Transaction system
OwnerAnthony Tortoinventor
Life of this patent
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Abstract
The present invention provides a method of performing secure transactions between a first party and a second party. The method includes having the first party provide payment details to the second party. The second party then responds by generating a payment request including an indication of the first party and an indication of the transaction. This is provided to a third party which administers an account on behalf of the first party. The third party responds to the payment request to obtain payment from the first party from the account.
Claims45
A method of performing secure transactions between a user end station and a merchant station, the method including:
- a) Transferring payment details from the end station to the merchant station;
- b) Causing the merchant station to:
- i) Generate a payment request including:
- (1) An indication of the user's end station;
- (2) An indication of the transaction;
- and,
- ii) Transfer the payment request to a financial institution station in accordance with the payment details, the financial institution station holding an account of the user and being responsive to the payment request to obtain payment from the user via the user account.
Apparatus for performing secure transactions between a user end station and a merchant station, the apparatus including a merchant end station adapted to:
- a) Receive payment details from the end station;
- b) Generate a payment request including:
- i) An indication of the user's end station;
- ii) An indication of the transaction;
- and,
- c) Transfer the payment request to a financial institution station in accordance with the payment details, the financial institution station holding an account of the user and being responsive to the payment request to obtain payment from the user via the user account.
Apparatus for authorising secure transactions between a user end station and a merchant station, the apparatus including a financial institution station adapted to:
- a) Receive a payment request including:
- i) An indication of the user's end station;
- ii) An indication of the transaction;
- and,
- b) Initiate a secure connection with the user's end station;
- c) Obtain security information from the user end station;
- d) Process the transaction;
- and,
- e) Provide a payment indication to the merchant station.
A method of performing secure transactions between a first party and a second party, the method including:
- a) Having the first party provide payment details to the second party;
- b) Causing the second party to:
- i) Generate a payment request including:
- (1) An indication of the first party;
- (2) An indication of the transaction;
- and,
- iii) Transfer the payment request to a third party in accordance with the payment details, the third party administering an account on behalf of the first party and being responsive to the payment request to obtain payment from the first party from the account.
(canceled)
Apparatus for performing secure transactions between a first party and a second party, the apparatus including second party end station adapted to:
- a) Receive payment details from the first party;
- b) Generate a payment request including:
- i) An indication of the first party;
- ii) An indication of the transaction;
- and,
- c) Transfer the payment request to a third party in accordance with the payment details, the third party administering an account on behalf of the first party and being responsive to the payment request to obtain payment from the first party from the account.
(canceled)
Apparatus for authorising secure transactions between first and second parties, the apparatus including a financial institution station adapted to:
- a) Receive a payment request including.
- i) An indication of the first party;
- ii) An indication of the transaction;
- and,
- b) Initiate a secure connection with the first party;
- c) Obtain security information from the first party;
- d) Process the transaction;
- and,
- e) Provide a payment indication to the second party.
(canceled)
A system for performing secure transactions between a first party and a second party, the apparatus including a second party end station adapted to;
- a) Receive payment details from the first party;
- b) Generate a payment request including:
- i) An indication of the first party;
- ii) An indication of the transaction;
- and,
- iii) Transfer the payment request to a third party in accordance with the payment details, the third party administering an account on behalf of the first party and being responsive to the payment request to obtain financial account details from the first party to thereby obtain payment from the first party from the account coupled via a communications network to a financial institution end station adapted to:
- c) Receive a payment request including:
- i) An indication of the first party;
- ii) An indication of the transaction;
- and
- d) Initiate a secure connection with the first party;
- e) Obtain security information including financial account details from the first party;
- f) Process the transaction;
- and
- g) Provide a payment indication to the second party.
An electronic payment method to enable a user to securely purchase goods and services from a merchant, the method comprising the steps of:
- a) accessing a merchant website remotely from a user computer via a computer network;
- b) at a merchant website controlled by a merchant computer, enabling the user to select an account held with a financial institution from which payment is to be made;
- c) generating a payment request at the merchant computer, said payment request including identification of the user computer, identification of the merchant, the transaction amount and the account;
- d) electronically transmitting the payment request from the merchant computer to a financial institution computer, said financial institution computer controlled by the financial institution at which the account is held;
- e) at the financial institution computer, initiating a secure communication connection with the user computer;
- f) under the control of the user, transmitting security information from the user computer to the financial institution computer;
- and
- g) if the security information is accepted by the financial institution, processing the payment request at the financial institution computer, and thereafter electronically providing a payment indication from the financial institution computer to the merchant computer.
An electronic payment method to enable a user to securely pay a merchant from funds in an account, the user operating a user computer and maintaining an account with a financial institution, the method comprising the steps of:
- a) accessing a merchant website remotely from the user computer via a computer network;
- b) selecting the account held with a financial institution from which payment is to be made;
- c) confirming a payment request, said payment request indicating the transaction amount and the account;
- d) accepting a secure communication connection request from the financial institution;
- and
- e) electronically transmitting security information from the user computer to the financial institution.
A method of performing secure transactions between a user end station and a merchant station, the method including:
- a) Transferring payment details from the end station to the merchant station, the payment details including an indication of a financial institution but no account details;
- b) Causing the merchant station to:
- i) Generate a payment request including:
- (1) An indication of the user's end station;
- (2) An indication of the transaction;
- and,
- ii) Transfer the payment request to a financial institution station in accordance with the payment details, the financial institution station holding an account of the user and being responsive to the payment request to obtain payment from the user via the user account.
A method of performing secure transactions between a user end station and a merchant station, the method including:
- a) Transferring payment details from the end station to the merchant station;
- b) Causing the merchant station to:
- i) Generate a payment request including:
- (1) An indication of the user's end station;
- (2) An indication of the transaction;
- and,
- ii) Transfer the payment request to a financial institution station in accordance with the payment details, the financial institution station holding an account of the user and being responsive to the payment request to obtain payment from the user via the user account, and wherein account details are not transferred to the merchant station.
A method of performing secure transactions between a user end station and a merchant station, the method including:
- a) Transferring payment details from the end station to the merchant station;
- b) Causing the merchant station to:
- i) Generate a payment request including:
- (1) An indication of the user's end station;
- (2) An indication of the transaction;
- and,
- ii) Transfer the payment request to a financial institution station in accordance with the payment details, the financial institution station holding an account of the user and being responsive to the payment request to obtain payment from the user via the user account.
Dependencies are inferred from the claim text.