Global Patent Index - EP 0995174 A1

EP 0995174 A1 2000-04-26 - AUTOMATED LOAN REPAYMENT

Title (en)

AUTOMATED LOAN REPAYMENT

Title (de)

AUTOMATISCHE DARLEHNZURÜCKZAHLUNG

Title (fr)

REMBOURSEMENT DE PRET AUTOMATISE

Publication

EP 0995174 A1 (EN)

Application

EP 98931616 A

Priority

  • US 9813277 W
  • US 89039897 A
  • US 4606298 A

Abstract (en)

[origin: WO9903076A1] Systems and methods for automated payment involve utilizing consumer payment authorization, clearing, and settlement systems to allow a merchant to reduce or eliminate an amount owed to another entity for services, products, and/or cash advances provided to the merchant. After a customer identifier (e.g., a credit, debit, smart, charge, payment, etc. card account number) is accepted as payment from the customer, information related to the payment is forwarded to a merchant processor. The merchant processor acquires the information related to the payment, processes that information, and forwards at least a portion of the payment to a receiver as payment for at least a portion of the amount owed by the merchant. The receiver receives the portion of the payment forwarded by the merchant processor and applies that portion to the amount owed by the merchant to reduce or eliminate that outstanding amount.

IPC 1-7 (main, further and additional classification)

G07F 7/10; G07F 7/00

IPC 8 full level (invention and additional information)

G07F 7/00 (2006.01); G06Q 20/00 (2012.01); G07F 7/08 (2006.01); G07F 7/10 (2006.01)

CPC (invention and additional information)

G07F 7/0866 (2013.01); G06Q 20/04 (2013.01); G06Q 20/10 (2013.01); G06Q 20/12 (2013.01); G06Q 20/363 (2013.01)

Citation (search report)

See references of WO 9903075A1

Designated contracting state (EPC)

AT BE CH CY DE DK ES FI FR GB GR IE IT LI LU MC NL PT SE

EPO simple patent family

WO 9903076 A1 19990121; AU 7988598 A 19990208; AU 8169698 A 19990208; CA 2295613 A1 19990121; CA 2295615 A1 19990121; EP 0995173 A1 20000426; EP 0995174 A1 20000426; JP 2001509628 A 20010724; JP 2001509629 A 20010724; WO 9903075 A1 19990121

INPADOC legal status


2003-04-16 [18D] DEEMED TO BE WITHDRAWN

- Effective date: 20020930

2002-05-02 [17Q] FIRST EXAMINATION REPORT

- Effective date: 20020318

2002-03-06 [RAP1] TRANSFER OF RIGHTS OF AN EP PUBLISHED APPLICATION

- Owner name: ADVANCEME, INC.

2000-04-26 [17P] REQUEST FOR EXAMINATION FILED

- Effective date: 20000203

2000-04-26 [AK] DESIGNATED CONTRACTING STATES:

- Kind Code of Ref Document: A1

- Designated State(s): AT BE CH CY DE DK ES FI FR GB GR IE IT LI LU MC NL PT SE

2000-04-26 [AX] REQUEST FOR EXTENSION OF THE EUROPEAN PATENT TO

- Free text: AL PAYMENT 20000203;LT PAYMENT 20000203;LV PAYMENT 20000203;MK PAYMENT 20000203;RO PAYMENT 20000203;SI PAYMENT 20000203