SYSTEM AND METHOD FOR THIRD PARTY PAYMENT PROCESSING OF CREDIT CARDS

摘要

A system and method for enabling a debtor to charge a payment to a credit card when a creditor does not accept credit card payments is provided. The system comprises a customer interface, an approval engine, a scheduling engine, a service fee engine and schedule, a currency engine and schedule, a payment engine, and a reporting engine. The method comprises the steps of receiving customer data, approving the transaction, processing the credit card charge, and paying the creditor.