Chantilly, Va.-based electronic biller Online Resource Corp last week announced it was granted a patent by the U.S. Patent and Trademark Office for a broad range of biller service provider bill payment transactions.
The patent extends to mid-2014 and covers technology and processes used in the company’s eCom Advantage Suite.
The patent covers BSP bill payment transactions, including payments using credit cards, debit cards and PIN-less debit via live agent, IVR and web-based payment systems, such as a consumer using his mortgage company’s IVR to make monthly payment on a debit card; a business paying its utility bill via the web and charged to a commercial credit card; a consumer using a phone to pay mobile phone bills by using of several payment cards.
“This important addition to Online Resources’ intellectual property further expands on the company’s track record of financial technology innovation,” said Robert Craig, executive vice president of eCommerce Services for Online Resources. “The grant of the patent underscores the quality of the products and services we are pleased to provide to our biller clients across multiple industries that help them succeed in the online channel.”
Online Resources’ intellectual property also includes a patent on technology providing targeted advertising in a home retail banking delivery service