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System for merchant-initiated payments

A business-leading technology, applied in complex mathematical operations and other directions, can solve problems such as extra time inconvenience

Inactive Publication Date: 2007-08-15
EBAY INC
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

The extra time it takes to log in and navigate a payment provider's website to make a payment is inconvenient, especially when the purchase involves only small amounts of money

Method used

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  • System for merchant-initiated payments
  • System for merchant-initiated payments
  • System for merchant-initiated payments

Examples

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Embodiment Construction

[0019] Methods and systems for facilitating merchant-led online payments are described. In the following description, for purposes of explanation, numerous specific details are set forth in order to provide a thorough understanding of the invention. However, it will be apparent to those skilled in the art that the present invention may be practiced without these specific details.

[0020] The present invention seeks to provide several advantages over existing payment methods and systems. Specifically, the present invention seeks to provide customers with simpler and faster ways to conduct transactions with merchants. According to one embodiment of the invention, a customer initiates a merchant-led payment relationship with a merchant by navigating a series of web pages and providing the necessary information to establish the payment relationship. Once the payment relationship is in place, the customer can easily and simply authorize payment with a single click to purchase go...

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Abstract

A method and system for facilitating merchant-initiated online payments are disclosed. According to one aspect of the present invention, a payment service provider's server receives a user's request, via a merchant's server, to establish a merchant-initiated payment relationship or agreement. Accordingly, the payment service provider presents the user with options to customize the terms of the merchant-initiated payment agreement. After the agreement has been established and the terms customized, the merchant server communicates a merchant-initiated payment request to the pavement service provider for a transaction entered into with the user. The payment service provider's server processes the payment request after verifying that processing the payment does not exceed the user-customized terms of the agreement.

Description

[0001] related application [0002] This application claims the benefit of priority to U.S. Provisional Patent Application No. 60 / 562,065, filed April 13, 2004, and U.S. Invention Patent Application No. 10 / 873,704, filed June 21, 2004, the specifications of each of which are adopted by References are hereby incorporated. technical field [0003] This application relates generally to process automation. Background technique [0004] Electronic commerce (e-commerce) has become increasingly popular as more and more people are becoming accustomed to purchasing products online via the Internet. Such purchases may be facilitated through the use of a third party's online payment service, such as PayPal(R) Online Payment Service offered by PayPal(R) of San Jose, California. One problem with existing online payment services is that the customer must navigate away from the merchant's website to make the payment. For example, for every online payment a customer makes, the customer ...

Claims

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Application Information

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IPC IPC(8): G06F17/16
Inventor 胡戈・奥利芬特弗兰克・查斯特内勒苏怡宁威廉・吴克里斯・布朗塔石・党托马斯・韦诺卡罗尔・甘比初哲史蒂文・陈
Owner EBAY INC