Patent ID: 8967464
Filing Date: 2015-03-03
Classification: G06Q,G07F,H04M

Abstract:
1. A computer implemented method for crediting a customer account maintained by a vendor of prepaid services in response to payment received from a customer, the method comprising: receiving via a data network a transaction request with embedded transaction information, including a membership account number associated with a customer account, a payment amount corresponding to a requested amount of a prepaid service offered by the vendor, and a virtual payment amount; maintaining, within a database server, a database associating transaction information with identifying information pertaining to the customer account; maintaining, within the database, an association between virtual payment amounts and prepaid services offered by a plurality of vendors, the embedded transaction information including a first of the virtual payment amounts; determining, by a transaction processor configured for such determination, from the embedded transaction information, the vendor of the requested prepaid product; wherein, subsequent to a determination that the embedded transaction information defines a valid transaction, facilitating the electronic crediting of the customer account with an amount corresponding to the requested amount of prepaid service.