Methods and Systems for Managing Payments Between Payor and Payee

摘要

A method of managing payments between a payor and a payee includes receiving by the payee a letter and a negotiable instrument made payable to the payee. The letter contains a uniform resource locator (URL) of a web page configured to create an online account responsive to transaction data from the payee. The transaction data includes verification information verifying and associating the payee to the payor and includes the payee's bank account information. The payee can receive the payment via an electronic fund transfer or by depositing the negotiable instrument at a financial institution. A payment system includes a negotiable instrument made payable to the payee and a letter containing a URL of a web page configured to create an online account responsive to verification information verifying and associating the payee to a payor and responsive to the payee's bank account information.

主权项

1. A method of managing payments between a payor and a payee, comprising:
receiving by the payee a negotiable instrument made payable to the payee; and receiving by the payee a letter containing a uniform resource locator (URL) of a web page configured to create an online account responsive to verification information verifying and associating the payee to the payor and responsive to the payee's bank account information, wherein the payee can receive the payment via an electronic fund transfer or by depositing the negotiable instrument at a financial institution.