Wells Fargo Bank, N.a.

Derek D Mohr

James Christopher Noe

Daniel David

Albert Hwu

Shane Duncan Eaton

Theresa Ann Clements

Jacob T Orth

Michelle E Ziolkowski

Kellie L Thomas

Seth M Blacher

Irvin J Cooper

Karin L Farnsworth

Raymond Francis Gatland

Point of sale (POS) devices, systems, and methods disclosed herein enable payments by merchants to non-customers, such as to employees of the merchant. A point of sale system of the merchant determines an amount of a payment to be made by the merchant to the employee. The point of sale system transmits payment instructions for executing the payment to a payment system provider computing system. The funds are made available in a bank account of the employee instantly or near instantly.

Instant network cash transfer at point of sale

In an embodiment, a computing system receives a first electronic remittance corresponding to a first electronic payment to a payee. The system determines that the first remittance is in a first, unrecognized format, and responsively presents, to the payee, a user interface for matching electronic remittances to electronic payments. The system receives, via the user interface, field-mapping information between the first format and a second, recognized format. The system receives a second electronic remittance corresponding to a second electronic payment directed to the payee, determines that the second remittance is in the first format, and responsively uses the field-mapping information to convert the second remittance to the second format. The system matches the converted remittance to the second payment, and provides, to the payee, a payment file that indicates a match between the second remittance and the second payment.

Automated, history-based correction of electronic remittances for programmatic reconciliation of electronic receivables

System and techniques for programmatic reconciliation of electronic receivables are described herein. An electronic payment remittance and an electronic payment may be received. At least one payer profile may be queried using at least one remittance identifier to obtain a remittance payer profile. The at least one payer profile data base may be queried using at least one payment identifier to obtain a payment payer profile. A referential link may be created between the electronic payment remittance and the electronic payment based on an identification that the remittance payer profile matches the payment payer profile and an identification that at least one remittance identifier matches at least one payment identifier. A payment file may be generated and transmitted based on the referential link, the payment file including an association between the electronic payment remittance, the electronic data, and the referential link. The payment file may be transmitted to a computer.

Programmatic reconciliation of electronic receivables

Growing community of inventors

Cornelius, NC, United States of America

Derek D Mohr