Linda Lou Schrupp

US Patent:

20070282742, Dec 6, 2007

Filed:

Apr 27, 2007

Appl. No.:

11/741286

Inventors:

Linda Schrupp - Hanover MN, US
Brenda Berry - Overland Park KS, US
Rick Abrahamson - Bloomington MN, US

International Classification:

G06Q 40/00

US Classification:

705040000

Abstract:

A method of processing a government program check submitted by a vendor to its bank for deposit is described. A payment processor receives at a check processing station check data for a check accepted by a vendor, where the check data includes one or more fields to be examined for conformity to a set of processing rules governing payment. Responsive to the check data, the payment processor determines whether the check conforms to the processing rules applicable to the vendor accepting the check and also determines whether or not a non-conformity found is resolvable with an ACH debit adjustment. Responsive to a determination that the non-conformity found is resolvable with an ACH debit adjustment, the payment processor applies computation logic to determine the amount of the debit adjustment; and issues an ACH debit transaction to effect the debit adjustment.