System and method to initiate funding of multiple merchant accounts
A system to initiate funding of a plurality of merchant accounts may include one or more computers configured to receive input specifying at least one payment item having a payment amount, determine a convenience fee based on the at least one payment amount, select a first merchant account based on the at least one specified payment item, and select a second merchant account associated with the convenience fee. The one or more computers may also be configured to receive a single input specifying credit card information, link the payment amount, received credit card information and the first merchant account to form a first transaction, and link the convenience fee, received credit card information and second merchant account to form a second transaction. The one or more computers may further be configured to submit the first and second transactions to a credit card authorization network, receive response data from the credit card authorization network for the first and second transactions indicating whether the first and second transactions are authorized, and generate output representing a receipt for the first and second transactions if the first and second transactions are authorized.
1. A system to initiate funding of a plurality of merchant accounts comprising:
one or more computers configured to
receive input specifying at least one payment item having a payment amount;
determine a convenience fee based on the at least one payment amount;
select a first merchant account based on the at least one specified payment item;
select a second merchant account associated with the convenience fee;
receive a single input specifying credit card information;
form a first transaction with the payment amount, received credit card information and the first merchant account;
form a second transaction with the convenience fee, received credit card information and second merchant account;
submit the first and second transactions to a credit card authorization network;
receive response data from the credit card authorization network for the first and second transactions indicating whether the first and second transactions are authorized; and
generate output representing a receipt for the first and second transactions if the first and second transactions are authorized.
2. The system of claim 1 wherein the one or more computers are further configured to submit the first and second transactions to the credit card authorization network after the first and second transactions are formed.
3. The system of claim 1 wherein the one or more computers are further configured to submit a command to the credit card authorization network to settle the first and second transactions.
4. The system of claim 1 wherein the receipt comprises a single receipt.
5. The system of claim 1 wherein the one or more computers are further configured to generate output requesting an alternative form of payment if both the first and second transactions are not authorized.
6. The system of claim 1 wherein the one or more computers are further configured to generate output requesting an alternative form of payment if either of the first and second transactions are not authorized.
7. The system of claim 1 wherein the response data comprises truncated response data.
8. The system of claim 1 wherein the credit card information includes at least one of card number, expiration date and card holder name.
9. The system of claim 1 wherein the one or more computers are further configured to total an amount for each of the first and second merchant accounts.
10. The system of claim 1 wherein the one or more computers are further configured to duplicate at least a portion of the input specifying the credit card information.
11. A system to initiate funding of a plurality of merchant accounts comprising:
one or more computers configured to
receive a set of parameters specifying a credit card account;
generate at least one duplicate set of parameters specifying the credit card account;
define a first transaction to include a payment amount for a payment item, a first merchant account, and one of the sets of parameters specifying the credit card account;
define a second transaction to include a convenience fee, a second merchant account, and one of the sets of parameters specifying the credit card account;
submit the first and second transactions to a credit card authorization network;
receive response data from the credit card authorization network for the first and second transactions indicating whether the first and second transactions are authorized; and
generate output representing a receipt for the first and second transactions if the first and second transactions are authorized.
12. The system of claim 11 wherein the one or more computers are further configured to submit a command to the credit card authorization network to settle the first and second transactions.
13. The system of claim 11 wherein the receipt comprises a single receipt.
14. The system of claim 11 wherein the one or more computers are further configured to generate output requesting an alternative form of payment if both the first and second transactions are not authorized.
15. The system of claim 11 wherein the one or more computers are further configured to generate output requesting an alternative form of payment if either of the first and second transactions are not authorized.
16. The system of claim 11 wherein the response data comprises truncated response data.
17. The system of claim 11 wherein the set of parameters includes at least one of card number, expiration date and card holder name.
18. The system of claim 11 wherein the one or more computers are further configured to total an amount for each of the merchant accounts.