Abstract: Payment processing policies for implementing using multi-signature addresses includes defining an address associated with the multi-signature addresses and generating a plurality of keys and associating them with each of the addresses. For each of the plurality of keys one or more rules is defined that when triggered enable each of their corresponding plurality of keys to be signed. Each rule is a logical combination of one or more conditions and each of the one or more conditions has one or more attributes that when true allow each of the conditions to be true. A number of keys must be signed in order to unlock each address. One or more exit rules may be defined associated with each address where if not all of the plurality of keys have been signed before the exit rule is triggered then all of the plurality of keys are reset to an unsigned state cancelling the transaction.

Abstract: A payment processor receives a first fiat-currency amount and information comprising a payee deposit destination. The payment processor receives a first plurality of criteria and evaluates a first plurality of exchanges against the first plurality of criteria to select a first transaction exchange from the first plurality of exchanges to initiate a first conversion between a first fiat-currency amount and a crypto-currency amount. The payment processor receives a second plurality of criteria and evaluates a second plurality of exchanges against the second plurality of criteria. The payment processor selects a second transaction exchange from the second plurality of exchanges to perform a second conversion between the crypto-currency amount and a second fiat-currency amount. The payment processor initiates a transfer of said second fiat-currency amount to the payee deposit destination.

Abstract: A payment processor receives currency information and identification information. The currency information comprising a payer fiat-currency and a payee fiat-currency and the identification information comprises information verifying the identify of a payer and a payee. The payment processor utilizes the currency information and the identification information to determine a transaction restriction level and verifies that the identification information meets the threshold for the transaction restriction level. The payment processor receives payment in the payer fiat-currency and initiates a transaction to convert the payer fiat-currency amount into a crypto-currency amount. The payment processor converts the crypto-currency amount into the payee fiat-currency. The payment processor initiates a transfer of the payee fiat-currency amount to the payee.

Abstract: A system and method for facilitating payment for online purchases is disclosed. The system allows consumers/customers who shop online to select, at the time of checkout, direct payment from an account as the payment option. An electronic bill (ebill), independent of any confidential financial information pertaining to the consumer, is automatically displayed and emailed to the consumer. The consumer pays the ebill at their bank the same way they pay their utility bill, which then results in a payment confirmation sent from the bank to the payee. Payment information from the bank is sent to the system to update the purchase transactions. Once the payment information is processed, the consumer and merchant accounts are balanced and both receive automatic notification of the payment.

Abstract: A system and method for facilitating payment for online purchases is disclosed. The system allows consumers/customers who shop online to select, at the time of checkout, direct payment from an account as the payment option. An electronic bill (ebill), independent of any confidential financial information pertaining to the consumer, is automatically displayed and emailed to the consumer. The consumer pays the ebill at their bank the same way they pay their utility bill, which then results in a payment confirmation sent from the bank to the payee. Payment information from the bank is sent to the system to update the purchase transactions. Once the payment information is processed, the consumer and merchant accounts are balanced and both receive automatic notification of the payment.

Abstract: A system and method are provided which allow users to load stored value accounts through online bill payment. The system and method do not rely on the user loading the stored value account sharing online banking login information or account number/routing information. In an aspect, the method includes a user selecting online banking as a payment option, receiving a bill for the load amount, paying the bill through online banking bill pay, the system receiving notification from the bank of an online banking bill payment and the system notifying the stored value account provider of the payment. The cash settlement is released to a stored value account provider in response to load request.

Abstract: A system and method for facilitating payment for online purchases is disclosed. The system allows consumers/customers who shop online to select, at the time of checkout, direct payment from an account as the payment option. An electronic bill (ebill), independent of any confidential financial information pertaining to the consumer, is automatically displayed and emailed to the consumer. The consumer pays the ebill at their bank the same way they pay their utility bill, which then results in a payment confirmation sent from the bank to the payee. Payment information from the bank is sent to the system to update the purchase transactions. Once the payment information is processed, the consumer and merchant accounts are balanced and both receive automatic notification of the payment.

Abstract: A system and method are provided which allow users to load stored value accounts through online bill payment. The system and method do not rely on the user loading the stored value account sharing online banking login information or account number/routing information. In an aspect, the method includes a user selecting online banking as a payment option, receiving a bill for the load amount, paying the bill through online banking bill pay, the system receiving notification from the bank of an online banking bill payment and the system notifying the stored value account provider of the payment. The cash settlement is released to a stored value account provider in response to load request.

Abstract: A system and method for facilitating payment for online purchases is disclosed. The system allows consumers/customers who shop online to select, at the time of checkout, direct payment from an account as the payment option. An electronic bill (ebill), independent of any confidential financial information pertaining to the consumer, is automatically displayed and emailed to the consumer. The consumer pays the ebill at their bank the same way they pay their utility bill, which then results in a payment confirmation sent from the bank to the payee. Payment information from the bank is sent to the system to update the purchase transactions. Once the payment information is processed, the consumer and merchant accounts are balanced and both receive automatic notification of the payment.

Abstract: A system and method are provided which allow users to load stored value accounts through online bill payment. The system and method do not rely on the user loading the stored value account sharing online banking login information or account number/routing information. In an aspect, the method includes a user selecting online banking as a payment option, receiving a bill for the load amount, paying the bill through online banking bill pay, the system receiving notification from the bank of an online banking bill payment and the system notifying the stored value account provider of the payment. The cash settlement is released to a stored value account provider in response to load request.

Abstract: A system for initiating a payment to a merchant from a bill payment system for a purchaser in an electronic purchase transaction is provided. The purchaser may be a subscriber of the bill payment subsystem and the system may include a gateway subsystem. The gateway subsystem may receive electronic purchase transaction information. The electronic purchase transaction information may include a payment request authorized by the purchaser and an identifier associated with the merchant. The gateway subsystem may further determine that the purchaser is registered with the gateway subsystem, and send the payment request to the bill payment subsystem of which the purchaser is the subscriber. The gateway subsystem may also receive a payment notification from the bill payment subsystem, and cause a first payment to be made from a first account associated with the gateway subsystem to a second account associated with the merchant.

Abstract: A system and methods are provided which allow consumers to pay for ecommerce transactions through online bill payment and for merchants to determine that payments are not fraudulent. The system and methods do not rely on personal or confidential customer information relating to credit-cards and/or bank account routing information, date of birth and/or social security number. A risk manager can perform risk assessment for the cash payment based on order information and non-confidential purchaser information included in a cash payment request. In response to receiving an indication of the cash payment from the purchaser, a determination is made whether the cash payment is a good payment based on the risk assessment. The cash payment is released to a merchant in response to a determination that the cash payment is a good payment.

Abstract: A system and method for facilitating payment for online purchases is disclosed. The system allows consumers/customers who shop online to select, at the time of checkout, direct payment from an account as the payment option. An electronic bill (ebill), independent of any confidential financial information pertaining to the consumer, is automatically displayed and emailed to the consumer. The consumer pays the ebill at their bank the same way they pay their utility bill, which then results in a payment confirmation sent from the bank to the payee. Payment information from the bank is sent to the system to update the purchase transactions. Once the payment information is processed, the consumer and merchant accounts are balanced and both receive automatic notification of the payment.

Abstract: A payment method and system use electronic media and in particular the Internet to allow a secure and trusted exchange of money, to broaden the choices of users and allow merchants to receive payment using means other than credit cards and digital cash, to reduce the cost of electronic transactions for both user and merchant and to allow users to make payment for multiple merchants using a single account. The system also referred to as the Internet Debit Manager (IDM) provides flexible payment handling and supports payment flow from the bank to the service provider to the merchant or directly from the bank to the merchant. The system allows consumers to shop online and at the time of checkout to select direct payment from account as the payment option.