Auto Direct Debit and Credit Switching Software is an enhanced version of the patent 2018100446. This software keeps the echo system updated automatically with the direct debit and direct credit details to avoid service disruption to the customers when their card or bank account change OR customers move to another bank / agency OR when there is a change to the merchants, service providers, payment systems, agencies, banks and others in the echo system. Also provides unified view of all the direct debit and credit details of customer to manage either existing OR new direct debit / credit.

摘要

#$%^&*AU2018100713A420180823.pdf#####1 ABN - 71609296308 Mobile: 0450408141 Intechpro Pty Ltd Email: admin@intechpro.com.au (Australia) Soma.shetty@intechpro.com.ou Patent application for "Auto Direct Debit and Credit Switching Software" 1 Abstract A method and system for ensuring a customer's direct debit and direct credit details OR party's details are automatically updated to avoid service disruption when 1. Banks / agencies issue the customers with a new or replacement card or customer change the bank accounts that are linked to direct debit or credit OR customer moves to another bank / agency. 2. if parties change their details, Provides a single unified view to the customers and parties with all of their direct debit and credit details to manage including pay ids. Also seamlessly communicate between the customers, merchants, service providers, payment systems, banks and credit agencies on a real time OR near real time basis to 1. synchronize those details when the change occur, 2. Authorize direct debits and credits by generating authorization tokens if required. 3. Facilitate to raise the direct debit and direct credit requests, approve them and send necessary communications and notifications to the customers and respective parties to fulfil the requests. HPRO Pty Ltd ABN - 71609296308 Mobile : 0450408141 , Poziers Road, Edmondson Park, NSW-2174 admin@intechpro.com.au soma.shettv@intechpro.com.au2 2 Definitions 1. "card or cards" : shall refers to the debit card OR credit card OR smart card OR Crypto Card OR any other card or IDs that will be used for direct debit and/or direct credit transactions 2. "account or accounts" shall refer to the bank account of a customer 3. "customer" shall refer to the person OR company OR organisation that receives the service 4. "party OR parties" shall refers to either OR all of Merchants, Service Providers, Payment Systems, Banks, Credit agencies OR any other person OR company OR organisation that provides services. 5. "echo system" shall refers to the interconnected systems for customers and parties as defined above HPRO Pty Ltd ABN - 71609296308 Mobile: 0450408141 , Poziers Road, Edmondson Park, NSW-2174 admin@intechpro.com.au soma.shetty@intechpro.com.au