Patent ID: 8086530
Filing Date: 2011-12-27
Classification: G06Q,G07F

Abstract:
1. A method for effecting electronic payment, comprising: associating an intermediary account number and an end-user account number, provided by the end-user, in a payment processor computer system; conducting a payment transaction between an end-user and a terminal located at a point-of-sale including communicating a payment and the intermediary account number from the end-user to the terminal; sending data indicative of the payment and the intermediary account number from the terminal to the payment processor computer system; determining the end-user account number associated with the intermediary account number; sending data indicative of the payment and the retrieved end-user account number to a service provider system; and instructing the service provider system to credit an end-user account identified by the retrieved end-user account number, wherein the service provider system maintains the end-user account.