Patent ID: 8433652

Claim:
A computer implemented payment processing method for facilitating electronic purchase transactions by a purchaser from a merchant, the method implementing a payment processing system including at least one computer processor and at least one computer memory, the method comprising: processing, at the least one computer processor of the payment processing system, a purchaser login to the payment processing system and performing authentication to authenticate the purchaser; receiving, at the at least one computer processor of the payment processing system, a payment request from the merchant associated with the electronic purchase transaction, the request including order information and an amount of purchase; performing verification procedures to verify funds available at the payment processing system based on the order information and the amount of purchase; determining whether the cash payment can be completed based on the verification procedures; and causing, with the at least one computer processor, a payment message to be pushed to the merchant without purchaser account information, the cash payment to be released to the merchant in response to a determination that the cash payment can be completed.