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BUSINESS TO BUSINESS INVOICE GENERATION AND PAYMENT SYSTEM AND METHOD USING MOBILE PHONES
BUSINESS TO BUSINESS INVOICE GENERATION AND PAYMENT SYSTEM AND METHOD USING MOBILE PHONES
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机译:使用移动电话的企业对企业发票生成和付款系统及方法
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摘要
A method and system for processing invoice transactions between vendors (distributors) and retailers (merchants) via mobile phone is disclosed. Each distributor has a unique vendor identifier. Each retailer has a unique identifier, typically his/her mobile phone number. An intermediary system processes payments and upon verification of account balance at retailer's bank, the intermediary system notifies the vendor bank, debits the funding account at the retailer's bank, processes a credit to the vendor's bank, and sends an approval message to the retailer's mobile phone.
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