Neal H. Keitz - Upper Gwynedd PA, US Michael L. Keitz - Ambler PA, US Andrew Brecher - Lower Gwynedd PA, US Nancy Gussow Gross - Maple Glen PA, US Craig E. Conway - Bryn Mawr PA, US Edward L. Blume - Merion Station PA, US Jerry Steinbrink - Doylestown PA, US Stuart L. Anmuth - Philadelphia PA, US
Assignee:
The Keitz Group LLC - Jenkintown PA
International Classification:
G06Q 20/12 G06Q 40/04
US Classification:
705 37
Abstract:
In general, this disclosure describes an electronic payment processing system that facilitates payment for goods or services using securities, such as stock. In some examples, A computing device includes at least one processor configured to receive data indicating an electronic payment request for a transaction associated with a provider of goods or services; process the payment request with a payment processing system to access a data store of a data storage device to identify one or more accounts associated with a recipient of the goods or services and to determine whether the identified accounts have sufficient amount of securities to satisfy an amount specified by the electronic payment request; and when the identified account has a sufficient amount of securities to satisfy the amount specified by the payment request, automatically generating an electronic response message from the payment processing system indicating pending payment for the transaction.
Neal H. Keitz - Upper Gwynedd PA, US Michael L. Keitz - Ambler PA, US Andrew Brecher - Lower Gwynedd PA, US Nancy Gussow Gross - Maple Glen PA, US Craig E. Conway - Bryn Mawr PA, US Edward L. Blume - Merion Station PA, US Jerry Steinbrink - Doylestown PA, US Stuart L. Anmuth - Philadelphia PA, US
Assignee:
The Keitz Group LLC - Jenkintown PA
International Classification:
G06Q 20/12 G06Q 40/04
US Classification:
705 37
Abstract:
In general, this disclosure describes an electronic payment processing system that facilitates payment for goods or services using securities, such as stock. In some examples, A computing device includes at least one processor configured to receive data indicating an electronic payment request for a transaction associated with a provider of goods or services; process the payment request with a payment processing system to access a data store of a data storage device to identify one or more accounts associated with a recipient of the goods or services and to determine whether the identified accounts have sufficient amount of securities to satisfy an amount specified by the electronic payment request; and when the identified account has a sufficient amount of securities to satisfy the amount specified by the payment request, automatically generating an electronic response message from the payment processing system indicating pending payment for the transaction.