Payment processor financing of customer purchases

作者: Brian Boates , John Bryan Scott , Andrew Kimball , Adam Jeremy Fern

DOI:

关键词: Payment cardTerminal (electronics)Payment service providerFinancePaymentPayment processorBusinessInterface (computing)

摘要: A payment processing system for mobile point-of-sale transactions from a (POS) terminal including card reader having interface configured to read data card, the process request merchant provide financing purchase by buyer (e.g., second merchant). The is further calculate terms an approved amount and repayment amount, transmit presentation via POS terminal, receive acceptance of buyer, merchant, according terms.