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US 2012/0072305 A1Published application
Transaction split fees
AssigneeeBay Inc.
InventorsSrinivas Vadhri, Jennifer Ceran
Life of this patent
Estimating the term…
Abstract
A transaction fee imposed by a payment provider may be allocated between the parties to an on-line transaction in any way and at any time. This adds flexibility to the transaction and allows the parties to allocate the transaction fee on a per transaction basis that best suits the parties.
Claims22
A method of performing on-line payments, comprising:
- receiving, by a processor of a payment provider, data for an on-line transaction between at least a first party and a second party;
- determining, by the processor, a transaction fee for the on-line transaction;
- receiving a split amount for the transaction fee between at least the first party and the second party, wherein the split amount is variable and depends on at least one of the parties;
- and
- processing a payment request based on the data and the split amount if the on-line transaction and the split amount are confirmed.
2 more elements
A machine-readable medium comprising a plurality of machine-readable instructions which when executed by one or more processors of a server are adapted to cause the server to perform a method comprising:
- receiving data for an on-line transaction between at least a first party and a second party;
- determining by a payment provider a transaction fee for the on-line transaction;
- receiving a split amount for the transaction fee between at least the first party and the second party, wherein the split amount is variable and depends on at least one of the parties;
- and
- processing a payment request based on the data and the split amount if the on-line transaction and the split amount are confirmed.
2 more elements
An on-line payment system comprising:
- means for receiving data for an on-line transaction between at least a first party and a second party;
- means for determining by a payment provider a transaction fee for the on-line transaction;
- means for receiving a split amount for the transaction fee between at least the first party and the second party, wherein the split amount is variable and depends on at least one of the parties;
- and
- means for processing a payment request based on the data and the split amount if the on-line transaction and the split amount are confirmed.
2 more elements
Dependencies are inferred from the claim text.