Patent ID: 7720756

Claim:
A computer-implemented method for a first bank, on behalf of a buyer, to make a payment to a second bank for a seller, comprising: under control of instructions that are executed by one or more computing devices: receiving an electronic communication from a buyer's communicator over a first communication link; responsive to the communication, associating the buyer's communicator with an account held for the buyer; receiving over the first communication link electronic identification data for contacting the second bank; contacting the second bank over a second communication link using the electronic identification data; receiving over the first communication link electronic data corresponding to an amount of the payment; transmitting to the second bank over the second communication link an electronic payment code corresponding to the amount; causing the account to be debited in accordance with the amount; responsive to transmitting the electronic payment code, receiving from the second bank over the second communication link an electronic payment confirmation code; and transmitting the electronic payment confirmation code from the first bank to an instrumentality of the seller via the buyer's communicator, using the first communication link.