METHODS, SYSTEMS, AND COMPUTER READABLE MEDIA FOR AN ELECTRONIC INFRASTRUCTURE FOR A ROTATING SAVINGS AND CREDIT ASSOCIATION

摘要

A computer system can be configured to execute an electronic payment infrastructure. In some examples, the system includes one or more computers, a rotating savings and credit association (ROSCA) establisher, and a ROSCA manager. The ROSCA establisher is configured for receiving, from a communications network, one or more establishment messages specifying user identifiers and storing, in a database, an electronic payment record for each user identifier. The ROSCA manager is configured for collecting, at each collection time specified by schedule data, an incoming payment for each user identifier using the electronic payment records stored in the database and providing, at each distribution time specified by the schedule data, an outgoing payment for a selected user identifier using the electronic payment record associated with the selected user identifier in the database. The outgoing payment is based on a sum of the incoming payments for the user identifiers.