Integrated Electronic Disbursement and Cash Flow Management System and Method

摘要

A system and method are provided for managing electronic disbursements transferred from a business client of a financial institution to customers of the business client. The system includes a disbursement instruction processor receiving a disbursement instruction over a network from a business client system, the disbursement instruction processor processing the instruction and performing multiple steps. The steps include using a customer identifier to determine available payment channels for the customer and selecting an electronic payment channel when available payment channels include an electronic payment channel. An electronic disbursement notification is forwarded to the customer. A confirmation may be provided upon acceptance of the disbursement through the disbursement notification

主权项

1. A system for managing electronic disbursements transferred from a business client of a financial institution to customers of the business client, the system comprising:
a disbursement instruction processor receiving a disbursement instruction over a network from a business client system, the disbursement instruction processor processing the instruction and performing steps including;
using a customer identifier to determine available payment channels for the customer; andselecting an electronic payment channel when available payment channels include an electronic payment channel; an offer generator for selecting an offer based on the disbursement instruction; and a client payment manager for disbursing the payment in accordance with the disbursement instruction using the selected payment channel and sending an electronic disbursement notification to the customer, the notification including access to the selected offer.