Patent ID: 8719163
Filing Date: 2014-05-06
Classification: G06Q,H04L

Abstract:
1. A method for routing payment transactions electronically, comprising: receiving, using a payments interface processor, payment transactions by a financial institution consisting at least in part of credit or debit card payment transactions and at least on part of automated clearing house payment transactions, each of said payment transactions having both a payment source account and a payment destination account with the financial institution; routing, using the payments interface processor, said credit or debit card payment transactions to an internal credit or debit card payment transaction processor of the financial institution and said automated clearing house payment transactions to an internal automated clearing house payment transaction processor of the financial institution; and processing, using the internal credit or debit card payment transaction processor, said credit or debit card payment transactions by the internal credit or debit card payment transaction processor of the financial institution and said automated clearing house payment transactions by the internal automated clearing house payment transaction processor of the financial institution.