee to a recipient through an employer; a first transferring component configured to transfer to an accumulator agency the payment and the disbursement information from the employer; an initiating component configured to initiate by the accumulator agency the payment through a bank as a debit transaction; a second transmitting component configured to transmit by the accumulator agency the disbursement to a state as a first addendum transaction; a receiving component configured to receive at the accumulator agency disbursement transaction information from the state regarding the disbursement to the recipient as a second addendum transaction; and an executing component configured to execute by the accumulator agency the disbursement to the recipient.
Claim 13
Dependent Claim
21 words
The system of claim 10, further comprising: an issuing component configured to issue an invoice for the disbursement to the recipient.
Claim 14
Dependent Claim
13 words
The system of claim 10, wherein the payment is a child support payment.
Claim 15
Dependent Claim
12 words
The system of claim 10, wherein the payment is an alimony payment.
Claim 16
Dependent Claim
14 words
The system of claim 10, wherein the payment is a payment on a judgment.
Claim 17
Dependent Claim
14 words
The system of claim 10, wherein the payment is a payment on an attachment.
Claim 18
Dependent Claim
12 words
The system of claim 10, wherein the employee is a noncustodial parent.
Claim 19
Dependent Claim
12 words
The system of claim 10, wherein the recipient is a custodial parent.
Claim 20
Dependent Claim
29 words
The system of claim 10, wherein the executing component further includes a paying component configured to pay the recipient via one of paper check, direct deposit, and debit deposit.
Claim 21
Independent Claim
66 words
A method of processing a payment comprising the steps, performed by a processor, of: withholding by an employer a portion of an employee's salary for the payment; sending from the employer the payment to an accumulator agency; initiating by the accumulator agency the payment through a bank as a debit transaction; and executing the payment from the bank through an ACH as a second debit transaction.
Claim 22
Independent Claim
66 words
A method of processing a payment comprising the steps, performed by a processor, of: withholding by an employer a portion of an employee's salary for the payment; sending from the employer the payment to an accumulator agency; initiating by the accumulator agency the payment through a bank as a debit transaction; and executing the payment from the bank through an ACH as a second debit transaction.
Claim 23
Dependent Claim
25 words
The method of claim 19, further comprising the step of: processing the payment from the ACH to an employer's bank as a third debit transaction.
Claim 24
Dependent Claim
29 words
The method of claim 19, further comprising the step of: dispatching a credit reflecting the payment from the ACH to an intermediary's bank for the benefit of an intermediary.
Claim 25
Dependent Claim
15 words
The method of claim 21, wherein the sending step occurs by an addendum-based FEDI transaction.
Claim 26
Dependent Claim
20 words
The method of claim 22, wherein the FEDI transaction comprises a cash concentration or disbursement plus addenda (CCD+) payment format.
Claim 27
Dependent Claim
17 words
The method of claim 22, wherein the FEDI transaction comprises a corporate trade exchange (CTX) payment format.
Claim 28
Dependent Claim
15 words
The method of claim 21, wherein the initiating step occurs by a debit-base EFT transaction.
Claim 29
Dependent Claim
15 words
The method of claim 21, wherein the initiating step occurs by an addendum-based FEDI transaction.
Claim 30
Dependent Claim
13 words
The method of claim 21, wherein the payment is a child support payment.
Claim 31
Dependent Claim
12 words
The method of claim 21, wherein the payment is an alimony payment.
Claim 32
Dependent Claim
14 words
The method of claim 21, wherein the payment is a payment on a judgment.
Claim 33
Dependent Claim
14 words
The method of claim 21, wherein the payment is a payment on an attachment.
Claim 34
Dependent Claim
12 words
The method of claim 21, wherein the employee is a noncustodial parent.
Claim 35
Dependent Claim
12 words
The method of claim 21, wherein the recipient is a custodial parent.
Claim 36
Dependent Claim
11 words
The method of claim 21, wherein the intermediary is a state.
Claim 37
Independent Claim
79 words
A system for processing a payment comprising: a withholding component configured to withhold by an employer a portion of an employee's salary for the payment; a sending component configured to send from the employer the payment to an accumulator agency; an initiating component configured to initiate by the accumulator agency the payment through a bank as a debit transaction; and an executing component configured to execute the payment from the bank through an ACH as a second debit transaction.
Claim 38
Independent Claim
79 words
A system for processing a payment comprising: a withholding component configured to withhold by an employer a portion of an employee's salary for the payment; a sending component configured to send from the employer the payment to an accumulator agency; an initiating component configured to initiate by the accumulator agency the payment through a bank as a debit transaction; and an executing component configured to execute the payment from the bank through an ACH as a second debit transaction.
Claim 39
Dependent Claim
27 words
The system of claim 34, further comprising: a processing component configured to process the payment from the ACH to an employer's bank as a third debit transaction.
Claim 40
Dependent Claim
31 words
The system of claim 34, further comprising: a dispatching component configured to dispatch a credit reflecting the payment from the ACH to an intermediary's bank for the benefit of an intermediary.
Claim 41
Dependent Claim
15 words
The system of claim 36, wherein the sending component occurs by an addendum-based FEDI transaction.
Claim 42
Dependent Claim
20 words
The system of claim 37, wherein the FEDI transaction comprises a cash concentration or disbursement plus addenda (CCD+) payment format.
Claim 43
Dependent Claim
17 words
The system of claim 37, wherein the FEDI transaction comprises a corporate trade exchange (CTX) payment format.
Claim 44
Dependent Claim
15 words
The system of claim 36, wherein the initiating component occurs by a debit-based EFT transaction.
Claim 45
Dependent Claim
15 words
The system of claim 36, wherein the initiating component occurs by an addendum-based FEDI transaction.
Claim 46
Dependent Claim
13 words
The system of claim 36, wherein the payment is a child support payment.
Claim 47
Dependent Claim
12 words
The system of claim 36, wherein the payment is an alimony payment.
Claim 48
Dependent Claim
14 words
The system of claim 36, wherein the payment is a payment on a judgment.
Claim 49
Dependent Claim
14 words
The system of claim 36, wherein the payment is a payment on an attachment.
Claim 50
Dependent Claim
12 words
The system of claim 36, wherein the employee is a noncustodial parent.
Claim 51
Dependent Claim
12 words
The system of claim 36, wherein the recipient is a custodial parent.
Claim 52
Dependent Claim
11 words
The system of claim 36, wherein the intermediary is a state.
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USPTO Annuity & Maintenance Windows
| Annuity Stage | Window Opens | Payment Deadline | Surcharge Period Until | Estimated Fee | Status |
|---|---|---|---|---|---|
| 3.5 Years (Year 4) | 2002-08-30 | 2003-03-01 | 2003-08-31 | $2000.00 | Window Closed / Lapsed |
| 7.5 Years (Year 8) | 2006-08-30 | 2007-03-01 | 2007-08-31 | $3760.00 | Window Closed / Lapsed |
| 11.5 Years (Year 12) | 2010-08-30 | 2011-03-01 | 2011-08-31 | $7700.00 | Window Closed / Lapsed |