System and method for electronic funds payment
A system and method for electronic payment in a computer payment network. The system comprises a choice engine communicatively connected to a computer payment network for electronically providing a purchaser with an option to select a funding source for a purchase. The funding source is selected pre-purchase, during purchase, post-purchase, or a combination thereof. The founding source is a liquid funding account or a credit vehicle. The purchaser may use a universal payment device to make the purchase.
1 . An electronic payment system comprising:
a choice engine communicatively connected to a computer payment network for electronically providing a purchaser with an option to select a funding source post-purchase.
2 . The electronic payment system according to claim 1 , wherein the choice engine further comprises the option to select a funding choice during purchase.
3 . The electronic payment system according to claim 1 , further comprising a universal payment device for use by the purchaser to make the purchase.
4 . The electronic payment system according to claim 1 , further comprising a ledger for selection of a funding source post-purchase.
5 . The electronic payment system according to claim 1 , further comprising a pooled available balance of funds.
6 . An electronic payment system comprising:
a choice engine communicatively connected to a computer payment network for electronically providing a purchaser with an option to select a funding source pre-purchase and an option to select a funding source post-purchase.
7 . The electronic payment system according to claim 6 , wherein the choice engine further comprises the option to select a funding choice during purchase.
8 . The electronic payment system according to claim 6 , further comprising a universal payment device for use by the purchaser to make the purchase.
9 . The electronic payment system according to claim 6 , further comprising a ledger for selection of a funding source post-purchase.
10 . The electronic payment system according to claim 6 , further comprising a pooled available balance of funds.
11 . A method for electronic payment, the method comprising:
processing of a payment for a purchase made by a purchaser using a choice engine in a computer payment network, wherein the choice engine comprises an option to select a funding source post-purchase.
12 . The method according to claim 11 , wherein the purchaser uses a universal payment device to make the purchase.
13 . The method according to claim 11 , wherein the choice engine further comprises the option to select a funding source during purchase.
14 . The method according to claim 11 , wherein the funding source is a liquid funding account or a credit vehicle.
15 . The method according to claim 11 , further comprising providing a ledger for selection of the funding source post-purchase.
16 . A method for electronic payment, the method comprising:
processing of a payment for a purchase made by a purchaser using a choice engine in a computer payment network, wherein the choice engine comprises an option to select a funding source pre-purchase and an option to select a funding source post-purchase.
17 . The method according to claim 16 , wherein the purchaser uses a universal payment device to make the purchase.
18 . The method according to claim 16 , wherein the choice engine further comprises the option to select a funding source during purchase.
19 . The method according to claim 16 , wherein the funding source is a liquid funding account or a credit vehicle.
20 . The method according to claim 16 , further comprising providing a ledger for selection of the funding source post-purchase.
21 . A method for electronic payment, the method comprising:
processing of a payment for a purchase made by a purchaser using a choice engine in a computer payment network, wherein the choice engine comprises an option to select a funding source pre-purchase, an option to select a funding source during purchase, and an option to select a funding source post-purchase.
22 . The method according to claim 21 , wherein the purchaser uses a universal payment device to make the purchase.
23 . The method according to claim 21 , further comprising providing a ledger for selection of the funding source post-purchase.
24 . The method according to claim 21 , further comprising providing a pooled available balance of funds.
25 . The method according to claim 21 , wherein the funding source is a liquid funding source or a credit vehicle.