Systems, methods and apparatus for variable settlement accounts

Systems and methods for settling funds from an account to one or more settlement accounts of a merchant. The merchant can have a plurality of settlement accounts, which may be the same or different settlement account types. The settling of the funds can be directed by one or more settlement rules de...

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Bibliographic Details
Main Authors BAILEY BRYAN T, RAFFERTY THOMAS E
Format Patent
LanguageEnglish
Published 15.04.2014
Subjects
CALCULATING
COMPUTING
COUNTING
DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES
PHYSICS
SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR
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Summary:Systems and methods for settling funds from an account to one or more settlement accounts of a merchant. The merchant can have a plurality of settlement accounts, which may be the same or different settlement account types. The settling of the funds can be directed by one or more settlement rules defined by the merchant.
Bibliography:Application Number: US201213653443