Patent ID: 6408284
Filing Date: 2002-06-18
Classification: G06Q

Abstract:
A computer readable medium including at least computer readable code thereon for allowing a consumer to pay a bill, said computer readable medium comprising:computer readable code to forward a bill pay order to a first processor, said bill pay order including information identifying a biller, an amount owed, and a consumer-biller account number; computer readable code to determine whether said consumer has sufficient funds to cover said amount owed; computer readable code to compare said information identifying said biller to a local biller file to determine a biller financial institution identification number for a financial institution designated to receive funds for said biller; computer readable code to generate a payment message including said information identifying said biller, said amount owed, said consumer-biller account number, and said biller financial institution identification number; computer readable code to forward said payment message to a network if said computer readable code to determine whether said consumer has sufficient funds is satisfied; and computer readable code to route said payment message to said biller financial institution over said network using said biller financial institution identification number.