Patent ID: 8498934

Claim:
A multi-account payment consolidation system, comprising: a payment terminal at a point-of-sale to initiate a payment of a single transaction; and a central computer system, operatively coupled to the payment terminal through a network connection, wherein the central computer system including at least: a processor; and memory comprising program instructions, wherein the program instructions are executable by the processor to: register a plurality of external financial accounts and associate them with a user; register at least one user-defined customized rule-set to process a payment associated with the user; authenticate the user when the user logs in at the payment terminal; automatically process the payment in accordance with the customized rule-set by accessing the external financial accounts, wherein the customized rule-set directs at least a rule that the payment of the single transaction be apportioned between more than one of the external financial accounts in accordance with the user-defined customized rule-set; and receive a payment confirmation from the external financial accounts to display to the user on the payment terminal.