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Payment and transactions in electronic commerce system    
United States Patent6029150   
Link to this pagehttp://www.wikipatents.com/6029150.html
Inventor(s)Kravitz; David William (Albuquerque, NM)
AbstractA method of payment in an electronic payment system wherein a plurality of customers have accounts with an agent. A customer obtains an authenticated quote from a specific merchant, the quote including a specification of goods and a payment amount for those goods. The customer sends to the agent a single communication including a request for payment of the payment amount to the specific merchant and a unique identification of the customer. The agent issues to the customer an authenticated payment advice based only on the single communication and secret shared between the customer and the agent and status information which the agent knows about the merchant and/or the customer. The customer forwards a portion of the payment advice to the specific merchant. The specific merchant provides the goods to the customer in response to receiving the portion of the payment advice.



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Patent Text Patent PDF Print Page Summary File History
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Drawing from US Patent 6029150
Payment and transactions in electronic commerce system - US Patent 6029150 Drawing
Payment and transactions in electronic commerce system
Inventor     Kravitz; David William (Albuquerque, NM)
Owner/Assignee     Certco, LLC (New York, NY)
Patent assignment
All assignments
Publication Date     February 22, 2000
Application Number     08/726,434
PAIR File History     Application Data   Transaction History
Image File Wrapper   Patent Term   Fees
Litigation
Filing Date     October 4, 1996
US Classification     705/39 705/74 705/75 705/77 902/5
Int'l Classification    
Examiner     Kemper; Melanie A.
Assistant Examiner    
Attorney/Law Firm     IP Group of Pillsbury Madison & Sutro, LLP
Address
Parent Case    
Priority Data    
USPTO Field of Search     705/27 705/26 705/40 705/39 705/413 705/44 902/1 902/2 902/5 902/24 902/37 380/24 380/30
Patent Tags     payment transactions electronic commerce
   
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 References Submit all comments and votes
 
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 U.S. References
 
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ReferenceRelevancyCommentsReferenceRelevancyComments
5832089
Kravitz et al.

Nov,1998

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 Market Review Submit all comments and votes
   
Market Size
Estimate the gross annual revenues of the relevant market sector:
> $10B
$5B - $10B
$2B - $5B
$500M - $2B
$100M - $500M
$10M - $100M
$1M - $10M
$500K - $1M
$100K - $500K
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$0   $2.5B   $5B   $7.5B   $10B
Market Share
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75% - 100%
50% - 74.99%
25% - 49.99%
10 - 24.99%
5 - 9.99%