PATENT DOCUMENT

Abstract:
A payment transaction system, including a transaction exchange for:
       (a) registering and certifying account keepers for maintaining accounts and authorising payment transactions on behalf of entities;   (b) storing account keeper identification (ID) data;   (c) receiving a payment transaction, said transaction including ID data for a registered account keeper and an account associated with a payer making a payment of the transaction, and ID data for a registered account keeper and an account associated with a receiver receiving the payment;   (d) determining validity of the transaction based on the ID data; and   (e) authorising the transaction with the account keeper associated with the payer.

Full Description:
RELATED APPLICATION(S) 
       [0001]    This application claims priority to and is a continuation-in-part of International Application No. PCT/AU2007/000322, which designated the United States and was filed on Mar. 16, 2007, published in English. 
         [0002]    The entire teachings of the above application(s) are incorporated herein by reference. 
     
    
     BACKGROUND OF THE INVENTION 
       [0003]    The current infrastructure and transaction systems associated with the processing of electronic payments have been established and built on the basis of the relationships and obligations between the various parties involved in the transactions. The parties include consumers, merchants, transaction service or scheme providers, such as credit card, debit card or charge card issuers, and transaction acquirers such as financial institutions (e.g. banks). With the exception of consumers (who may only have to manage one or more transaction accounts) the parties have developed a wide variety of sophisticated electronic systems and interfaces to process large volumes of transactions. Examples include the systems developed to support the payment schemes and transactions of American Express Company, Diners Club International Ltd, Visa International Service Association, and MasterCard Worldwide, and the Electronic Funds Transfer Point Of Sale (EFTPOS) system that operates in Australia, INTERAC in Canada and NETS in Singapore. 
         [0004]    A number of transaction systems support the roles of “issuer”, “acquirer” and “scheme provider”. An issuer is a party that issues another party with a transaction account, such as a credit, debit or charge card account. A scheme provider is a party that defines the transaction process associated with a transaction scheme for handling payment transactions. The scheme provider would typically determine the fees that pass between various parties in handling a payment transaction. An acquirer normally provides equipment to receive the payment transaction and attend to settlement of the transaction, including settlement of payment of various fees between the parties. Acquirers may also (depending on the scheme under which the transaction is processed) bear many of the risks associated with the transaction, including issuer settlement risk, merchant fraud, and failure by the merchant to deliver the goods or services purchased. An acquirer is considered to receive and accept transactions. Depending on the transaction scheme, an issuer, an acquirer and a scheme provider may be different respective parties or the roles performed in combination by one or more of the parties. For example, for a Visa scheme, a bank may act as an acquirer and issuer, whereas Visa International Service Association acts as a scheme provider, yet for an American Express scheme, American Express Company may perform all three roles in combination, depending on the transaction. 
         [0005]    A common feature of the existing transaction systems is that payers of payment transactions, typically consumers, and receivers of transactions, typically merchants, generally have little discretion or influence over the equipment to be used and how electronic transactions are going to be performed. A merchant also typically pays a merchant service fee for each transaction, which is normally either a percentage of the value or amount of the transaction or a fixed fee per transaction or both. An acquirer may also pay an interchange fee to an issuer, which is again either a percentage of the transaction amount or a fixed fee per transaction or both, and this is included as part of the merchant service fee. In some cases, it is the issuer who pays an interchange fee to an acquirer rather than the other way around. The interchange fee is defined by the scheme, and is incurred and paid as part of payment processing by the transaction systems, regardless of whether one or more parties act as the issuer and acquirer. The systems include interfaces for processing both the merchant service fee and the interchange fee, regardless of whether the issuer and acquirer are the same party. For some schemes, such as American Express, where the issuer and the acquirer are the same party, there is no explicit interchange fee separately identified and charged but the merchant service fee is set at a level that it covers both issuing and acquiring requirements. 
         [0006]    Accordingly, it is desired to provide at least a useful alternative, and in particular a system that provides merchants and consumers discretion or influence over the equipment to be used and how electronic transactions are performed, as well as the ability to determine the terms on which transactions are processed. This will obviate the need for many of the processes and interfaces associated with many current roles including acquirer, issuer, and scheme provider. 
       SUMMARY OF THE INVENTION 
       [0007]    The current infrastructure and transaction systems associated with the processing of electronic payments have been established and built on the basis of the relationships and obligations between the various parties involved in the transactions. The parties include consumers, merchants, transaction service or scheme providers, such as credit card, debit card or charge card issuers, and transaction acquirers such as financial institutions (e.g. banks). With the exception of consumers (who may only have to manage one or more transaction accounts) the parties have developed a wide variety of sophisticated electronic systems and interfaces to process large volumes of transactions. Examples include the systems developed to support the payment schemes and transactions of American Express Company, Diners Club International Ltd, Visa International Service Association, and MasterCard Worldwide, and the Electronic Funds Transfer Point Of Sale (EFTPOS) system that operates in Australia, INTERAC in Canada and NETS in Singapore. 
         [0008]    A number of transaction systems support the roles of “issuer”, “acquirer” and “scheme provider”. An issuer is a party that issues another party with a transaction account, such as a credit, debit or charge card account. A scheme provider is a party that defines the transaction process associated with a transaction scheme for handling payment transactions. The scheme provider would typically determine the fees that pass between various parties in handling a payment transaction. An acquirer normally provides equipment to receive the payment transaction and attend to settlement of the transaction, including settlement of payment of various fees between the parties. Acquirers may also (depending on the scheme under which the transaction is processed) bear many of the risks associated with the transaction, including issuer settlement risk, merchant fraud, and failure by the merchant to deliver the goods or services purchased. An acquirer is considered to receive and accept transactions. Depending on the transaction scheme, an issuer, an acquirer and a scheme provider may be different respective parties or the roles performed in combination by one or more of the parties. For example, for a Visa scheme, a bank may act as an acquirer and issuer, whereas Visa International Service Association acts as a scheme provider, yet for an American Express scheme, American Express Company may perform all three roles in combination, depending on the transaction. 
         [0009]    A common feature of the existing transaction systems is that payers of payment transactions, typically consumers, and receivers of transactions, typically merchants, generally have little discretion or influence over the equipment to be used and how electronic transactions are going to be performed. A merchant also typically pays a merchant service fee for each transaction, which is normally either a percentage of the value or amount of the transaction or a fixed fee per transaction or both. An acquirer may also pay an interchange fee to an issuer, which is again either a percentage of the transaction amount or a fixed fee per transaction or both, and this is included as part of the merchant service fee. In some cases, it is the issuer who pays an interchange fee to an acquirer rather than the other way around. The interchange fee is defined by the scheme, and is incurred and paid as part of payment processing by the transaction systems, regardless of whether one or more parties act as the issuer and acquirer. The systems include interfaces for processing both the merchant service fee and the interchange fee, regardless of whether the issuer and acquirer are the same party. For some schemes, such as American Express, where the issuer and the acquirer are the same party, there is no explicit interchange fee separately identified and charged but the merchant service fee is set at a level that it covers both issuing and acquiring requirements. 
         [0010]    Accordingly, it is desired to provide at least a useful alternative, and in particular a system that provides merchants and consumers discretion or influence over the equipment to be used and how electronic transactions are performed, as well as the ability to determine the terms on which transactions are processed. This will obviate the need for many of the processes and interfaces associated with many current roles including acquirer, issuer, and scheme provider. 
     
    
     
       BRIEF DESCRIPTION OF THE DRAWINGS 
         [0011]    The foregoing will be apparent from the following more particular description of example embodiments of the invention, as illustrated in the accompanying drawings in which like reference characters refer to the same parts throughout the different views. The drawings are not necessarily to scale, emphasis instead being placed upon illustrating embodiments of the present invention. 
           [0012]    Preferred embodiments of present invention are hereinafter described, by way of example only, with reference to the accompanying drawings, wherein: 
           [0013]      FIG. 1  is a diagram of a preferred embodiment of a payment transaction system; 
           [0014]      FIG. 2  is a diagram of an identity authenticator and guarantor registration process of the system; 
           [0015]      FIG. 3  is a diagram of a registration process for a payment enabler of the system; 
           [0016]      FIG. 4  is a diagram of a registration process for account keeper; 
           [0017]      FIG. 5  is a diagram of an account keeper service process for a payer; 
           [0018]      FIG. 6  is a diagram of an account keeper service process for a receiver; 
           [0019]      FIG. 7  is a diagram of a registration process for a payment enabler supplied to a payer or receiver; 
           [0020]      FIG. 8  is a diagram of a fund manager and a fund provider service process; 
           [0021]      FIG. 9  is a diagram of an enhancement service provider process; 
           [0022]      FIG. 10  is a diagram of a payment transaction process for a payment initiated by a receiver; 
           [0023]      FIG. 11  is a diagram of a payment transaction process initiated by a payer; 
           [0024]      FIG. 12  is a diagram of an enhancement service access process; 
           [0025]      FIG. 13  is a diagram of an enhancement service access process supported by a receiver. 
       
    
    
     DETAILED DESCRIPTION OF THE INVENTION 
       [0026]    A description of example embodiments of the invention follows. 
         [0027]    The teachings of all patents, published applications and references cited herein are incorporated by reference in their entirety. 
         [0028]    While this invention has been particularly shown and described with references to example embodiments thereof, it will be understood by those skilled in the art that various changes in form and details may be made therein without departing from the scope of the invention encompassed by the appended claims. 
         [0029]    A payment transaction system, as shown in  FIG. 1 , is based on a transaction exchange (TX)  100 , as shown in  FIG. 1 , that is able to communicate with one or more payment devices  102 ,  104 ,  106  to accept and process payment transactions. The payment devices  102 ,  104 ,  106  support communication interfaces to both initiate and complete payment transactions. The devices may support payers of transactions, receivers of transactions or both. The payments devices are computer devices, such as EFTPOS terminals  102  at a merchant&#39;s premises, wireless devices  104 , such as cellular phones and personal digital assistants (PDA), and personal computers  106 , able to communicate with the transaction exchange  100  using a communications network  140 . 
         [0030]    The transaction exchange  100 , in addition to communicating with a payment device  102 ,  104 ,  106 , is also able to communicate with the systems  108 ,  110 ,  120  of other parties over a communications network  142 , such as a server  151  of an account keeper, the server  152  of an enhancement service provider or the server  154  of a financial institution that may act as a fund manager/fund provider or the server (not shown) of any other entity of the system. An enhancement service provider would offer payers and/or receivers additional services for purchase in association with individual payment transactions. The communications networks  140 ,  142  may be the same or include similar elements, or alternatively one network  140  may use a more open architecture, such as one based on the Internet Protocol (IP) suite of protocols (for example the Internet, a WiFi network etc) and the other network  142  may be more closed or proprietary, such as a LAN or WAN architecture (this may include an Electronic Funds Transfer network based on ISO 8583 or on the Australian Standards AS 2805). The transaction exchange  100 , and the systems  108 ,  110  and  120 , may be provided using one or more computer servers  150 ,  151 ,  152 ,  154 , such as those produced by IBM Corporation or Apple Inc., running an operating system such as Windows Server or Mac OS X. The servers  150 ,  151 ,  152 ,  154  also include communication components and interfaces, such as a web server (e.g. Apache), to support the use of communication protocols in order to communicate with servers and devices  102  to  106  over the communications networks  140 ,  142 . The transaction exchange  100  includes one server  150  or a number of servers that can be co-located or distributed over the communication networks  140 ,  142 . A number of transaction exchanges  100  may also be employed in the payment system. 
         [0031]    A transaction exchange  100  processes transactions on behalf of payers and receivers, and establishes and manages processing with account keepers that manage accounts on behalf of payers and receivers. The accounts are maintained on the server  151  of an account keeper, but can be maintained on the transaction exchange  100  or on other servers  152 ,  154 . The transaction exchange  100  communicates directly with the devices  102 ,  104 ,  106  used by payers and receivers to initiate and complete transactions without the reliance on systems that support the roles of issuer, acquirer and scheme operator. As will be apparent from the description below, the payment system supported by the transaction exchange  100  allows an account keeping role to be independent of the provider of a credit or debit card/facility, payment terminal or other payment enabler. The account keeping role can also be independent of the provider of any financial services associated with an individual account. The transaction processing performed is independent to the extent that payers and receivers of transactions can independently determine: (i) the manner in which payments are processed by the transaction exchange; and (ii) any enhancement services that can be associated with these transactions. The system obviates the need for fees or charges, particularly interchange fees, between payers and receivers or between their respective service providers. The only fees or charges are between receivers and their service providers, and between payers and their service providers, and between the transaction exchange  100  and entities registered with the transaction exchange  100 . Fees are only exchanged between parties that have a direct relationship with one another, i.e. a fee is not collected by one party that is imposed by a third party. Also, as described below, the transaction processing does not distinguish nor is it distinguished by the underlying form of the account accessed, e.g. credit versus debit accounts. 
         [0032]    The transaction exchange  100  maintains a database  160 , using a database server such as MySQL, to process, establish and maintain entity records for the participants of or the parties to payment transactions. The entities include:
       (a) Payer. An entity that is responsible for making the payment of a payment transaction.   (b) Receivers. An entity that has the right to receive a payment. This may be an entity who sells goods and services, or may be an individual person or other entity who has the need to receive payments (e.g. Business to Business “B2B”, Business to Consumer “B2C”, Consumer to Business “C2B”, Person to Person “P2P” transfers). The transaction exchange  100 , although processing and storing transaction data for transactions with payer and receiver IDs does not need to maintain records for Payers or Receivers, unless an Account Keeper requires the transaction exchange  100  to do so on behalf of the Account Keeper (e.g. providing authorisation for a Payer when their Account Keeper service was offline) or unless a Payer or Receiver connects directly with a transaction exchange  100 . A Payer and Receiver do not need to be registered or certified with the transaction exchange  100  unless they connect directly with the transaction exchange  100 . The same entity is likely to be both a Payer and Receiver in the payments transaction system i.e. if a person has established themselves as a Payer their Account Keeper will generally enable them to also receive payments.   (c) Service Providers. An entity that provides services to Payers, Receivers or other participants of the payment system that enables, facilitates, or enhances the value of the payment transaction. Classes of Service Providers include: Guarantors; Identity Authenticators; Account Keepers; Payment Enabler Providers; Fund Managers/Fund Providers; Enhancement Service Providers; and Enhancement Service Processors. Service Providers that interact with a Transaction Exchange  100  (TX) are required to be registered with a transaction exchange. Account Keepers are registered and certified with a TX. Payment Enabler Providers and their associated Payment Enablers required to establish a connection with a TX can be registered and certified with a TX, e.g. Point of Sale devices (e.g. POS terminals), and Point of Purchase/Point of Payment (POP) services (e.g. internet payment gateways). For a Receiver or Payer to establish a connection with the TX at least one Payment Enabler needs to be registered and certified. Enhancement Service Providers and Enhancement Service Processors that require transaction data from the TX also need to be registered and certified.   (d) Guarantors. Service Providers that guarantee the payment risks a Payer or Receiver is required to be responsible for when other entities deal with them including settlement risk, fraud risk and credit risk. Guarantors are used to qualify Payers and Receivers to participate in the payment system or qualify transactions of an Account Keeper. The same Guarantor is likely to guarantee an entity both as a Payer and Receiver. For an individual person, the Fund Manager/Fund Provider or the Account Keeper is likely to act as the Guarantor. In the case of a Payer or Receiver being a merchant or trading entity the guarantee is more likely to be provided by a Guarantor that is independent of the Account Keeper or Fund Manager/Fund Provider.   (e) Identity Authenticators. Service Providers that obtain proof of identity from Payers and Receivers, and issue them with a certificate of identity that is used to gain access to other services linked to the payment system.   (f) Account Keepers (AK). Service Providers that create and manage the account which acts as origination or destination point for transactions. Account Keepers may provide basic account services without having an interest in the underlying financial aspects of the transactions, or they may provide both account keeping and be a deposit recipient and/or credit provider. An AK establishes an account on the server  151  for at least one Payer or at least one Receiver or both.   (g) Payment Enabler Providers (PEP). Service Providers that provide the physical or electronic infrastructure (including hardware, software and other services) i.e. Payment Enablers, that enables entities such as Payers/Receivers and Account Keepers to connect to other participants in the payment system. For Receivers these Payment Enablers may include POS terminal hardware and software  102 , payment gateways on the Internet, and other communication equipment and interfaces. For Payers the Payment Enablers may include plastic cards, smart card chips and equipment  104 ,  106  for connecting to payment gateways and portals. However, a Payment Enabler for a Payer or a Receiver may be simply a username and password combination to provide online access to a payment gateway.   (h) Fund Managers, Fund Providers (FM/FP). Service Providers that provide a line of credit and/or savings/deposit or other facility attached to accounts managed by an Account Keeper. A Fund Manager typically provides a facility for an entity using funds of the entity, whereas a Fund Provider provides a facility for an entity using funds of their own or of a different entity. The Fund Managers/Fund Providers can collectively be referred to as Financial Facility Providers.   (i) Enhancement Service Providers (ESP). Service Providers that enhance the value of an individual payment transaction by delivering additional benefits (i.e. Enhancement Services) to either the Payer or Receiver who buys the service, or to the Receiver or Payer involved in exchanging payment with the ESP. Examples of Enhancement Services include product extended warranty, charge back rights, product related insurance (e.g. travel) credit provision (e.g. interest free days, extended payment terms, finance terms) and loyalty or reward programs. Receiver services would include services that they may benefit from directly (e.g. fraud protection), or indirectly if they pay for a transaction Enhancement Service that is offered to their customers (e.g. free credit period, reward program). Enhancement Service Providers may offer services to Payers and Receivers directly, or may act as wholesalers and choose to distribute via other participants (e.g. AK, FM/FP, Receiver). Enhancement Services may be offered individually or bundled together.   (j) Enhancement Service Processor (ESProcessor). Service Provider that identifies transactions that qualify for an Enhancement Service, and transmits the details of the transactions to the Enhancement Service Provider providing the service. An ESProcessor may also provide a service to register users of the Enhancement Service, calculate their service entitlements, and manage the service delivery. The role may be performed by equipment of a dedicated entity, or may be offered as additional service by AK, TX, FM/FP, Receiver or Enhancement Service Provider.   (k) Governance Body (GB). Responsible for governing the payment system. A governance process is determined in accordance with any applicable prudential/regulatory framework.       
 
         [0044]    Services are registered with a TX if the TX  100  is required to play a role in the processing of the service. Entities may represent one or more of the Service Provider roles in the payment system e.g. Guarantors and Identity Authenticators may be the same entity or multiple entities working in partnership or independently. Payers and/or Receivers may choose to procure services as a bundle from one entity, or may acquire individual elements separately. Certification involves a service demonstrating that it conforms to standards set for the operation of the payment system (e.g. technical standards for hardware, software, and messages). Registration involves the TX providing unique identifiers that enable the origin and destination of transactions to be identified (e.g. each Account Keeper or EFTPOS terminal  102  has a unique identifier allocated to them). 
         [0045]    The TX database  160  includes registration and entity records for: all the AKs; all the Guarantors and Identity Authenticators that interact with the TX; the Receivers, Payers or other Service Providers that connect directly to the TX; registered Payment Enablers; records of any stand-in authorities; and records and audit trail data of all transaction data processed by the TX. 
         [0046]    To utilise and be a participant in the payment transaction system, each participant or party that connects directly to the TX performs a registration process (which may include a certification and identity authentication process) using their equipment  102  to  106  and  151  to  154  with the transaction exchange  100 . This involves unique identifiers being allocated to entities, and registration and certification processes being performed, depending on the Service Provider type. The references to entities in the processes described below include a reference to the entity record included in the database  160  and also references to the computer processing equipment  102  to  106 ,  151  to  154  used by the entity to connect to the transaction exchange  100 . The computer processing equipment  102  to  106 ,  151  to  154 , in a number of instances, needs to be verified by the transaction exchange as meeting requirements for the payment transaction system. When required, software components are downloaded from the transaction exchange  100  to the processing equipment of the entities. The format of, and the significant data elements included in, the communications messages (data packets) passed between the transaction exchange  100  and the equipment is recited in the accompanying Appendix. The transaction exchange includes a message processor  1000  which processes all of the communication messages to determine if they are valid messages of the payment transaction system, based on the data stored in the database  160  and the format and data values required for the messages, as discussed below and in the Appendix. 
         [0047]    The components of the transaction exchange  100  and the systems  108  to  120  used to perform the processes described below may be provided using a number of different hardware and software architectures. For example, software components (having computer program instruction code written in computer languages such as C# or VB.Net) based on the Microsoft.Net architecture or framework (http://www.msdn.microsoft.com/netframework/) may be used and stored on computer readable storage media (e.g. hard disks  160 ) of the servers  150  to  154 . Alternatively, the messages may be processed by dedicated hardware components, such as Application Specific Integrated Circuits (ASICs) or Field Programmable Gate Arrays (FPGAs). 
         [0048]    Guarantors  10  and Identity Authenticators  20 , as shown in  FIG. 2 , apply for registration by sending a registration application message  101  that includes an application ID and other details required for assessment. The transaction exchange is able to assess those applications on the basis of a number of criteria including financial, technical, security and regulatory criteria. On approval of an application, the transaction exchange allocates a unique identifier, a registration ID, and a registration message  103  is issued to the Guarantor and Identity Authenticator. 
         [0049]    A Payment Enabler Provider  30 , as shown in  FIG. 3 , needs to have their equipment certified and registered with a transaction exchange  100  so that the equipment, such as a payment terminal  102  can operate as a payment transaction origination point. The Payment Enabler Provider  30  applies for registration and certification in a message  121  that includes a number of data elements representing an application ID, a Payment Enabler Provider ID and data concerning aspects of the equipment, such as operating system, application software, security protocols etc. The transaction exchange  100  performs a certification process to ensure that data provided meets criteria for a payment terminal and then issues a certification message  123  including a registration ID, an ID for the Payment Enabler Provider entity, and ID&#39;s and certification numbers for the actual payment enabler e.g. payment terminals  102  or cards. 
         [0050]    An Account Keeper  40 , as shown in  FIG. 4 , is also able to apply for registration and certification with the transaction exchange  100 . An Account Keeper  40 , however, must first be associated with a Guarantor  10 . The Guarantor  10  issues a guarantee to the Account Keeper  40  to cover payment or any other risks associated with the Account Keeper operating with the transaction exchange  100 . The Account Keeper  40  forwards an application message  161  to apply for a guarantor service, and the Guarantor  10  is able to issue a guarantee message  163  that includes a guarantee limit and expiry date. The Account Keeper  40  on obtaining the guarantee is then able to apply for registration and certification in a message  181  with the transaction exchange  100 . The message  181  includes data elements related to the guarantee and application details for the Account Keeper. The transaction exchange  100  processes the data elements and forwards details concerning the Account Keeper and the guarantee to the Guarantor  10  in a confirmation request message  182 . The transaction exchange  100  must receive from the Guarantor  10  a confirmation message  183  confirming the guarantee associated with the Account Keeper  40  for the process to complete. The transaction exchange  100  can then issue a certification message  185  to the Account Keeper  40  that includes the unique registration ID, provided all certification criteria are met. The criteria include, in addition to the guarantee, technical and communication message interface standards to be met between the transaction exchange  100  and the Account Keeper  40 . 
         [0051]    Similar registration and certification processes are performed for other types of Service Provider entities, such as Enhancement Service Providers, that wish to transact with the transaction exchange  100 . Depending on the transactions that are to be performed by the Service Provider entity, the transaction exchange  100  may require provision of a guarantee from an associated Guarantor  10 . 
         [0052]    To utilise the transaction exchange  100 , a Payer  50  needs to obtain an associated Account Keeper service from an Account Keeper  40  that is registered with the transaction exchange  100 . The Account Keeper  40  needs to manage settlement risk, Payer fraud and identify fraud that may be associated with a Payer. Payers will therefore normally only be accepted after obtaining a valid identity token from an Identity Authenticator  20 . The Account Keeper  40  may also require a guarantee to be issued by a Guarantor  10 . A Payer  50  is able to directly apply to a registered Identity Authenticator  20  in an application message  201 , so as to obtain an identity token in a message  203 , which includes a Payer ID, a token ID, an identity token issue date and expiry date. The criteria utilised by the Identity Authenticator would normally be established by law in each jurisdiction or set by operators of the transaction exchange  100 . Examples include the 100 point identity check mandated in Australia for financial transactions. The Payer can then apply in an application message  206  for an Account Keeper service with an Account Keeper  40 . The message  206  includes the identity token and other Payer identification details. The Account Keeper  40  then sends an identity confirmation message  207  to the Identity Authenticator  20 . To complete the process, the Account Keeper  40  requires confirmation from the Identity Authenticator in a message  208  that confirms the identity token. The message  208  includes an identity token confirmation ID. The Account Keeper  40  can then forward a service confirmation message  210  that advises a Payer of account numbers associated with established accounts, and other details associated with accounts maintained by the Account Keeper  40 , such as account open dates and renewal dates. 
         [0053]    For Payers, an Account Keeper  40  may require a Fund Manager/Fund Provider to act as the Guarantor  10 . The Fund Manager/Fund Provider may represent the settlement risk, as an association with a Payer can make them responsible for any fraud or credit risk associated with the Payer. 
         [0054]    The process described above, with reference to  FIG. 5 , for Payers can equally apply for a Receiver. 
         [0055]    For a Receiver to establish an Account Keeper service with an Account Keeper the process is similar to that as described above for a Payer, but more rigorous for certain Receivers such as those Receivers acting as merchants supplying products and services, as shown in  FIG. 6 . The Account Keeper  40  needs to manage risks including Receiver fraud and identify fraud that may be associated with a Receiver. A Receiver  60  would need to issue messages to obtain both an identity token from an Identity Authenticator  20 , and a guarantee in a message  227  from a Guarantor  10 . The Guarantor  10  requests in a message  225  a confirmation concerning the Receiver identity token and the Identity Authenticator  20  may provide that confirmation in a message  226 . Once the identity token and guarantee are obtained, the Receiver is able to forward details of the identity token and the guarantee in an application message  230  to a certified Account Keeper  40 . The Account Keeper  40  then needs to obtain confirmation concerning the identity token and the guarantee, and on obtaining confirmation ID&#39;s can confirm the service. The confirmation message  236  advises the Receiver concerning the account numbers and other details associated with the service. 
         [0056]    The processes described above, with reference to  FIG. 6 , for Receivers can equally apply for a Payer. 
         [0057]    Payers and Receivers  50 ,  60  are able to apply, as shown in  FIG. 7 , for a payment enabler from a Payment Enabler Provider  30 . For Payers, the payment enabler includes credit and charge cards and PINS that enable a Payer  50  to use EFT networks at a point of sale, or user names and passwords to enable online access. The payment enablers used by a Receiver may include payment terminals  102  and Internet payment gateways that are part of the communications network  140 . The Payer or Receiver forwards an application message  240  to a Payment Enabler Provider  30 , as shown in  FIG. 7 , which includes details concerning the account associated with Account Keeper  40  and any associated account numbers. The Payment Enabler Provider  30  is able to issue a payment enabler and the associated ID numbers and any other specific data associated with the enabler is sent in a message  241 . Data concerning the issued payment enablers is then subsequently registered with the associated Account Keeper  40 . If the payment enabler is used to connect with the transaction exchange  100 , it is also registered with the transaction exchange  100 . 
         [0058]    Payers and Receivers  50 ,  60  are able to apply in an application message  261  for services from Fund Managers and Fund Providers  70  in order to provide funds that can then be associated with the accounts maintained by the Account Keeper  40 . The application message  261  therefore includes data concerning the Account Keeper ID and details concerning the account numbers etc. maintained by the Account Keeper  40 . Data associated with the terms of a facility and confirmation concerning data is provided back in a facility message  263  to the Receiver or Payer if successful. The Fund Manager/Fund Provider  70  is then able to register the facility with the Account Keeper  40 . The Fund Manager/Fund Provider may be the same entity as the Account Keeper, but the Account Keeper  40  may be an entirely separate entity and provide access to a number of different Fund Managers/Fund Providers. Once the facility is obtained and registered, the Fund Manager/Fund Provider  70  is responsible for payment which is associated with a Payer. A Fund Manager/Fund Provider  70  and Account Keeper  40  may also operate as a Guarantor  10 . Once a facility is registered with the Account Keeper  40 , confirmation of registration is advised in messages  265  and  266  to the Receiver/Payer and the Fund Manager/Fund Provider. Data stored by the Account Keeper  40  includes facility ID, facility limits, access tokens such as passwords, and expiry dates. 
         [0059]    A Receiver or Payer is able to request an enhancement service from an Enhancement Service Provider, as shown in  FIG. 9 . Enhancement services include extended product warranty, free credit period, loyalty programs etc., that can be associated with a payment transaction. To request the service, an Account Keeper ID needs to be provided, together with an account number that will be used with the service, in a request message  281 . The Enhancement Service Provider  80  then issues terms of the service at a message  283 . Once the service has been established, the provider  80  registers the service with an Enhancement Service Processor  90  that will act to identify when qualification criteria of the service are met for a transaction. The Enhancement Service Processor  90  processes the transactions to ensure provision of the enhancement service for the Payer or Receiver. This role may be performed by the transaction exchange  100 , Account Keeper  40 , Fund Manager/Fund Provider  70 , Enhancement Service Provider  80 , or an entirely separate Enhancement Service Processor  90  e.g. an independent server. 
         [0060]    A Receiver  60 , as shown in  FIG. 10 , is able to initiate a payment transaction, and typically these transactions would be initiated at a point of sale or a point of purchase, such as on the Internet, where payment is processed at the time of purchase. The transaction exchange  100  processes messages from the Receiver  60  and communicates with the Payer Account Keeper  22  to obtain payment authorisation. Once authorisation is obtained from the Payer Account Keeper  22 , the transaction exchange  100  advises the Receiver Account Keeper  24 , and then processes settlement messages between the Account Keepers  22 ,  24 . The Receiver  60  requests payment particulars in a message  401 . The Payer  50  provides payment particulars in a message  402  that includes the Payer identity token, such as a PIN, card ID (if used) Account Keeper ID and the account number of the facility to be debited that is associated with the Payer Account Keeper  22 . The Receiver sends the payment data associated with the transaction in a message  403  to the transaction exchange  100 . This includes a transaction ID and data associated with the Receiver, such as the Receiver ID, Receiver Account Keeper ID, and the account number of the account to be credited associated with the Receiver Account Keeper  24 . The transaction exchange  100  processes the message to determine if the message  403  includes a valid payment transaction, i.e. the transaction data includes the correct data fields and values and, in particular, the correct ID data, based on that held in the database  160 . The transaction data is forwarded to the Payer Account Keeper  22  in a message  404  to obtain authorisation. Alternatively, authorisations can be provided directly by the transaction exchange  100 , based on parameters associated with the Payer Account Keeper  22 . If the transaction exceeds the Payer Account Keeper authority, the Payer Account Keeper  22  may need to seek authorisation authority in a message  405  to the associated Fund Manager/Fund Provider  72 . The Fund Manager/Fund Provider may provide an authorisation response  406 . The Payer Account Keeper  22  forwards an authorisation response  407  to the transaction exchange  100 . The authorisation response includes the transaction ID and the Payer ID. The payment transaction data is sent by the transaction exchange  100  with the authorisation response to the Receiver Account Keeper in a transaction approved message  409 . The authorisation response is sent in a message  408  from the transaction exchange  100  to the Receiver  60 . The Account Keepers  22 ,  24  adjust the accounts on the basis of the authorisation response and settlement messages  421  are issued and maintained by the transaction exchange  100 . The settlement messages include data concerning the settlement positions of the individual respective Account Keepers  22 ,  24 . For any accounts adjusted by the Fund Manager/Fund Provider  72 ,  74  settlement messages  423  and  425  are sent to the Account Keepers  22 ,  24  and the settlement data persisted. 
         [0061]    A Payer is also able to initiate a payment transaction, as shown in  FIG. 11 . This may occur where the Receiver  60  issues a request for payment, for example by issuing a physical or electronic statement, bill or invoice, or provides payment/account details in the instance of a gift or donation being promised. In this instance, the Payer  50  determines when and how the payment will occur. The Receiver  60  can issue a payment demand message  431  that will include an ID for the transaction. The Payer  50  can issue a message  433  to the Payer Account Keeper  22  to initiate and make the payment associated with the transaction. The data included in the message includes identifying data associated with any statement, bill or invoice, details concerning the transaction amount, and identifying data, such as that associated with payment enablers, the Payer ID, and Receiver Account Keeper ID and the account to be credited as provided by the Receiver. The Payer Account Keeper ID is also to be included, together with the account number of the facility to be debited. If the transaction exceeds the Payer Account Keeper authority, authorisation may be sought in a message  437  from the Payer Fund Manager/Fund Provider  72  and the Fund Manager/Fund Provider may provide an authorisation response  439 . Ultimately, once authorisation is obtained, the Payer Account Keeper  22  generates an authorisation response message  441  to the Payer  50  that includes transaction ID and the authorisation response. The Payer Account Keeper  22  then sends a payment transaction message  443  to the transaction exchange  100  that includes all data concerning the transaction, together with the authorisation response. The transaction exchange  100  determines the validity of the transaction data of the payment transaction message  443 , which includes comparing the ID data in the message to that held in the database  160 . The transaction exchange  100  generates and sends a payment transaction message  445  to the identified Receiver Account Keeper  24  and includes the authorisation response and advises the Receiver account number of the facility to be credited. The Receiver Account Keeper  24  validates the Receiver account data, and issues a confirmation message  446  to the transaction exchange  100  that the payment has been successfully posted to the Receiver&#39;s account. The transaction exchange  100  sends a confirmation message  447  to the Payer Account Keeper  22 . The Payer Account Keeper  22  sends a confirmation message  448  to the Payer  50 . The Account Keepers  22  and  24  adjust the identified accounts and on doing so issue settlement messages  449  to the transaction exchange. Depending on the authorisation and validation performed, the Payer and Receiver Fund Managers/Fund Providers  72 ,  74  may also issue respective settlement messages  451  and  453  to the Account Keepers  22  and  24 . 
         [0062]    For enhancement service delivery, as shown in  FIG. 12 , the Enhancement Service Provider  80  establishes the qualification criteria that determines which payment transactions trigger an enhancement service. The qualification criteria may include the nature of the transaction (amount, date of transaction etc), type of good or service purchased (e.g. using SKU number (i.e. Stock Keeping Unit number), EAN number (ie. European Article Numbering Code) or UPC (Universal Product Code)), transactions generated by a class of Payer, for example the Payers of a particular Account Keeper or Fund Manager/Fund Provider, or other criteria associated with data processed by the transaction exchange  100 . The qualification criteria data is sent in message  501  to a registered Enhancement Service Processor  90 . In turn this data is sent in message  503  to the transaction exchange  100 . The transaction exchange  100  monitors the transactions to determine when the qualification criteria are met and then passes transaction data associated with qualifying payment transactions to the Enhancement Service Processor  90  in a message  505 . The Enhancement Service Processor  90  determines the value of the service accrued for each particular service type from the transactions and the value data is provided in a message  507  to the Enhancement Service Provider  80 . A Payer or Receiver  50 ,  60  is then able to issue a request  509  to obtain details of the qualifying payment transactions and the value of any service accrued from the Enhancement Service Provider  80  is included in a message  511 . A Payer or Receiver  50 ,  60  is also able to request delivery of the service in a request message  513  to the Enhancement Service Provider  80 . The manner in which the enhancement service is delivered would depend on the type of the service. Delivery may be automated e.g. discounts or reward program points determinations, or may need to be obtained by a request, e.g. extended product warranties, travel insurance claims or charge back rights. Delivery or confirmation of delivery can be provided in a message  515 . 
         [0063]    For enhancement services acquired by a Receiver and provided to Payers, as shown in  FIG. 13 , the messages exchanged between the Enhancement Service Provider  80 , the Enhancement Service Processor  90  and the transaction exchange  100  to establish the qualification criteria and identify qualifying payment transaction is similar to that described above, except the qualification criteria includes data concerning the Payers and Receivers that are registered for the service. The enhancement services that may be payed for by a Receiver include an extended product warrantee or a concessional interest rate for goods bought on credit where the retailers may subsidise the interest rate charged to the consumer. The Enhancement Service Processor  90  processes the qualifying payment transactions and determines the services that have been accrued by the Payers, and also determines the total value of the services payable by the Receiver. The accrual is advised in a message  577  to the Enhancement Service Provider  80 . A Payer  50  can again request details of qualifying transactions and value of service in a message  579 , and can also request service delivery in a message  583 . The Enhancement Service Provider advises receipt of the value of the services accrued and services delivered to Payers in a message  597  and the Receiver  60  settles with the Enhancement Service Provider  80  using a settlement message  599 . 
         [0064]    The payment transaction system is particularly advantageous as it:
       (a) Reduces the cost of payment processing by eliminating interchange payments paid between merchants and card issuers. The payment transaction system enables Payers and Receivers to initiate and complete payment transactions using the transaction exchange  100  without incurring additional fees, other than those directly imposed by the Service Providers of their choice, whilst not requiring any exchange of fees between Account Keepers for transactions.   (b) Reduces the cost of payment processing by standardising transaction processing. The payment transaction system does not differentiate transaction processing according to the type of account to which the transaction will be posted.   (c) Provides merchants and consumers with greater choice as to which value added elements they wish to pay for and have associated with their transactions. The payment transaction system allows for one or more enhancement services to be attached to a transaction independently from the processing of the underlying transaction. Payers and Receivers can purchase individual enhancement services separately and from separate providers rather than as a “bundle” associated with a particular payment scheme   (d) Reduces barriers to entry for new payment services, new card issuers, new account providers, and new merchants. The payment transaction system provides any Enhancement Service Provider, Account Keeper, or Receiver that conforms to the system standards the ability to connect to the transaction exchange  100  (either directly and/or via their Account Keeper) and offer their services to any Payer or Receiver that is also connected to the system, without having to build their own system of connections to Payers, Receivers, or Account Keepers.   (e) Reduces the cost of payment processing for Payers and Receivers by standardising transaction processing. A Payer or Receiver of a payment only needs one connection to the transaction exchange  100  to transact payments with any different payment schemes, offerings or systems that are registered with the transaction exchange  100 .   (f) Provides merchants and consumers with greater choice and flexibility as to how they link payment transactions with financial service facilities. The payment transaction system allows for the Account Keeper to be separate from the Fund Manager or Fund Provider, so that the Account Keeper does not need to provide credit or debit facilities directly but can enter a separate association with one or more Fund Managers or Fund Providers.       
 
         [0071]    Many modifications will be apparent to those skilled in the art without departing from the scope of the present invention as hereinbefore described with reference to the accompanying drawings. 
       APPENDIX 
       [0072]      
         [0000]    
       
         
               
             
               
               
               
             
           
               
                   
               
               
                 FIG. 2 
               
             
          
           
               
                 Messages 
                 Description 
                 Data Elements 
               
               
                   
               
               
                 101 
                 Guarantor or Identity 
                 Guarantor or Identity Authenticator 
               
               
                   
                 Authenticator applies 
                 Application ID number 
               
               
                   
                 for registration 
                 Applicant type 
               
               
                   
                   
                 Application Date 
               
               
                   
                   
                 Applicant specific data eg Company 
               
               
                   
                   
                 name, Address, Key Officers, 
               
               
                   
                   
                 Contact details, Company financials 
               
               
                 103 
                 Issue registration 
                 Guarantor or Identity Authenticator 
               
               
                   
                   
                 Application ID number 
               
               
                   
                   
                 Registration ID number 
               
               
                   
                   
                 Registration date 
               
               
                   
                   
                 Registration expiry date 
               
               
                   
               
             
          
         
       
     
         [0000]    
       
         
               
             
               
               
               
             
           
               
                   
               
               
                 FIG. 3 
               
             
          
           
               
                 Message 
                 Description 
                 Data Elements 
               
               
                   
               
               
                 121 
                 Provider of Payment 
                 Payment Enabler Application 
               
               
                   
                 Enablers applies for 
                 ID number 
               
               
                   
                 registration and 
                 Applicant type 
               
               
                   
                 certification with TX 
                 Application Date 
               
               
                   
                   
                 Payment Enabler Provider ID number 
               
               
                   
                   
                 Payment Enabler specific data eg 
               
               
                   
                   
                 Operating system, application 
               
               
                   
                   
                 software, security protocols 
               
               
                 123 
                 TX issues certification 
                 Payment Enabler Application 
               
               
                   
                   
                 ID number 
               
               
                   
                   
                 Registration ID number 
               
               
                   
                   
                 Payment Enabler Provider ID number 
               
               
                   
                   
                 Payment Enabler ID number 
               
               
                   
                   
                 Certification Number 
               
               
                   
                   
                 Certification date 
               
               
                   
                   
                 Certification expiry date 
               
               
                   
               
             
          
         
       
     
         [0000]    
       
         
               
             
               
               
               
             
           
               
                   
               
               
                 FIG. 4 
               
             
          
           
               
                 Message 
                 Description 
                 Data Elements 
               
               
                   
               
               
                 161 
                 Account Keeper 
                 Account Keeper Application ID number 
               
               
                   
                 applies for 
                 Applicant type 
               
               
                   
                 Guarantor service 
                 Application Date 
               
               
                   
                   
                 Account Keeper ID number 
               
               
                   
                   
                 Account Keeper specific data eg 
               
               
                   
                   
                 Company name, Address, Key Officers, 
               
               
                   
                   
                 Contact details, Company financials 
               
               
                 163 
                 Guarantor issues 
                 Account Keeper Application ID number 
               
               
                   
                 guarantee 
                 Guarantor ID number 
               
               
                   
                   
                 Guarantee ID number 
               
               
                   
                   
                 Account Keeper ID number 
               
               
                   
                   
                 Guarantee date 
               
               
                   
                   
                 Guarantee limit 
               
               
                   
                   
                 Guarantee expiry date 
               
               
                 181 
                 Account Keeper 
                 Account Keeper Application ID number 
               
               
                   
                 applies for 
                 Applicant type 
               
               
                   
                 registration and 
                 Application Date 
               
               
                   
                 certification 
                 Account Keeper ID number 
               
               
                   
                 with TX 
                 Account Keeper specific data eg 
               
               
                   
                   
                 Company name, Address, Key Officers, 
               
               
                   
                   
                 Contact details 
               
               
                   
                   
                 Guarantor ID number 
               
               
                   
                   
                 Guarantee ID number 
               
               
                   
                   
                 Guarantee date 
               
               
                   
                   
                 Guarantee limit 
               
               
                   
                   
                 Guarantee expiry date 
               
               
                 182 
                 TX requests 
                 Account Keeper ID number 
               
               
                   
                 confirmation of 
                 Guarantor ID number 
               
               
                   
                 guarantee with 
                 Guarantee ID number 
               
               
                   
                 Guarantor 
                 Guarantee date 
               
               
                   
                   
                 Guarantee limit 
               
               
                   
                   
                 Guarantee expiry date 
               
               
                 183 
                 Guarantor 
                 Account Keeper ID number 
               
               
                   
                 confirms 
                 Guarantor ID number 
               
               
                   
                 guarantee 
                 Guarantee ID number 
               
               
                   
                 to TX 
                 Guarantee confirmation ID number 
               
               
                 185 
                 TX Issues 
                 Account Keeper Application ID 
               
               
                   
                 certification 
                 Account Keeper ID number 
               
               
                   
                   
                 Unique registration ID 
               
               
                   
                   
                 Certification Number 
               
               
                   
                   
                 Certification date 
               
               
                   
                   
                 Certification expiry date 
               
               
                   
               
             
          
         
       
     
         [0000]    
       
         
               
             
               
               
               
             
           
               
                   
               
               
                 FIG. 5 
               
             
          
           
               
                 Message 
                 Description 
                 Data Elements 
               
               
                   
               
               
                 201 
                 Payers apply to Identity 
                 Payers Application ID number 
               
               
                   
                 Authenticator for 
                 Applicant type 
               
               
                   
                 Identity Token 
                 Application Date 
               
               
                   
                   
                 Payer specific data eg Name, 
               
               
                   
                   
                 Address, Contact details, identity 
               
               
                   
                   
                 documents (eg passport, 
               
               
                   
                   
                 citizenship certificate, drivers 
               
               
                   
                   
                 licence, utility bill, referee details) 
               
               
                 203 
                 Identity Authenticator 
                 Payers Application ID number 
               
               
                   
                 issues Identity Token 
                 Identity Authenticator ID number 
               
               
                   
                   
                 Payer ID number 
               
               
                   
                   
                 Identity Token ID number 
               
               
                   
                   
                 Identity Token issue date 
               
               
                   
                   
                 Identity Token expiry date 
               
               
                 206 
                 Payer applies for 
                 Payers Application ID number 
               
               
                   
                 Account Keeper Service 
                 Applicant type 
               
               
                   
                   
                 Application Date 
               
               
                   
                   
                 Payer ID number 
               
               
                   
                   
                 Payer specific data eg Name, 
               
               
                   
                   
                 Address, Contact details 
               
               
                   
                   
                 Identity Authenticator ID number 
               
               
                   
                   
                 Identity Token ID number 
               
               
                   
                   
                 Identity Token issue date 
               
               
                   
                   
                 Identity Token expiry date 
               
               
                 207 
                 Account Keeper requests 
                 Payer ID number 
               
               
                   
                 confirmation of Identity 
                 Identity Authenticator ID number 
               
               
                   
                 Token with Identity 
                 Identity Token ID number 
               
               
                   
                 Authenticator 
                 Identity Token issue date 
               
               
                   
                   
                 Identity Token expiry date 
               
               
                 208 
                 Identity Authenticator 
                 Payer ID number 
               
               
                   
                 confirms Identity Token 
                 Identity Authenticator ID number 
               
               
                   
                 to Account Keeper 
                 Identity Token number 
               
               
                   
                   
                 Identity Token confirmation ID 
               
               
                   
                   
                 number 
               
               
                 210 
                 Account Keeper 
                 Payers Application ID 
               
               
                   
                 confirms service 
                 Payer ID number 
               
               
                   
                   
                 Account Keeper ID number 
               
               
                   
                   
                 Payer Account Number (and 
               
               
                   
                   
                 sub-account numbers) 
               
               
                   
                   
                 Account open date 
               
               
                   
                   
                 Account renewal date 
               
               
                   
               
             
          
         
       
     
         [0000]    
       
         
               
             
               
               
               
             
           
               
                   
               
               
                 FIG. 6: 
               
             
          
           
               
                 Message 
                 Description 
                 Data Elements 
               
               
                   
               
               
                 221 
                 Receivers apply to 
                 Receiver Application ID number 
               
               
                   
                 Identity Authenticator 
                 Applicant type 
               
               
                   
                 for Identity Token 
                 Application Date 
               
               
                   
                   
                 Receiver specific data eg Company 
               
               
                   
                   
                 name, Address, Key Officers, 
               
               
                   
                   
                 Contact details, 
               
               
                   
                   
                 Referees (eg bankers, auditors, 
               
               
                   
                   
                 accountants) 
               
               
                 223 
                 Identity Authenticator 
                 Receiver Application ID number 
               
               
                   
                 issues Identity Token 
                 Identity Authenticator ID number 
               
               
                   
                   
                 Receiver ID number 
               
               
                   
                   
                 Identity Token ID number 
               
               
                   
                   
                 Identity Token issue date 
               
               
                   
                   
                 Identity Token expiry date 
               
               
                 224 
                 Receiver applies for 
                 Receiver Application ID number 
               
               
                   
                 Guarantor service 
                 Applicant type 
               
               
                   
                   
                 Application Date 
               
               
                   
                   
                 Receiver ID number 
               
               
                   
                   
                 Identity Authenticator ID number 
               
               
                   
                   
                 Identity Token ID number 
               
               
                   
                   
                 Identity Token issue date 
               
               
                   
                   
                 Identity Token expiry date 
               
               
                   
                   
                 Receiver specific data eg for 
               
               
                   
                   
                 businesses this would include: 
               
               
                   
                   
                 Company name, Address, 
               
               
                   
                   
                 Key Officers, Contact details, 
               
               
                   
                   
                 Company financials 
               
               
                 225 
                 Guarantor requests 
                 Guarantor ID number 
               
               
                   
                 confirmation of Identity 
                 Receiver ID number 
               
               
                   
                 Token with Identity 
                 Identity Authenticator ID number 
               
               
                   
                 Authenticator 
                 Identity Token ID number 
               
               
                   
                   
                 Identity Token issue date 
               
               
                   
                   
                 Identity Token expiry date 
               
               
                 226 
                 Identity Authenticator 
                 Receiver ID number 
               
               
                   
                 confirms Identity Token 
                 Guarantor ID number 
               
               
                   
                 to Guarantor 
                 Identity Authenticator number 
               
               
                   
                   
                 Identity Token number 
               
               
                   
                   
                 Identity Token confirmation ID 
               
               
                   
                   
                 number 
               
               
                 227 
                 Guarantor issues 
                 Receiver Application ID number 
               
               
                   
                 guarantee 
                 Guarantor ID number 
               
               
                   
                   
                 Guarantee ID number 
               
               
                   
                   
                 Guarantee date 
               
               
                   
                   
                 Guarantee limit 
               
               
                   
                   
                 Guarantee expiry date 
               
               
                 230 
                 Receiver applies for 
                 Receiver Application ID number 
               
               
                   
                 Account Keeper Service 
                 Applicant type 
               
               
                   
                   
                 Application Date 
               
               
                   
                   
                 Receiver ID number 
               
               
                   
                   
                 Receiver specific data eg Name, 
               
               
                   
                   
                 Address, 
               
               
                   
                   
                 Contact details 
               
               
                   
                   
                 Identity Authenticator ID number 
               
               
                   
                   
                 Identity Token ID number 
               
               
                   
                   
                 Identity Token issue date 
               
               
                   
                   
                 Identity Token expiry date 
               
               
                   
                   
                 Guarantor ID number 
               
               
                   
                   
                 Guarantee ID number 
               
               
                   
                   
                 Guarantee date 
               
               
                   
                   
                 Guarantee limit 
               
               
                   
                   
                 Guarantee expiry date 
               
               
                 231 
                 Account Keeper 
                 Account Keeper ID number 
               
               
                   
                 requests confirmation of 
                 Receiver ID number 
               
               
                   
                 Identity Token with 
                 Identity Authenticator ID number 
               
               
                   
                 Identity Authenticator 
                 Identity Token ID number 
               
               
                   
                   
                 Identity Token issue date 
               
               
                   
                   
                 Identity Token expiry date 
               
               
                 232 
                 Identity Authenticator 
                 Receiver ID number 
               
               
                   
                 confirms Identity Token 
                 Account Keeper ID number 
               
               
                   
                 to Account Keeper 
                 Identity Authenticator number 
               
               
                   
                   
                 Identity Token number 
               
               
                   
                   
                 Identity Token confirmation ID 
               
               
                   
                   
                 number 
               
               
                 233 
                 Account Keeper 
                 Account Keeper ID number 
               
               
                   
                 requests confirmation of 
                 Receiver ID number 
               
               
                   
                 guarantee with 
                 Guarantor ID number 
               
               
                   
                 Guarantor 
                 Guarantee ID number 
               
               
                   
                   
                 Guarantee date 
               
               
                   
                   
                 Guarantee limit 
               
               
                   
                   
                 Guarantee expiry date 
               
               
                 234 
                 Guarantor confirms 
                 Account Keeper ID number 
               
               
                   
                 guarantee to Account 
                 Receiver ID number 
               
               
                   
                 Keeper 
                 Guarantor ID number 
               
               
                   
                   
                 Guarantee ID number 
               
               
                   
                   
                 Guarantee confirmation ID number 
               
               
                 236 
                 Account Keeper 
                 Receiver Application ID 
               
               
                   
                 confirms service 
                 Receiver ID number 
               
               
                   
                   
                 Account Keeper ID number 
               
               
                   
                   
                 Receiver Account Number (and 
               
               
                   
                   
                 sub-account numbers) 
               
               
                   
                   
                 Account open date 
               
               
                   
                   
                 Account renewal date 
               
               
                   
               
             
          
         
       
     
         [0000]    
       
         
               
             
               
               
               
             
           
               
                   
               
               
                 FIG. 7: 
               
             
          
           
               
                 Message 
                 Description 
                 Data Elements 
               
               
                   
               
               
                 240 
                 Payer/Receivers requests 
                 Payer/Receiver Application 
               
               
                   
                 service from Payment 
                 ID number 
               
               
                   
                 Enabler Provider 
                 Application Date 
               
               
                   
                   
                 Payer/Receiver ID number 
               
               
                   
                   
                 Account Keeper ID number 
               
               
                   
                   
                 Payer/Receiver Account Number at 
               
               
                   
                   
                 Account Keeper 
               
               
                   
                   
                 Enabler type(s) requested 
               
               
                   
                   
                 Number of enablers of each 
               
               
                   
                   
                 type required 
               
               
                 241 
                 Payment Enabler 
                 Payer/Receiver Application 
               
               
                   
                 Provider delivers 
                 ID number 
               
               
                   
                 Payment Enabler 
                 Application Date 
               
               
                   
                   
                 Payer/Receiver ID number 
               
               
                   
                   
                 Payment Enabler Provider ID 
               
               
                   
                   
                 number 
               
               
                   
                   
                 Payment Enabler ID number(s) 
               
               
                   
                   
                 Payment Enabler specific data 
               
               
                 242 
                 Payment Enabler 
                 Payer/Receiver Application 
               
               
                   
                 Provider registers 
                 ID number 
               
               
                   
                 Payment Enablers with 
                 Payer/Receiver ID number 
               
               
                   
                 Account Keeper 
                 Account Keeper ID number 
               
               
                   
                   
                 Payer/Receiver Account Number at 
               
               
                   
                   
                 Account Keeper 
               
               
                   
                   
                 Payment Enabler Provider ID 
               
               
                   
                   
                 number 
               
               
                   
                   
                 Payment Enabler ID number(s) 
               
               
                   
                   
                 Payment Enabler specific data 
               
               
                 243 
                 Account Keeper 
                 Payer/Receiver Application 
               
               
                   
                 confirms registration 
                 ID number 
               
               
                   
                   
                 Account Keeper ID number 
               
               
                   
                   
                 Payer/Receiver ID number 
               
               
                   
                   
                 Payer/Receiver Account Number at 
               
               
                   
                   
                 Account Keeper 
               
               
                   
                   
                 Registration ID number 
               
               
                   
                   
                 Registration date 
               
               
                   
                   
                 Registration expiry date 
               
               
                 244 
                 Payment Enabler 
                 Application ID number 
               
               
                   
                 Provider registers 
                 Payer/Receiver ID number 
               
               
                   
                 Payment Enablers with 
                 Account Keeper ID number 
               
               
                   
                 TX 
                 Payer/Receiver Account Number at 
               
               
                   
                   
                 Account Keeper 
               
               
                   
                   
                 Payment Enabler Provider 
               
               
                   
                   
                 ID number 
               
               
                   
                   
                 Payment Enabler ID number(s) 
               
               
                   
                   
                 Payment Enabler specific data 
               
               
                 245 
                 TX confirms registration 
                 Payer/Receiver Application 
               
               
                   
                 to Payment Enabler 
                 ID number 
               
               
                   
                 Provider 
                 Payer/Receiver ID number 
               
               
                   
                   
                 Account Keeper ID number 
               
               
                   
                   
                 Payer/Receiver Account Number at 
               
               
                   
                   
                 Account Keeper 
               
               
                   
                   
                 Payment Enabler Provider ID 
               
               
                   
                   
                 number 
               
               
                   
                   
                 Payment Enabler ID number(s) 
               
               
                   
                   
                 Registration ID number 
               
               
                   
                   
                 Registration date 
               
               
                   
                   
                 Registration expiry date 
               
               
                   
               
             
          
         
       
     
         [0000]    
       
         
               
             
               
               
               
             
           
               
                   
               
               
                 FIG. 8 
               
             
          
           
               
                 Message 
                 Description 
                 Data Elements 
               
               
                   
               
               
                 261 
                 Payers/Receiver apply to 
                 Application ID number 
               
               
                   
                 Fund Manager/Fund 
                 Applicant type 
               
               
                   
                 Providers for services 
                 Application Date 
               
               
                   
                   
                 Payer/Receiver specific data 
               
               
                   
                   
                 required by FM/FP 
               
               
                   
                   
                 Identity Authenticator ID number 
               
               
                   
                   
                 Identity Token ID number 
               
               
                   
                   
                 Payer/Receiver ID number 
               
               
                   
                   
                 Account Keeper ID number 
               
               
                   
                   
                 Payer/Receiver Account Number at 
               
               
                   
                   
                 Account Keeper 
               
               
                   
                   
                 Receivers only 
               
               
                   
                   
                 Guarantor ID number 
               
               
                   
                   
                 Guarantee ID number 
               
               
                   
                   
                 Guarantee date 
               
               
                   
                   
                 Guarantee limit 
               
               
                   
                   
                 Guarantee expiry date 
               
               
                 263 
                 Fund Manager/Fund 
                 Application ID number 
               
               
                   
                 Providers issues terms of 
                 Payer/Receiver ID number 
               
               
                   
                 facility to 
                 Fund Manager/Fund Providers 
               
               
                   
                 Payer/Receiver 
                 ID number 
               
               
                   
                   
                 Facility ID number 
               
               
                   
                   
                 Facility limits (eg credit line, 
               
               
                   
                   
                 individual transaction $ limits, 
               
               
                   
                   
                 daily $ transfers limits) 
               
               
                   
                   
                 Facility access tokens 
               
               
                   
                   
                 (eg passwords) 
               
               
                   
                   
                 Facility expiry date 
               
               
                   
                   
                 Account Keeper ID number 
               
               
                   
                   
                 Payer/Receiver Account Number at 
               
               
                   
                   
                 Account Keeper 
               
               
                 264 
                 Fund Manager/Fund 
                 Payer/Receiver ID number 
               
               
                   
                 Providers registers 
                 Fund Manager/Fund Providers 
               
               
                   
                 facility with 
                 ID number 
               
               
                   
                 Payer/Receiver Account 
                 Facility ID number 
               
               
                   
                 Keeper 
                 Facility limits (eg credit line, 
               
               
                   
                   
                 individual 
               
               
                   
                   
                 transaction $ limits, daily $ 
               
               
                   
                   
                 transfers limits) 
               
               
                   
                   
                 Facility access tokens 
               
               
                   
                   
                 (eg passwords) 
               
               
                   
                   
                 Facility expiry date 
               
               
                   
                   
                 Account Keeper ID number 
               
               
                   
                   
                 Payer/Receiver Account Number at 
               
               
                   
                   
                 Account Keeper 
               
               
                 265 
                 Account Keeper 
                 Account Keeper ID number 
               
               
                   
                 confirms registration 
                 Payer/Receiver ID number 
               
               
                   
                 with Fund 
                 Payer/Receiver Account Number at 
               
               
                   
                 Manager/Fund Providers 
                 Account Keeper 
               
               
                   
                   
                 Payer/Receiver sub-Account 
               
               
                   
                   
                 Number that will be used at 
               
               
                   
                   
                 Account Keeper 
               
               
                   
                   
                 Fund Manager/Fund Providers 
               
               
                   
                   
                 ID number 
               
               
                   
                   
                 Facility ID number 
               
               
                   
                   
                 Facility ID confirmation number 
               
               
                 266 
                 Account Keeper 
                 Account Keeper ID number 
               
               
                   
                 confirms registration 
                 Payer/Receiver ID number 
               
               
                   
                 with Payer/Receiver 
                 Payer/Receiver Account Number at 
               
               
                   
                   
                 Account Keeper 
               
               
                   
                   
                 Payer/Receiver sub-Account 
               
               
                   
                   
                 Number that will be used at 
               
               
                   
                   
                 Account Keeper 
               
               
                   
                   
                 Fund Manager/Fund Providers 
               
               
                   
                   
                 ID number 
               
               
                   
                   
                 Facility ID number 
               
               
                   
                   
                 Facility ID confirmation number 
               
               
                   
               
             
          
         
       
     
         [0000]    
       
         
               
             
               
               
               
             
           
               
                   
               
               
                 FIG. 9 
               
             
          
           
               
                 Mes- 
                   
                   
               
               
                 sage 
                 Description 
                 Data Elements 
               
               
                   
               
               
                 281 
                 Payers/Receivers request 
                 Payer/Receiver Application ID number 
               
               
                   
                 enhancement service 
                 Applicant type 
               
               
                   
                 from Enhancement 
                 Application Date 
               
               
                   
                 Service Providers 
                 Payer/Receiver specific data required by 
               
               
                   
                 (request may be made 
                 Enhancement Service Providers 
               
               
                   
                 via Account Keeper, 
                 Payer/Receiver ID number 
               
               
                   
                 Fund Manager/Fund 
                 Account Keeper ID number 
               
               
                   
                 Provider or TX acting as 
                 Payer/Receiver Account Number/sub- 
               
               
                   
                 agent of Enhancement 
                 Account number at Account Keeper that 
               
               
                   
                 Service Providers) 
                 will be using service 
               
               
                 283 
                 Enhancement Service 
                 Payer/Receiver Application ID number 
               
               
                   
                 Provider issues terms of 
                 Payer/Receiver ID number 
               
               
                   
                 Enhancement Service to 
                 Enhancement Service Provider ID 
               
               
                   
                 Payer/Receiver 
                 Enhancement Service ID number 
               
               
                   
                   
                 Enhancement Service limits or 
               
               
                   
                   
                 qualification criteria (eg individual 
               
               
                   
                   
                 transaction limits, daily limits, annual 
               
               
                   
                   
                 limits, time or place of transaction) 
               
               
                   
                   
                 Enhancement Service expiry date 
               
               
                   
                   
                 Account Keeper ID number 
               
               
                   
                   
                 Payer/Receiver Account Number/sub- 
               
               
                   
                   
                 Account number at Account Keeper that 
               
               
                   
                   
                 will be using service 
               
               
                 284 
                 Enhancement Service 
                 Payer/Receiver ID number 
               
               
                   
                 Provider registers 
                 Enhancement Service Provider ID 
               
               
                   
                 service with 
                 Enhancement Service ID number 
               
               
                   
                 Enhancement Service 
                 Enhancement Service limits or 
               
               
                   
                 Processor (Enhancement 
                 qualification criteria (eg individual 
               
               
                   
                 Service Processor role 
                 transaction limits, daily limits, annual 
               
               
                   
                 may be performed by 
                 limits, time or place of transaction) 
               
               
                   
                 AK, TX, FM/FP or 
                 Enhancement Service expiry date 
               
               
                   
                 specialist Enhancement 
                 Account Keeper ID number 
               
               
                   
                 Service Processor) 
                 Payer/Receiver Account Number/sub- 
               
               
                   
                   
                 Account number at Account Keeper that 
               
               
                   
                   
                 will be using service 
               
               
                 285 
                 Enhancement Service 
                 Enhancement Service Processor ID 
               
               
                   
                 Processor confirms 
                 number 
               
               
                   
                 registration to 
                 Registration date 
               
               
                   
                 Enhancement Service 
                 Registration expiry date 
               
               
                   
                 Provider 
                 Payer/Receiver ID number 
               
               
                   
                   
                 Enhancement Service Provider ID 
               
               
                   
                   
                 Enhancement Service ID number 
               
               
                   
                   
                 Enhancement Service limits or 
               
               
                   
                   
                 qualification criteria (eg individual 
               
               
                   
                   
                 transaction limits, daily limits, annual 
               
               
                   
                   
                 limits, time or place of transaction) 
               
               
                   
                   
                 Enhancement Service expiry date 
               
               
                   
                   
                 Account Keeper ID number 
               
               
                   
                   
                 Payer/Receiver Account Number/sub- 
               
               
                   
                   
                 Account number at Account Keeper that 
               
               
                   
                   
                 will be using service Registration ID 
               
               
                   
                   
                 number 
               
               
                   
               
             
          
         
       
     
         [0000]    
       
         
               
             
               
               
               
             
           
               
                   
               
               
                 FIG. 10 
               
             
          
           
               
                 Mes- 
                   
                   
               
               
                 sage 
                 Description 
                 Data Elements 
               
               
                   
               
               
                 401 
                 Receiver requests 
                 Unique transaction ID 
               
               
                   
                 payment 
                 Transaction $ 
               
               
                   
                   
                 Transaction date/time 
               
               
                   
                   
                 Receiver ID 
               
               
                   
                   
                 Location ID 
               
               
                   
                   
                 Terminal ID 
               
               
                   
                   
                 Goods or service SKU (multiple) 
               
               
                   
                   
                 Goods or service description (multiple) 
               
               
                 402 
                 Payer provides 
                 Payer ID 
               
               
                   
                 payment particulars. 
                 Card ID (if used) 
               
               
                   
                   
                 Payer Identity token (eg PIN) 
               
               
                   
                   
                 Payer Account Keeper ID 
               
               
                   
                   
                 Payer Account No. of facility to be 
               
               
                   
                   
                 debited 
               
               
                 403 
                 Receiver sends 
                 Date/time 
               
               
                   
                 payment particulars 
                 Unique transaction ID 
               
               
                   
                 and details of financial 
                 Transaction $ 
               
               
                   
                 transaction to TX 
                 Transaction date/time 
               
               
                   
                   
                 Goods or service SKU (optional/multiple) 
               
               
                   
                   
                 Goods or service description 
               
               
                   
                   
                 (optional/multiple) 
               
               
                   
                   
                 Payer ID 
               
               
                   
                   
                 Card ID (if used) 
               
               
                   
                   
                 Payer Identity token (eg PIN) 
               
               
                   
                   
                 Payer Account Keeper ID 
               
               
                   
                   
                 Payer Account No. of facility to be 
               
               
                   
                   
                 debited 
               
               
                   
                   
                 Receiver ID 
               
               
                   
                   
                 Receiver Identity Token 
               
               
                   
                   
                 Location ID 
               
               
                   
                   
                 Terminal ID (if used) 
               
               
                   
                   
                 Receiver Account Keeper ID 
               
               
                   
                   
                 Receiver Account No. of facility to be 
               
               
                   
                   
                 credited 
               
               
                 404 
                 TX sends payment 
                 Date/time 
               
               
                   
                 particulars and details 
                 Unique transaction ID 
               
               
                   
                 of financial transaction 
                 Transaction $ 
               
               
                   
                 to Payer Account 
                 Transaction date/time 
               
               
                   
                 Keeper (Alternatively 
                 Goods or service SKU (optional/multiple) 
               
               
                   
                 TX authorises 
                 Goods or service description 
               
               
                   
                 transaction according 
                 (optional/multiple) 
               
               
                   
                 to operating 
                 Payer ID 
               
               
                   
                 instructions provided 
                 Card ID (if used) 
               
               
                   
                 by Payer Account 
                 Payer Identity token (eg PIN) 
               
               
                   
                 Keeper) 
                 Payer Account Keeper ID 
               
               
                   
                   
                 Payer Account No. of facility to be 
               
               
                   
                   
                 debited 
               
               
                   
                   
                 Receiver ID 
               
               
                   
                   
                 Location ID 
               
               
                   
                   
                 Terminal ID (if used) 
               
               
                 405 
                 If transaction outside 
                 Date/time 
               
               
                   
                 Payer Account Keeper 
                 Unique transaction ID 
               
               
                   
                 Authority, seek 
                 Transaction $ 
               
               
                   
                 authorisation authority 
                 Reason for referral to FM/FP 
               
               
                   
                 from Fund 
                 Payer ID 
               
               
                   
                 Manager/Fund 
                 Account Keeper ID 
               
               
                   
                 Provider (if an option) 
                 Account No. of facility to be debited 
               
               
                   
                   
                 Account limits 
               
               
                   
                   
                 Account authorities (eg maximum $ debit 
               
               
                   
                   
                 per day) 
               
               
                   
                   
                 Account activity (eg $ debit current day) 
               
               
                   
                   
                 Fund Manager/Fund Provider ID linked to 
               
               
                   
                   
                 account 
               
               
                 406 
                 Authorisation response 
                 Unique transaction ID 
               
               
                   
                 from Fund 
                 Transaction $ 
               
               
                   
                 Manager/Fund 
                 Payer ID 
               
               
                   
                 Provider to Payer 
                 Account Keeper ID 
               
               
                   
                 Account Keeper 
                 Account No. of facility to be debited 
               
               
                   
                   
                 Fund Manager/Fund Provider ID linked to 
               
               
                   
                   
                 account 
               
               
                   
                   
                 Authorisation response 
               
               
                 407 
                 Authorisation response 
                 Unique transaction ID 
               
               
                   
                 from Payer Account 
                 Payer ID 
               
               
                   
                 Keeper to TX 
                 Authorisation response 
               
               
                 408 
                 Authorisation response 
                 Unique transaction ID 
               
               
                   
                 from TX to Receiver 
                 Payer ID 
               
               
                   
                   
                 Authorisation response 
               
               
                 409 
                 TX sends payment 
                 Unique transaction ID 
               
               
                   
                 particulars and details 
                 Authorisation response 
               
               
                   
                 of financial transaction 
                 Transaction $ 
               
               
                   
                 to Receiver Account 
                 Transaction date/time 
               
               
                   
                 Keeper (if transaction 
                 Payer ID 
               
               
                   
                 approved) 
                 Card ID (if used) 
               
               
                   
                   
                 Payer Account Keeper ID 
               
               
                   
                   
                 Payer Account No. of facility to be 
               
               
                   
                   
                 debited 
               
               
                   
                   
                 Receiver ID 
               
               
                   
                   
                 Receiver Identity Token 
               
               
                   
                   
                 Location ID 
               
               
                   
                   
                 Terminal ID (if used) 
               
               
                   
                   
                 Receiver Account Keeper ID 
               
               
                   
                   
                 Receiver Account No. of facility to be 
               
               
                   
                   
                 credited 
               
               
                 421 
                 Settlement between 
                 Date/time 
               
               
                   
                 Payer Account 
                 Payer Account Keeper ID 
               
               
                   
                 Keepers and Receiver 
                 Payer Account Keeper Settlement 
               
               
                   
                 Account Keepers 
                 Account Number 
               
               
                   
                 through TX 
                 Receiver Account Keeper ID 
               
               
                   
                   
                 Receiver Account Keeper Settlement 
               
               
                   
                   
                 Account Number 
               
               
                   
                   
                 Gross $ settlement position of Payer 
               
               
                   
                   
                 Account Keeper to all Receiver Account 
               
               
                   
                   
                 Keepers 
               
               
                   
                   
                 Net $ settlement position of Payer 
               
               
                   
                   
                 Account Keeper to all Receiver Account 
               
               
                   
                   
                 Keepers (Payer Account Keeper could 
               
               
                   
                   
                 also be Receiver Account Keeper) 
               
               
                   
                   
                 Gross $ settlement position of Receiver 
               
               
                   
                   
                 Account Keeper to all Payer Account 
               
               
                   
                   
                 Keepers 
               
               
                   
                   
                 Net $ settlement position of Receiver 
               
               
                   
                   
                 Account Keeper to all Payer Account 
               
               
                   
                   
                 Keepers (Receiver Account Keeper could 
               
               
                   
                   
                 also be Payer Account Keeper) 
               
               
                 423 
                 Settlement between 
                 Date/time 
               
               
                   
                 Payer Account 
                 Payer Account Keeper ID 
               
               
                   
                 Keepers and Payer 
                 Payer Account Keeper Settlement 
               
               
                   
                 Fund Managers/Fund 
                 Account Number 
               
               
                   
                 Providers 
                 Fund Manager/Fund Provider ID 
               
               
                   
                   
                 Fund Manager/Fund Provider Settlement 
               
               
                   
                   
                 Account Number 
               
               
                   
                   
                 Gross $ settlement positions of Payer 
               
               
                   
                   
                 Account Keeper to Payer Fund 
               
               
                   
                   
                 Manager/Fund Provider 
               
               
                   
                   
                 Net $ settlement positions of Payer 
               
               
                   
                   
                 Account Keeper to Payer Fund 
               
               
                   
                   
                 Manager/Fund Provider 
               
               
                 425 
                 Settlement between 
                 Date/time 
               
               
                   
                 Receiver Account 
                 Receiver Account Keeper ID 
               
               
                   
                 Keepers and Receiver 
                 Receiver Account Keeper Settlement 
               
               
                   
                 Fund Managers/Fund 
                 Account Number 
               
               
                   
                 Providers 
                 Fund Manager/Fund Provider ID 
               
               
                   
                   
                 Fund Manager/Fund Provider Settlement 
               
               
                   
                   
                 Account Number Gross $ settlement 
               
               
                   
                   
                 positions of Receiver Account Keeper to 
               
               
                   
                   
                 Payer Fund Manager/Fund Provider 
               
               
                   
                   
                 Net $ settlement positions of Receiver 
               
               
                   
                   
                 Account Keeper to Receiver Fund 
               
               
                   
                   
                 Manager/Fund Provider 
               
               
                   
               
             
          
         
       
     
         [0000]    
       
         
               
             
               
               
               
             
           
               
                   
               
               
                 FIG. 11 
               
             
          
           
               
                 Mes- 
                   
                   
               
               
                 sage 
                 Description 
                 Data Elements 
               
               
                   
               
               
                 431 
                 Receiver notifies Payer 
                 Statement/bill/invoice ID (not required for 
               
               
                   
                 of payment demand 
                 gift/donation) 
               
               
                   
                 and Receiver payment 
                 Unique transaction ID 
               
               
                   
                 particulars, or Payer 
                 Transaction $ 
               
               
                   
                 obtains details of 
                 Transaction date/time 
               
               
                   
                 Receiver payment 
                 Goods or service SKU (optional/multiple) 
               
               
                   
                 particulars (eg if Payer 
                 (not required for gift/donation) 
               
               
                   
                 making gift or 
                 Goods or service description 
               
               
                   
                 donation) 
                 (optional/multiple) (not required for 
               
               
                   
                   
                 gift/donation) 
               
               
                   
                   
                 Receiver ID (not required for 
               
               
                   
                   
                 gift/donation) 
               
               
                   
                   
                 Location ID (not required for 
               
               
                   
                   
                 gift/donation) 
               
               
                   
                   
                 Receiver Account Keeper ID 
               
               
                   
                   
                 Receiver Account No. of facility to be 
               
               
                   
                   
                 credited 
               
               
                 433 
                 Payer requests Payer 
                 Statement/bill/invoice ID (not required for 
               
               
                   
                 Account Keeper to 
                 gift/donation) 
               
               
                   
                 make payment. 
                 Unique transaction ID 
               
               
                   
                   
                 Transaction $ 
               
               
                   
                   
                 Transaction date/time 
               
               
                   
                   
                 Receiver ID (not required for 
               
               
                   
                   
                 gift/donation) 
               
               
                   
                   
                 Location ID (not required for 
               
               
                   
                   
                 gift/donation) 
               
               
                   
                   
                 Receiver Account Keeper ID 
               
               
                   
                   
                 Payer ID 
               
               
                   
                   
                 Card ID (if used) 
               
               
                   
                   
                 Payer Identity token (eg PIN) 
               
               
                   
                   
                 Payer Account Keeper ID 
               
               
                   
                   
                 Payer Account No. of facility to be 
               
               
                   
                   
                 debited 
               
               
                 437 
                 If transaction outside 
                 Date/time 
               
               
                   
                 Payer Account Keeper 
                 Unique transaction ID 
               
               
                   
                 Authority, seek 
                 Transaction $ 
               
               
                   
                 authorisation authority 
                 Payer ID 
               
               
                   
                 from Fund 
                 Account Keeper ID 
               
               
                   
                 Manager/Fund 
                 Account No. of facility to be debited 
               
               
                   
                 Provider (if an option) 
                 Account limits 
               
               
                   
                   
                 Account authorities (eg maximum $ debit 
               
               
                   
                   
                 per day) 
               
               
                   
                   
                 Account activity (eg $ debit current day) 
               
               
                   
                   
                 Fund Manager/Fund Provider ID linked to 
               
               
                   
                   
                 account 
               
               
                   
                   
                 Reason for referral to FM/FP 
               
               
                 439 
                 Authorisation response 
                 Date/time 
               
               
                   
                 from Fund 
                 Unique transaction ID 
               
               
                   
                 Manager/Fund 
                 Transaction $ 
               
               
                   
                 Provider to Payer 
                 Payer ID 
               
               
                   
                 Account Keeper 
                 Account Keeper ID 
               
               
                   
                   
                 Account No. of facility to be debited 
               
               
                   
                   
                 Fund Manager/Fund Provider ID linked to 
               
               
                   
                   
                 account 
               
               
                   
                   
                 Authorisation response 
               
               
                 441 
                 Authorisation response 
                 Date/time 
               
               
                   
                 from Payer Account 
                 Unique transaction ID 
               
               
                   
                 Keeper to Payer 
                 Payer ID 
               
               
                   
                   
                 Authorisation response 
               
               
                 443 
                 Payer Account Keeper 
                 Date/time 
               
               
                   
                 sends payment 
                 Statement/bill/invoice ID 
               
               
                   
                 particulars and details 
                 Unique transaction ID 
               
               
                   
                 of financial transaction 
                 Transaction $ 
               
               
                   
                 to TX 
                 Transaction date/time 
               
               
                   
                   
                 Goods or service SKU (optional/multiple) 
               
               
                   
                   
                 Goods or service description 
               
               
                   
                   
                 (optional/multiple) 
               
               
                   
                   
                 Receiver ID 
               
               
                   
                   
                 Location ID 
               
               
                   
                   
                 Receiver Account Keeper ID 
               
               
                   
                   
                 Receiver Account No. of facility to be 
               
               
                   
                   
                 credited 
               
               
                   
                   
                 Payer ID 
               
               
                   
                   
                 Payer Account Keeper ID 
               
               
                   
                   
                 Authorisation response 
               
               
                 445 
                 TX sends payment 
                 Date/time 
               
               
                   
                 particulars and details 
                 Statement/bill/invoice ID 
               
               
                   
                 of financial transaction 
                 Unique transaction ID 
               
               
                   
                 to Receiver Account 
                 Transaction $ 
               
               
                   
                 Keeper 
                 Transaction date/time 
               
               
                   
                   
                 Goods or service SKU (optional/multiple) 
               
               
                   
                   
                 Goods or service description 
               
               
                   
                   
                 (optional/multiple) 
               
               
                   
                   
                 Receiver ID 
               
               
                   
                   
                 Location ID 
               
               
                   
                   
                 Receiver Account Keeper ID 
               
               
                   
                   
                 Receiver Account No. of facility to be 
               
               
                   
                   
                 credited 
               
               
                   
                   
                 Payer ID 
               
               
                   
                   
                 Payer Account Keeper ID 
               
               
                   
                   
                 Authorisation response 
               
               
                 446 
                 Receiver Account 
                 Date/time 
               
               
                   
                 Keeper sends message 
                 Statement/bill/invoice ID 
               
               
                   
                 to Payer&#39;s Account 
                 Unique transaction ID 
               
               
                   
                 Keeper via TX 
                 Transaction $ 
               
               
                   
                 confirming that 
                 Transaction date/time 
               
               
                   
                 financial transaction 
                 Receiver ID 
               
               
                   
                 has been successfully 
                 Payer ID 
               
               
                   
                 posted to Receivers 
                 Payer Account Keeper ID 
               
               
                   
                 Account 
                 Confirmation receipt number 
               
               
                 447 
                 TX sends confirmation 
                 Date/time 
               
               
                   
                 message to Payer&#39;s 
                 Statement/bill/invoice ID 
               
               
                   
                 Account Keeper 
                 Unique transaction ID 
               
               
                   
                   
                 Transaction $ 
               
               
                   
                   
                 Transaction date/time 
               
               
                   
                   
                 Receiver ID 
               
               
                   
                   
                 Payer ID 
               
               
                   
                   
                 Payer Account Keeper ID 
               
               
                   
                   
                 Confirmation receipt number 
               
               
                 448 
                 Payer&#39;s Account 
                 Date/time 
               
               
                   
                 Keeper sends 
                 Statement/bill/invoice ID 
               
               
                   
                 confirmation message 
                 Unique transaction ID 
               
               
                   
                 to Payer 
                 Transaction $ 
               
               
                   
                   
                 Transaction date/time 
               
               
                   
                   
                 Receiver ID 
               
               
                   
                   
                 Payer ID 
               
               
                   
                   
                 Payer Account Keeper ID 
               
               
                   
                   
                 Confirmation receipt number 
               
               
                 449 
                 Settlement between 
                 Date/time 
               
               
                   
                 Payer Account 
                 Payer Account Keeper ID 
               
               
                   
                 Keepers and Receiver 
                 Payer Account Keeper Settlement 
               
               
                   
                 Account Keepers 
                 Account Number 
               
               
                   
                 through TX 
                 Receiver Account Keeper ID 
               
               
                   
                   
                 Receiver Account Keeper Settlement 
               
               
                   
                   
                 Account Number 
               
               
                   
                   
                 Gross $ settlement position of Payer 
               
               
                   
                   
                 Account Keeper to all Receiver Account 
               
               
                   
                   
                 Keepers 
               
               
                   
                   
                 Net $ settlement position of Payer 
               
               
                   
                   
                 Account Keeper to all Receiver Account 
               
               
                   
                   
                 Keepers (Payer Account Keeper could 
               
               
                   
                   
                 also be Receiver Account Keeper) 
               
               
                   
                   
                 Gross $ settlement position of Receiver 
               
               
                   
                   
                 Account Keeper to all Payer Account 
               
               
                   
                   
                 Keepers 
               
               
                   
                   
                 Net $ settlement position of Receiver 
               
               
                   
                   
                 Account Keeper to all Payer Account 
               
               
                   
                   
                 Keepers (Receiver Account Keeper could 
               
               
                   
                   
                 also be Payer Account Keeper) 
               
               
                 451 
                 Settlement between 
                 Date/time 
               
               
                   
                 Payer Account 
                 Payer Account Keeper ID 
               
               
                   
                 Keepers and Payer 
                 Payer Account Keeper Settlement 
               
               
                   
                 Fund Managers/Fund 
                 Account Number 
               
               
                   
                 Providers 
                 Fund Manager/Fund Provider ID 
               
               
                   
                   
                 Fund Manager/Fund Provider Settlement 
               
               
                   
                   
                 Account Number 
               
               
                   
                   
                 Gross $ settlement positions of Payer 
               
               
                   
                   
                 Account Keeper to Payer Fund 
               
               
                   
                   
                 Manager/Fund Provider 
               
               
                   
                   
                 Net $ settlement positions of Payer 
               
               
                   
                   
                 Account Keeper to Payer Fund 
               
               
                   
                   
                 Manager/Fund Provider 
               
               
                 453 
                 Settlement between 
                 Date/time 
               
               
                   
                 Receiver Account 
                 Receiver Account Keeper ID 
               
               
                   
                 Keepers and Receiver 
                 Receiver Account Keeper Settlement 
               
               
                   
                 Fund Managers/Fund 
                 Account Number 
               
               
                   
                 Providers 
                 Fund Manager/Fund Provider ID 
               
               
                   
                   
                 Fund Manager/Fund Provider Settlement 
               
               
                   
                   
                 Account Number Gross $ settlement 
               
               
                   
                   
                 positions of Receiver Account Keeper to 
               
               
                   
                   
                 Payer Fund Manager/Fund Provider 
               
               
                   
                   
                 Net $ settlement positions of Receiver 
               
               
                   
                   
                 Account Keeper to Receiver Fund 
               
               
                   
                   
                 Manager/Fund Provider 
               
               
                   
               
             
          
         
       
     
         [0000]    
       
         
               
             
               
               
               
             
           
               
                   
               
               
                 FIG. 12 
               
             
          
           
               
                   
                 Description 
                   
               
               
                   
                 NOTE: Financial aspects 
               
               
                   
                 of transaction 
               
               
                   
                 occur as per 
               
               
                 Mes- 
                 FIG. 10 or 
               
               
                 sage 
                 FIG. 11 
                 Data Elements 
               
               
                   
               
               
                 501 
                 Enhancement Service 
                 Enhancement Service Provider ID 
               
               
                   
                 criteria to be used to 
                 Date/Time criteria sent 
               
               
                   
                 identify qualifying 
                 Service ID number 
               
               
                   
                 transactions advised to 
                 Qualification criteria ID number 
               
               
                   
                 Enhancement Service 
                 Service delivery indicator: Automated 
               
               
                   
                 Processor by 
                 or by request 
               
               
                   
                 Enhancement Service 
                 Criteria for identifying qualifying 
               
               
                   
                 Provider 
                 transactions 
               
               
                   
                   
                 Date/time criteria effective 
               
               
                   
                   
                 from/to 
               
               
                   
                   
                 Class of Service Provider (eg 
               
               
                   
                   
                 AK, FM/FP ID) 
               
               
                   
                   
                 Transaction $ 
               
               
                   
                   
                 Transaction date/time 
               
               
                   
                   
                 Goods or service SKU 
               
               
                   
                   
                 (optional/multiple) 
               
               
                   
                   
                 Payer or Receiver IDs 
               
               
                 503 
                 Enhancement Service 
                 Enhancement Service Processor ID 
               
               
                   
                 criteria to be used to 
                 Enhancement Service Provider ID 
               
               
                   
                 identify qualifying 
                 Date/Time criteria sent 
               
               
                   
                 transactions advised to 
                 Qualification criteria ID number 
               
               
                   
                 TX by Enhancement 
                 Criteria for identifying qualifying 
               
               
                   
                 Service Processor 
                 transactions 
               
               
                   
                   
                 Date/time criteria effective 
               
               
                   
                   
                 from/to 
               
               
                   
                   
                 Class of Service Provider (eg 
               
               
                   
                   
                 AK, FM/FP ID) 
               
               
                   
                   
                 Transaction $ 
               
               
                   
                   
                 Transaction date/time 
               
               
                   
                   
                 Goods or service SKU 
               
               
                   
                   
                 (optional/multiple) 
               
               
                   
                   
                 Payer or Receiver IDs 
               
               
                 505 
                 TX transmits qualifying 
                 Enhancement Service Processor ID 
               
               
                   
                 transactions to 
                 Qualification criteria ID number 
               
               
                   
                 Enhancement Service 
                 Transactions details 
               
               
                   
                 Processor 
                 Transaction $ 
               
               
                   
                   
                 Transaction date/time 
               
               
                   
                   
                 Goods or service SKU 
               
               
                   
                   
                 (optional/multiple) 
               
               
                   
                   
                 Payer or Receiver IDs (eg card 
               
               
                   
                   
                 number) 
               
               
                   
                   
                 Payer or Receiver Account 
               
               
                   
                   
                 Keeper ID 
               
               
                   
                   
                 Payer or Receiver Account No. 
               
               
                   
                   
                 transaction debited to 
               
               
                   
                   
                 Receiver ID 
               
               
                   
                   
                 Location ID 
               
               
                 507 
                 Enhancement Service 
                 Service Provider ID 
               
               
                   
                 Processor sends details 
                 Service type ID 
               
               
                   
                 of qualifying 
                 Value of service accrued 
               
               
                   
                 transactions to 
                 Payer or Receiver ID 
               
               
                   
                 Enhancement Service 
                 Card ID (if used) 
               
               
                   
                 Provider and value of 
                 Payer or Receiver Account Keeper ID 
               
               
                   
                 service accrued. 
                 Payer or Receiver Account No. 
               
               
                   
                   
                 transaction debited to 
               
               
                   
                   
                 Payer or Receiver Fund Manager/Fund 
               
               
                   
                   
                 Provider ID for Payer or Receiver 
               
               
                   
                   
                 Account 
               
               
                   
                   
                 Unique transaction ID 
               
               
                   
                   
                 Transaction $ 
               
               
                   
                   
                 Transaction date/time 
               
               
                   
                   
                 Goods or service SKU (optional/ 
               
               
                   
                   
                 multiple) 
               
               
                   
                   
                 Goods or service description 
               
               
                   
                   
                 (optional/multiple) 
               
               
                   
                   
                 Receiver ID 
               
               
                   
                   
                 Location ID 
               
               
                 509 
                 Payer or Receiver 
                 Payer or Receiver ID 
               
               
                   
                 requests details of 
                 Service ID 
               
               
                   
                 qualifying transactions 
                 Service Provider ID number 
               
               
                   
                 and value of service 
               
               
                   
                 accrued from 
               
               
                   
                 Enhancement Service 
               
               
                   
                 Provider. 
               
               
                 511 
                 Enhancement Service 
                 Payer or Receiver ID 
               
               
                   
                 Provider provides 
                 Service ID (if used) 
               
               
                   
                 details of qualifying 
                 Service Provider ID number 
               
               
                   
                 transactions and value 
                 Value of service accrued 
               
               
                   
                 of service accrued to 
                 Period of service accrual 
               
               
                   
                 Payer or Receiver 
                 Message from Enhancement Service 
               
               
                   
                   
                 Provider 
               
               
                 513 
                 Payer or Receiver 
                 Service Provider ID 
               
               
                   
                 requests service 
                 Service type ID 
               
               
                   
                 delivery (required if non 
                 Payer or Receiver ID 
               
               
                   
                 automated delivery of 
                 Value of service requested 
               
               
                   
                 service eg extended 
               
               
                   
                 product warranty) 
               
               
                 515 
                 Enhancement Service 
                 Service Provider ID 
               
               
                   
                 Provider checks against 
                 Service type ID 
               
               
                   
                 accrued service earned 
                 Payer or Receiver ID 
               
               
                   
                 and delivers benefit to 
                 Value of service requested 
               
               
                   
                 Payer or Receiver 
                 Value of service accrued 
               
               
                   
               
             
          
         
       
     
         [0000]    
       
         
               
             
               
               
               
             
           
               
                   
               
               
                 FIG. 13 
               
             
          
           
               
                   
                 Description 
                   
               
               
                   
                 NOTE: Financial 
               
               
                   
                 aspects 
               
               
                   
                 of transaction 
               
               
                 Mes- 
                 occur as per 
               
               
                 sage 
                 FIG. 10 or 11 
                 Data Elements 
               
               
                   
               
               
                 571 
                 Enhancement Service 
                 Enhancement Service Provider ID 
               
               
                   
                 criteria to be used to 
                 Date/Time criteria sent 
               
               
                   
                 identify qualifying 
                 Service ID 
               
               
                   
                 transactions advised to 
                 Service delivery indicator: Automated or 
               
               
                   
                 Enhancement Service 
                 by request 
               
               
                   
                 Processor by 
                 Criteria for identifying qualifying 
               
               
                   
                 Enhancement Service 
                 transactions 
               
               
                   
                 Provider 
                 Date/time criteria effective 
               
               
                   
                   
                 from/to 
               
               
                   
                   
                 Class of Service Provider (eg 
               
               
                   
                   
                 AK, FM/FP ID) 
               
               
                   
                   
                 Transaction $ 
               
               
                   
                   
                 Transaction date/time 
               
               
                   
                   
                 Goods or service SKU 
               
               
                   
                   
                 (optional/multiple) 
               
               
                   
                   
                 Payer IDs 
               
               
                 573 
                 Enhancement Service 
                 Enhancement Service Processor ID 
               
               
                   
                 criteria to be used to 
                 Enhancement Service Provider ID 
               
               
                   
                 identify qualifying 
                 Date/Time criteria sent 
               
               
                   
                 transactions advised to 
                 Qualification criteria ID number 
               
               
                   
                 TX by Enhancement 
                 Criteria for identifying qualifying 
               
               
                   
                 Service Processor 
                 transactions 
               
               
                   
                   
                 Date/time criteria effective 
               
               
                   
                   
                 from/to 
               
               
                   
                   
                 Class of Service Provider (eg 
               
               
                   
                   
                 AK, FM/FP ID) 
               
               
                   
                   
                 Transaction $ 
               
               
                   
                   
                 Transaction date/time 
               
               
                   
                   
                 Goods or service SKU 
               
               
                   
                   
                 (optional/multiple) 
               
               
                   
                   
                 Payer IDs 
               
               
                 575 
                 TX transmits 
                 Enhancement Service Processor ID 
               
               
                   
                 qualifying transactions 
                 Qualification criteria ID number 
               
               
                   
                 to Enhancement 
                 Transactions details 
               
               
                   
                 Service Processor 
                 Transaction $ 
               
               
                   
                   
                 Transaction date/time 
               
               
                   
                   
                 Goods or service SKU 
               
               
                   
                   
                 (optional/multiple) 
               
               
                   
                   
                 Payer IDs (eg card number) 
               
               
                   
                   
                 Payer Account Keeper ID 
               
               
                   
                   
                 Payer Account No. transaction 
               
               
                   
                   
                 debited to 
               
               
                   
                   
                 Receiver ID 
               
               
                   
                   
                 Location ID 
               
               
                 577 
                 Enhancement Service 
                 Service Provider ID 
               
               
                   
                 Processor sends details 
                 Service type ID 
               
               
                   
                 of qualifying 
                 Value of service accrued 
               
               
                   
                 transactions to 
                 Payer ID 
               
               
                   
                 Receiver Enhancement 
                 Payer Account Keeper ID 
               
               
                   
                 Service Provider (if 
                 Payer Account No. transaction debited to 
               
               
                   
                 also performing 
                 Payer Fund Manager/Fund provider ID 
               
               
                   
                 accrual calculation 
                 for Payer Account 
               
               
                   
                 message may be 
                 Unique transaction ID 
               
               
                   
                 limited to value of 
                 Transaction $ 
               
               
                   
                 service accrued) 
                 Transaction date/time 
               
               
                   
                   
                 Goods or service SKU (optional/multiple) 
               
               
                   
                   
                 Goods or service description 
               
               
                   
                   
                 (optional/multiple) 
               
               
                   
                   
                 Receiver ID 
               
               
                   
                   
                 Receiver Account Keeper ID 
               
               
                   
                   
                 Receiver Account No. transaction debited 
               
               
                   
                   
                 to 
               
               
                 579 
                 Payer requests details 
                 Payer ID 
               
               
                   
                 of qualifying 
                 Service ID 
               
               
                   
                 transactions and value 
                 Service Provider ID number 
               
               
                   
                 of service accrued 
               
               
                   
                 from Enhancement 
               
               
                   
                 Service Provider. 
               
               
                 581 
                 Enhancement Service 
                 Payer ID 
               
               
                   
                 Provider provides 
                 Service ID (if used) 
               
               
                   
                 details of qualifying 
                 Service Provider ID number 
               
               
                   
                 transactions and value 
                 Value of service accrued 
               
               
                   
                 of service accrued to 
                 Period of service accrual 
               
               
                   
                 Payer 
                 Message from Enhancement Service 
               
               
                   
                   
                 Provider 
               
               
                 583 
                 Payer requests service 
                 Service Provider ID 
               
               
                   
                 delivery (required if 
                 Service type ID 
               
               
                   
                 non automated 
                 Payer ID 
               
               
                   
                 delivery of service eg 
                 Receiver ID 
               
               
                   
                 extended product 
                 Value of service requested 
               
               
                   
                 warranty, or 
               
               
                   
                 redemption of accrued 
               
               
                   
                 loyalty points) 
               
               
                 585 
                 Enhancement Service 
                 Service Provider ID 
               
               
                   
                 Provider or 
                 Service type ID 
               
               
                   
                 Enhancement Service 
                 Payer ID 
               
               
                   
                 Processor check 
                 Receiver ID 
               
               
                   
                 against accrued 
                 Value of service requested 
               
               
                   
                 service earned and 
                 Value of service accrued 
               
               
                   
                 delivers benefit to 
               
               
                   
                 Payer 
               
               
                 597 
                 Enhancement Service 
                 Service Provider ID 
               
               
                   
                 Provider advises 
                 Service type ID 
               
               
                   
                 Receiver the value of 
                 Payer ID 
               
               
                   
                 services accrued and 
                 Receiver ID 
               
               
                   
                 services delivered to 
                 Value of service delivered 
               
               
                   
                 Payers 
               
               
                 599 
                 Receiver settles with 
                 Service Provider ID 
               
               
                   
                 Enhancement Service 
                 Service type ID 
               
               
                   
                 Provider in accordance 
                 Payer ID 
               
               
                   
                 with their commercial 
                 Receiver ID 
               
               
                   
                 agreement 
                 Value of service delivered