Online Resources Corporation has been awarded a
new patent for a broad range of biller service provider (BSP) bill
payment transactions by the United States Patent and Trademark Office.
The new patent covers BSP bill payment transactions including payments
using credit cards, debit cards and PINless debit via live agent, IVR
and web-based payment systems. The patent, “Method and System for Remote Delivery of Retail Banking
Services,” is a continuation application of Online Resourcesâ original
U.S. Patent, No. 5,220,501, which covered online banking and bill
payment services and expired in December 2009. This original patent
granted Online Resources exclusive rights to process various real-time
electronic Automatic Teller Machine (ATM) network-based debit
transactions for consumers using home terminals to purchase goods or
services, pay bills and/or do home banking.
Online Resourcesâ eCom Advantage Suite is a comprehensive set of
electronic billing solutions for presentment, payment and receivables.
Clients are billers in many industries such as credit card, auto
finance, mortgage, insurance, healthcare, telecommunications and
utilities, including 13 of the top 20 U.S. card issuers.