Patent ID: 6129272
Filing Date: 2000-10-10
Classification: G06Q,G07F

Abstract:
A computer-based electronic check processing system for a transaction executing party that receives and processes electronic checks transmitted from payees of the electronic checks, the system comprising:receiving means for receiving an electronic check having a check identifier and an issue time, the check identifier including a payer identifier for uniquely identifying a payer and a payment identifier for uniquely identifying a payment;memory means for recording a check main text including a check identifier of each electronic check accepted during a prescribed period of time prior to a current time and a payee identifier associated with the check; andacceptance judgement means for refusing an acceptance of a received electronic check when the issue time of the received electronic check is older than the prescribed period of time prior to the current time or if the check identifier of the received electronic check is identical to the check identifier of any already accepted electronic check recorded in the memory means, for judging the received electronic check as a double issue check by a payer with respect to different payees when the check identifier of the received electronic check is identical to the check identifier of an already accepted electronic check recorded in the memory means and the check main text of the received electronic check is not identical to the check main text of the already accepted electronic check recorded in the memory means, and for accepting a received electronic check when the acceptance is not refused.