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1. (WO1999005633) AUTOMATED CREDIT CARD PAYMENT SYSTEM

Pub. No.:    WO/1999/005633    International Application No.:    PCT/US1998/015579
Publication Date: Fri Feb 05 00:59:59 CET 1999 International Filing Date: Sat Jul 25 01:59:59 CEST 1998
IPC: G06Q 30/00
Applicants: MAIN STREET MARKETING
Inventors: KERN, Daniel, A.
Title: AUTOMATED CREDIT CARD PAYMENT SYSTEM
Abstract:
An automated payment system, is provided which compares a payee's (70) customer information (76) with a consolidated master list of credit card accounts having account numbers. The consolidated database contains credit card account information (57) from multiple credit card issuers. The system allows the selection, of a particular credit card account to use when several credit cards are located for a customer. Credit card account information matching the customer is encrypted (53) and provided to the payee. The customer authorizes payment from its credit card account, which is provided in encrypted form, and thus does not have to provide the information itself. The payee collects the invoices or subscription offers with the payment authorization and submits it to a service bureau which decrypts the credit card account number and processes payment from that customer's account to the payee.