Inventors:
Diane Birtwell - Chicago IL, US
Sally Balsamo - Park Ridge IL, US
Matthew Sloan - Winnetka IL, US
Edward Stolbof - Wilmette IL, US
Assignee:
Discover Financial Services, Inc. - Riverwoods IL
International Classification:
G06Q 40/00
Abstract:
Systems and methods are described for a customer to enroll in and manage a program for automatic payment for the recurring bills of a number of merchants within a single interface. The interface can be provided by the customer's credit card-issuing financial institution, which contacts the customer-selected merchants and arranges for automatic payment via the credit card. As an incentive for the customer's enrollment, an award such as award points or a lower rate of interest can be provided with respect to the automatically made transactions.