17959208. ASSOCIATING PAYMENT INFORMATION WITH A DOCUMENT SEPARATE THEREFROM FOR USE OF AN ONLINE PAYMENT SERVICE simplified abstract (KYOCERA Document Solutions Inc.)
Contents
- 1 ASSOCIATING PAYMENT INFORMATION WITH A DOCUMENT SEPARATE THEREFROM FOR USE OF AN ONLINE PAYMENT SERVICE
- 1.1 Organization Name
- 1.2 Inventor(s)
- 1.3 ASSOCIATING PAYMENT INFORMATION WITH A DOCUMENT SEPARATE THEREFROM FOR USE OF AN ONLINE PAYMENT SERVICE - A simplified explanation of the abstract
- 1.4 Simplified Explanation
- 1.5 Potential Applications
- 1.6 Problems Solved
- 1.7 Benefits
- 1.8 Potential Commercial Applications
- 1.9 Possible Prior Art
- 1.10 Original Abstract Submitted
ASSOCIATING PAYMENT INFORMATION WITH A DOCUMENT SEPARATE THEREFROM FOR USE OF AN ONLINE PAYMENT SERVICE
Organization Name
KYOCERA Document Solutions Inc.
Inventor(s)
Zheila Ola Lau of San Ramon CA (US)
ASSOCIATING PAYMENT INFORMATION WITH A DOCUMENT SEPARATE THEREFROM FOR USE OF AN ONLINE PAYMENT SERVICE - A simplified explanation of the abstract
This abstract first appeared for US patent application 17959208 titled 'ASSOCIATING PAYMENT INFORMATION WITH A DOCUMENT SEPARATE THEREFROM FOR USE OF AN ONLINE PAYMENT SERVICE
Simplified Explanation
The abstract of the patent application describes a method for associating an online financial service with a receipt, including uploading the receipt to a server, indexing and timestamping the receipt, extracting financial information using optical character recognition, and annotating the receipt with payment information for a payment service.
- Login session established with a programmed server
- Receipt uploaded to the server
- Receipt indexed and timestamped with search tags
- Financial information extracted using optical character recognition
- Receipt annotated with payment information for a payment service
- Note stored in association with the receipt
Potential Applications
This technology could be applied in online banking services, expense tracking applications, and digital payment platforms.
Problems Solved
This technology streamlines the process of associating receipts with online financial services, making it easier for users to track and manage their expenses.
Benefits
The benefits of this technology include improved organization of financial information, simplified expense tracking, and enhanced user experience in managing online financial services.
Potential Commercial Applications
Potential commercial applications of this technology include integration into online banking platforms, expense management software, and digital payment services.
Possible Prior Art
One possible prior art could be the use of optical character recognition technology in financial applications for extracting data from receipts. Additionally, there may be existing systems for annotating receipts with payment information for online financial services.
Unanswered Questions
How does this technology ensure the security and privacy of financial information extracted from receipts?
The security measures in place to protect sensitive financial data extracted from receipts are not explicitly mentioned in the abstract.
What is the scalability of this technology for processing a large volume of receipts?
The abstract does not provide information on the scalability of the technology for handling a high volume of receipts efficiently.
Original Abstract Submitted
Systems and methods relate generally to associating an online financial service with a receipt are disclosed. In one such method, a login session is established with a programmed server. The receipt is uploaded to the programmed server. The receipt is indexed and timestamped by the programmed server with at least one search tag in association therewith. Financial information is extracted from the receipt with optical character recognition. The receipt is annotated with a note having payment information for a payment service of the online financial service. The note is stored in association with the receipt though separate from the receipt.
