SYSTEM AND METHOD FOR ELECTRONIC PAYMENT PROCESSING AND RISK ANALYSIS

摘要

The present invention includes an inclusive electronic user transactional platform that provides access to banking, payments, and invoice features to help freelancers, independent contractors and other small businesses streamline the financial aspects of running a small or independent business. The centralized platform allows users to open a depository bank account or connect an existing bank account that is then connected to a merchant account, allowing the user to send or receive payments via credit card or ACH. The third feature is an invoice assurance tool that allows users to send invoices to their customers and chose to either factor the invoice for a fee or access an instant line of credit backed by the invoice. The platform also offers incorporation services and integrations with other business tools such as bill pay, time tracking, taxes, expenses, and others.