Patent ID: 7958030

Claim:
An issuer originated bill payment system for processing a request for on-line banking payment of a bill associated with a biller, the system comprising: a payment transaction processing system configured to receive an on-line banking bill payment request for paying a bill using an account associated with a portable consumer device, wherein the bill payment request is originated by an entity different from the biller associated with the bill; and an authorization and settlement processing system configured to interact with an issuer of the portable consumer device and an acquirer to process the on-line banking bill payment request to satisfy payment of the bill using the account associated with the portable consumer device, wherein the payment transaction processing system and the authorization and settlement processing system are between the issuer and the acquirer and are configured to use the bill payment request to generate a transaction message that is sent to the issuer before communicating with the acquirer associated with the biller, wherein the issuer is configured to approve or decline the transaction message for the on-line banking bill payment request before the issuer originated bill payment system communicates with the acquirer and send a response message indicating whether the transaction message was approved or denied to the authorization and settlement processing system, wherein the authorization and settlement processing system is configured to generate remittance information for the biller when the transaction message is approved, wherein the authorization and settlement processing system is configured to send the remittance information to the acquirer, wherein the acquirer communicates the remittance information to the biller associated with the on-line banking bill payment request, and wherein the remittance information is used to settle the bill, wherein the issuer is the entity that originates the bill payment request, and the bill payment request is originated after a user of the portable consumer device contacts the issuer, and wherein the issuer is a bank that issues the portable consumer device, and wherein the acquirer is a bank that has a business relationship with the biller.