System and method for online commerce

A business and transaction system technology, applied in the field of online business, can solve the problems of inability to pay, trouble, restrictions, etc., and achieve the effect of increasing sales volume, system speed security, and system speed

Inactive Publication Date: 2006-03-01
EMBEDDED WIRELESS LABS
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

In addition, each consumer must enter their phone account and identity information for each transaction, which is cumbersome if a large number of transactions are conducted in a short period of time
In addition, because Truitt needs to confirm that the phone line or communication line used by the consumer at the time of the transaction matches the phone line connected to the account, consumers of the system cannot roam freely-that is, from any networked terminal. shopping on
Therefore, if Truitt consumers use a public terminal, they cannot pay from their phone account for online purchases
[0008] The above and other shortcomings of traditional payment systems have limited the goods and services that can be purchased online and have discouraged many consumers from accepting online commerce

Method used

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  • System and method for online commerce
  • System and method for online commerce
  • System and method for online commerce

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Embodiment Construction

[0026] refer to Figure 1-7 , it can be understood that the preferred embodiment of the present invention and its advantages, wherein the same reference numerals represent the same parts, the preferred embodiment of the present invention describes an online payment, especially micro-payment e-commerce (e- commerce) transactions, which may be effected via the World Wide Web ("the web"), and bill a consumer's telecommunications account, such as a telephone account, cable TV account, or satellite account. The principles of the invention may be implemented in any type of communication network connected to a telecommunications payment network. In particular, it facilitates electronic commerce transactions between "online" ie networked consumers and merchants. Consumer purchases are debited to a telephone account serviced by the telecommunications company (the term refers to "telephone account payment" herein), as the purchases periodically appear on consumer billing notices. Thes...

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PUM

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Abstract

The invention provides a secure online payment method and system. In an embodiment of the invention, a transaction system (100) facilitates online purchase of merchant items by customers and to have those purchased items billed, i.e., debited, to a telephone account. Particularly, the system comprises a number of customer web access devices, a TCP / IP communications network, a number of merchant computers (130), a centralized payment server (140), and a number of telecommunication company (TELCO) (150) networks. Communications are bridged between the TCP / IP network and the number of TELCO (150) networks implementing, for example a common channel signaling (CCS) based protocol, such as signaling system 7 (SS7).

Description

technical field [0001] The present invention relates to a business system and method, in particular to a system and method for realizing financial transfer on the Internet through a telecommunication account and realizing online business. Background technique [0002] Online commerce enables the buying and selling of goods and services over the Internet. In recent years, many online commerces have grown dramatically as businesses (traditional businesses, online marketers, and service providers) and consumers recognize the potential and efficiencies of online marketplaces. As a result, many businesses now use the Internet to advertise and sell products and services both online and offline, while consumers use their PCs, laptops, Internet-enabled handhelds, public kiosks, etc. to make convenient purchases . [0003] Micropayment systems for online commerce have great potential. Micropayment generally refers to a small amount of payment in a purchase, generally less than ten...

Claims

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Application Information

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Patent Type & Authority Applications(China)
IPC IPC(8): G06Q20/00
CPCG06Q20/04G06Q30/0641G06Q30/0601G06Q30/0633G06Q20/12G06Q20/16G06Q30/06
Inventor T·马塔伊K·马尔贡
Owner EMBEDDED WIRELESS LABS
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