Patent ID: 8655778
Filing Date: 2014-02-18
Classification: G06Q

Abstract:
1. A method for managing payments, the method comprising: receiving a plurality of payments from a plurality of senders, each of the plurality of payments made by one of the plurality of senders to a receiver; generating, at a processor, a user interface on a display; receiving through the user interface a plurality of validation parameters from the receiver of the payments; receiving through the user interface an automatic action and a predetermined wait period from the receiver; determining, at the processor, how to process each of the plurality of payments based on the validation parameters, wherein processing each of the plurality of payments includes one of (1) automatically accepting a payment, (2) automatically rejecting a payment, and (3) conditionally accepting a payment and holding the payment for manual review; displaying in the user interface a plurality of conditionally accepted payments included in the plurality of payments made to the receiver and being held for manual review by the receiver of the plurality of payments, the plurality of conditionally accepted payments including at least a first payment and a second payment; receiving through the user interface an indication from the receiver of the plurality of payments to accept or reject the first payment; if the indication is to accept the first payment, receiving through the user interface an account selection for the first payment from the receiver of the plurality of payments and directing, at the processor, processing of the first payment based on the account selection; and automatically, at the processor processing the second payment based on the automatic action when the receiver fails to provide an indication of whether to accept to reject the second payment through the user interface within the predetermined wait period.