Processing Online Transactions

Inactive Publication Date: 2013-10-17
WALMART APOLLO LLC
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Benefits of technology

[0032]FIG. 25 is a process flow diagram of a method for preventing fra

Problems solved by technology

These payment methods result in additional costs due to transaction processing, fraud processing, and chargeback exposure.
There are also many “unbanked” and “under-banked” customers that do not have a c

Method used

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  • Processing Online Transactions
  • Processing Online Transactions
  • Processing Online Transactions

Examples

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Embodiment Construction

[0033]It will be readily understood that the components of the present invention, as generally described and illustrated in the Figures herein, could be arranged and designed in a wide variety of different configurations. Thus, the following more detailed description of the embodiments of the invention, as represented in the Figures, is not intended to limit the scope of the invention, as claimed, but is merely representative of certain examples of presently contemplated embodiments in accordance with the invention. The presently described embodiments will be best understood by reference to the drawings, wherein like parts are designated by like numerals throughout.

[0034]The invention has been developed in response to the present state of the art and, in particular, in response to the problems and needs in the art that have not yet been fully solved by currently available apparatus and methods. Accordingly, the invention has been developed to provide apparatus and methods for managi...

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PUM

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Abstract

Disclosed are systems and methods for managing transactions in which an order is specified online and payment is received at a point of sale (POS). Methods are disclosed for managing payment for such transactions at a POS, including transactions involving payment for both in-store purchases and online orders. Methods are also disclosed for managing inventory and price changes for such transactions where payment can occur at any time in a pay period following order creation. Also disclosed are methods for processing refunds for online orders for which payment was made at a POS. Finally, methods for preventing fraud and abuse as well as restricting the availability of this payment method for certain items are disclosed.

Description

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Claims

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Application Information

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Owner WALMART APOLLO LLC
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